LONGi Green Energy Technology (SHA:601012) took Jinko Solar (SHA:688223) to court over alleged patent infringements, with a hearing in Jinan, Shandong province set on March 20, YiCai Global reported Feb. 14.
This marks the latest clash in a growing "patent war" among Chinese photovoltaic manufacturers, with six major firms currently embroiled in legal battles, according to the report.
Industry insiders said key drivers of the war included slowing research and development investment and rampant tech staff poaching, YiCai Global wrote.
Jinko Solar has also sued LONGi Green Energy Technology in multiple regions, according to the report.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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