His arrest comes after a police investigation found that the factory had been rushing to meet production deadlines.
Investigators said there were a number of safety issues at the plant, including a failure to address quality defects in batteries and hiring unskilled staff to handle dangerous materials.
It was also alleged that Aricell had been cheating in quality inspections related to contracts with the military.
The blaze broke out on 24 June after several battery cells exploded.
At the time of the fire, the Aricell factory housed an estimated 35,000 battery cells on its second floor, where batteries were inspected and packaged.
As a lithium fire can react intensely with water, firefighters had to use dry sand to extinguish the blaze, which took several hours to get under control.
The victims were mostly foreign workers, from country’s including China and Laos.
South Korea is a leading producer of lithium batteries, which are used in many items from electric cars to laptops.
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