因两起必要专利纠纷，存储龙头江波龙全资子公司起诉另一家上市存储公司佰维存储。日前，佰维存储 发布关于公司收到《民事起诉状》的自愿性披露公告，披露上述事项。公告显示，两家公司均表态自身 履行作为专利权人的相关义务，但对于在谈判过程中佰维存储一方是否存在过错，双方却各执一词。 两项涉案专利原始申请人 均为诺基亚公司 元预知主张，涉案专利是JEDEC协会制定的eMMC标准的必要专利，所有符合eMMC标准的产品均落入 专利的保护范围，并主张佰维存储未经许可，制造、许诺销售和销售侵害了涉案专利权的产品，金震公 司销售以该产品作为零部件的手机，均构成对涉案专利权的侵犯。 公开信息显示，eMMC标准是一种主要针对手机或平板电脑等产品的内嵌式存储器标准规格。佰维存储 生产的符合该标准的产品缘何构成专利侵权？ 北京清汇律师事务所主任沈泳在接受南都湾财社记者采访时对这一问题进行了解答，他表示，"标准可 以理解为同行约定好的技术规矩。例如，不同品牌的充电器，可以相互替换，就是遵循了共同的标 准"，而标准必要专利就是实现某一个标准中，必然会使用的专利。 标准是行业或者国家的规定，实行标准而需要付费又是否合理？沈泳指出，这一点在过去曾 ...

行业报告 | 行业专题研究 半导体 证券研究报告 涨价持续性+AI 强催化+国产化加速，重点推荐存储板块机遇 我们看好存储板块近期重大机遇，基于：1）Q3Q4 存储大板块或持续涨价、2）AI 服务器、 PC、手机等带动存储容量快速升级+HBM、eSSD、RDIMM 等高价值量产品渗透率持续提升 拉高板块收入提亮、3）HBM、eSSD、RDIMM、DDR 等高难度高速发展产品国产化率持续提 升，国内存储市场进一步加速成长。 1）二季度存储涨势喜人，Q3-Q4DRAM/NAND 涨价动能强化，供给侧改革驱动 DDR4 领涨， 近期分析：半导体存储市场自 2025 年 3 月底开始逐步回暖，DRAM/NAND 皆自 3 月陆续开启 上涨通道。领涨产品来看，近期美光停产 DDR4/LPDDR4 引发结构性短缺，现货市场已现供需 失衡：6 月 DDR4 报价单月跳涨 50%，渠道内存条两周累计涨幅超 30%，低容量 eMMC 价格较 去年底翻倍增长。Q3Q4 涨价趋势明确：① DRAM 及 DDR4 合约价：PC DDR4 预期涨幅扩大 至 18-23%（TrendForce），Server DDR4 涨幅 8-13% ...

根据市场公开信息及6月30日披露的机构调研信息，知名私募纽富斯投资近期对1家上市公司进行了调 研，相关名单如下： 1）佰维存储 （纽富斯投资参与公司特定对象调研） 深圳纽富斯投资有限公司是集公募投研能力和私募管理机制为一体的财富管理平台。公司实缴资本1000 万，为中国证券投资基金业协会登记备案的私募基金管理人。团队具备多年的二级市场主动投资和量化 投资经验，是集公募投研能力和私募管理机制为一体的财富管理平台。 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成投资建议。 调研纪要：佰维存储在AI时代的高性能存储产品布局广泛，涵盖手机、PC、智能穿戴设备等领域，提 供UFS、LPDDR5/5X、DDR5超频内存条、PCIe 5.0 SSD等产品。公司在智能穿戴领域与Google、Meta 等知名企业合作，2024年面向AI眼镜产品收入达1.06亿元，预计2025年增长超500%。晶圆级先进封测 项目预计2025年下半年投产，覆盖多种先进封装形式。在智能汽车领域，公司推出车规级eMMC、 LPDDR、NOR Flash等产品，已在国内头部车企量产。公 ...

