"Asian Tech Press (Feb 7) -- SK's battery-producing unit SK On is reportedly about to do a pre-IPO fundraising this week estimated at 3 to 4 trillion won ($3.3 billion).
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The new capital will primarily fund overseas projects, the South Korean news outlet said. The company aims to increase production capacity to 77 GWh by the end of the year from the current 60 GWh and gradually increase it to 500 GWh by 2030 by adding capacity globally."
