Shares of INNOSCIENCE (02577) surged more than 13% during the trading session. At the time of writing, the stock was up 8.97% to HK$72.9, with a turnover of HK$1.385 billion.
The price movement follows a series of favorable legal outcomes for the company. After recently securing a sales injunction and infringement compensation ruling against Infineon in China last week and a decisive victory at the US International Trade Commission last month, Innoscience has now received a "non-infringement" judgment from a German court.
On June 19th, the company announced via its official website that, based on two rulings issued by the Munich Regional Court on the 17th, its currently sold gallium nitride power device products do not fall within the scope of the German patent asserted by Infineon and are therefore not restricted in Germany.
Analysts have previously highlighted the company's strategic positioning. It was noted that Innoscience has successfully entered the 800V HVDC supply chains of several international leading clients, including NVIDIA, becoming a core supplier for AI infrastructure construction and high-density computing centers. The company is collaborating with multiple power semiconductor firms, such as STMicroelectronics and onsemi, to develop dozens of power supply and module solutions applicable to these high-density computing centers, driving the upgrade of data centers. It is anticipated that with the implementation and scaling of high-voltage DC architectures, a new era of large-scale AI-GaN applications will arrive.
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