国产化替代是近年来中国存储产业增长的主要驱动力，上游原厂技术提 升及下游国产品牌崛起共同推动存储产业链的国产升级，为国内模组厂 商带来进入中高端市场的机会。 存储行业经历周期性波动，2022 年巨亏后，2023 年原厂减产推动价格 上涨，但 2024 年二季度需求疲软导致价格回落。2023 年底原厂再次 减产，2024 年 3 月价格回暖，5 月 NAND 价格温和复苏，DDR4 受供 给端控产影响，6 月价格持续拉升。 当前存储行业整体处于健康复苏状态，原厂控制稼动率，NAND 制程迭 代。DDR4 价格拉升较快，可能存在吸收现象，但 NAND 和 DRAM 价 格预计将延续温和复苏态势。 AI 背景下，存储产业升级机会在于端侧手机市场和服务器端企业级存储 市场。模组厂商通过技术研发可撬动中高端手机市场，企业级存储需求 自 2023 年四季度起逐月攀升，受益于 AI 驱动和国产化。 2025 年第二季度存储市场价格表现超出预期，DRAM 涨幅显著。 NAND Flash 受益于原厂谨慎生产和 CSP 厂商拉动 SSD 需求，DRAM 受益于原厂减产和提前备货，DDR4 涨价明显，DDR5 价格相对稳定， H ...

Core Viewpoint - The storage industry is facing legal disputes over standard essential patents, with Jiangbolong's subsidiary suing Baiwei Storage for patent infringement related to eMMC standards [1][4][7]. Group 1: Legal Dispute Overview - Jiangbolong's subsidiary, Yuan Yuzhi Technology, has filed a lawsuit against Baiwei Storage for two counts of patent infringement, seeking to stop Baiwei's infringing activities and requesting compensation for legal expenses [4][7]. - The patents in question were originally filed by Nokia and are now licensed to Yuan Yuzhi by Emter Storage Technology [4][6]. Group 2: FRAND Obligations - Both companies claim to adhere to FRAND (Fair, Reasonable, and Non-Discriminatory) principles, but they disagree on whether Baiwei Storage has committed any wrongdoing during negotiations [3][6][7]. - Yuan Yuzhi asserts that Baiwei Storage has violated its FRAND obligations, while Baiwei claims it has acted in good faith throughout the licensing discussions [6][7]. Group 3: Implications of the Dispute - The eMMC standard, which is crucial for embedded storage in mobile devices, is at the center of this dispute, raising questions about compliance and patent rights within the industry [4][5]. - Baiwei Storage's legal team believes the lawsuit lacks legal support and anticipates minimal impact on its operations and profits due to the low amount involved and the impending expiration of the patents in question [7].

Core Viewpoint - The storage industry is experiencing a significant downturn in 2023, with major players reducing expenditures, yet the company, Baiwei Storage, is increasing its R&D investments to prepare for future growth [2][10]. Group 1: Financial Performance - In 2023, Baiwei Storage reported a loss exceeding 600 million yuan, but its R&D investment rose to 250 million yuan, a year-on-year increase of 97.77% [2]. - For 2024, Baiwei Storage anticipates revenue of 6.695 billion yuan, representing an 86.46% year-on-year growth, and a net profit of 161 million yuan, up 125.82% [2]. Group 2: R&D and Technology - Baiwei Storage has achieved over 80% of its testing equipment through self-research, breaking through structural barriers in the industry [5]. - The company has invested over 800 million yuan in R&D over the past three years, with 447 million yuan allocated in 2024, a 78.99% increase year-on-year [5]. Group 3: Strategic Positioning - The company emphasizes the importance of mastering technology and establishing a differentiated identity to ensure product quality and long-term survival [6][8]. - Baiwei Storage strategically entered the storage testing and packaging segment to enhance its control over product quality and meet customer demands [7]. Group 4: Market Outlook and AI Integration - Baiwei Storage is preparing for the AI sector, with revenue from AI-related products exceeding 1 billion yuan in 2024, a growth of approximately 294% [10]. - The company views AI glasses as a significant growth opportunity, leveraging its integrated R&D and testing capabilities to meet the high demands of this market [11].

佰维存储：为小米AI眼镜提供ePOP存储芯片 金十数据6月26日讯，小米AI眼镜正式发布。根据维深信息（WellsennXR）发布的小米AI眼镜拆解报 告，该产品由佰维存储提供ePOP存储芯片。该存储芯片是闪存和内存垂直堆叠封测的产品，容量为 32GB+2GB。佰维存储目前已经成为国内外众多AI眼镜厂商的存储芯片主要供应商，除了小米外，公司 还向Meta、Rokid、雷鸟创新等品牌供货。 （上证报） 订阅人工智能动态 +订阅 跟踪小米集团动态 +订阅 ...

