On June 23, Innoscience (02577.HK) rose 3.59% in regular trading, trading at HK$76.8/share, with turnover of HK$253 million. The stock extended gains following a strong 13% surge in the previous session.

On the news front, Innoscience announced on June 19 that the Munich Regional Court issued two rulings on June 17 confirming that the company's current GaN power device products do not fall within the scope of Infineon's German patent claims, and are therefore unrestricted in Germany. This ruling is highly consistent with the US International Trade Commission's unanimous decision last month, which found Innoscience's existing products did not infringe Infineon's US packaging design patent. The court identified only a small number of historical products — certain packaged transistors rated at 650V to 700V — as infringing, all of which had already been withdrawn from the market.

This legal victory follows a series of favorable outcomes, including a sales injunction and infringement damages award against Infineon in China. Innoscience has secured positions in Nvidia's 800V HVDC supply chain and partnered with STMicroelectronics and onsemi on power solutions for high-density computing centers, positioning itself as a core supplier in AI infrastructure.

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