INNOSCIENCE Shares Surge Over 5% in Morning Trading as ITC Final Ruling Permits Continued U.S. Import and Sale of GaN Power Devices

Stock News
05/11

INNOSCIENCE (02577) rose more than 5% in morning trading. As of press time, the stock was up 4.43% to HK$68.4, with a turnover of HK$63.9608 million. On the news front, according to an announcement on INNOSCIENCE's official social media account, on May 8, the company stated that the U.S. International Trade Commission (ITC) issued a final ruling in investigation No. 337‑TA‑1414, confirming that INNOSCIENCE's current gallium nitride (GaN) power device products do not infringe relevant patents held by Infineon and can continue to be imported and sold in the United States without restrictions.

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