Understanding the Market | INNOSCIENCE rises over 15% against the market, EPC patent ruled invalid, INNOSCIENCE wins final victory in ITC case
INNOSCIENCE rose over 15% against the market trend, as of the time of writing, it rose 14.16%, reported at HKD 60.05, with a transaction volume of HKD 43.8983 million. The company won a patent infringement case against EPC in the United States, with the U.S. Patent Office ruling EPC's patent invalid, marking INNOSCIENCE's victory in this two-year patent battle. In addition, INNOSCIENCE has been included in the eligible shares for the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect
According to the Zhitong Finance APP, INNOSCIENCE (02577) has risen over 15% against the market trend, and as of the time of writing, it has increased by 14.16%, trading at HKD 60.05, with a transaction volume of HKD 43.8983 million.
In terms of news, INNOSCIENCE announced that it has achieved a decisive victory in the patent infringement case initiated against it by EPC in the United States. On March 18, 2025, the U.S. Patent Office made a final ruling on the patent involved in the EPC case (US’294 patent), declaring that all claims of the patent are invalid and should be revoked. This ruling fundamentally denies the basis of EPC's accusations against INNOSCIENCE, marking a complete victory for INNOSCIENCE in the two-year patent battle initiated by EPC.
It is worth noting that on March 10, INNOSCIENCE was included as an eligible stock in the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect. Public information shows that INNOSCIENCE is the world's first company to achieve mass production of 8-inch silicon-based gallium nitride wafers, and it is also the only company globally capable of providing a full voltage spectrum of silicon-based gallium nitride semiconductor products at an industrial scale. As of June 30, 2024, INNOSCIENCE has the largest gallium nitride power semiconductor production base in the world; in terms of revenue, the company ranked first among all gallium nitride power semiconductor companies globally in 2023, with a market share of 33.7%