Core Viewpoint - The article discusses a patent dispute between two leading companies in the domestic storage industry, Shenzhen Jiangbolong Electronics Co., Ltd. and Shenzhen Baiwei Storage Technology Co., Ltd., highlighting the implications for the industry and the ongoing trends in patent litigation and technology competition [1][2]. Group 1: Patent Dispute Details - Jiangbolong's subsidiary, Yuan Yuzhi Technology, filed a lawsuit against Baiwei Storage for patent infringement, seeking compensation of 1.21685 million yuan [1]. - The patents in question relate to core technologies for eMMC storage devices, originally owned by Nokia and later transferred to Jiangbolong's affiliates [1]. - Baiwei Storage asserts its compliance with FRAND principles during negotiations and claims insufficient legal basis for the lawsuit [1]. Group 2: Financial Impact and Industry Trends - The amount in dispute represents only 0.79% of Baiwei Storage's Q1 2025 revenue of 1.543 billion yuan, indicating a limited immediate financial impact [2]. - The eMMC technology at the center of the dispute is a mainstream solution in the embedded storage market, with Baiwei Storage's revenue in AI edge storage exceeding 1 billion yuan in 2024, reflecting a 294% year-on-year growth [2]. Group 3: Legal Considerations - The case may focus on three key legal issues: whether the implementation of standard-essential patents constitutes infringement, the reasonableness of licensing fees under FRAND principles, and the conditions for applying injunctions [3]. - Baiwei Storage plans to file for a declaration of patent invalidity and continue developing high-end products like LPDDR5X and PCIe5.0 [3].

证券代码：688525 证券简称：佰维存储 公告编号：2025-038 深圳佰维存储科技股份有限公司 关于签署募集资金专户存储监管协议之补充协议的 公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 一、募集资金基本情况 根据中国证券监督管理委员会于 2025 年 3 月 10 日出具的《关于同意深圳 佰维存储科技股份有限公司向特定对象发行股票注册的批复》（证监许可〔2025〕 447 号），同意深圳佰维存储科技股份有限公司（以下简称"公司"）2023 年 度向特定对象发行 A 股股票（以下简称"本次发行"或"本次向特定对象发行"）。 公司本次向特定对象发行人民币普通股 30,025,284 股，发行价格为每股人民币 63.28 元，共募集资金人民币 1,899,999,971.52 元，扣除不含税发行费用人民币 29,314,551.81 元，实际募集资金净额为人民币 1,870,685,419.71 元。上述资金 到位情况已经天健会计师事务所（特殊普通合伙）审验，并出具了天健验〔2025〕 3-16 号《验资报告》。 ...

Core Viewpoint - Shenzhen Biwin Storage Technology Co., Ltd. is currently involved in two lawsuits regarding patent infringement, with the company as the first defendant. The company believes that the lawsuits will not significantly impact its operations or financial status due to adherence to the FRAND principle and the impending expiration of the involved patents [1][2][6]. Summary by Sections Lawsuit Overview - The company received a summons from the Nanjing Intermediate People's Court on June 24, 2025, regarding two lawsuits filed by Yuan Yuzhi Technology (Shenzhen) Co., Ltd., a subsidiary of Jiangbolong Electronics [2][3]. - The lawsuits involve claims for stopping the manufacture and sale of eMMC products and the destruction of inventory, with a total claim amount of approximately RMB 608,425 for each case [3][4]. Details of the Cases - **Case One**: - Case Number: (2025) Su 01 Minchu 1539 - Involves a patent related to methods for booting host devices from MMC/SD devices, originally filed by Nokia and expiring on November 27, 2026 [3][4]. - **Case Two**: - Case Number: (2025) Su 01 Minchu 1541 - Involves a similar patent with the same expiration date and original applicant [4][5]. Company’s Position and Impact Assessment - The company has assessed that the lawsuits will not have a major adverse effect on its production, operations, or financial condition [1][2][6]. - The company has a strong patent portfolio with 404 patents, including 150 invention patents, which supports its technological leadership [6]. - The company maintains that it has acted in good faith during licensing negotiations and has not committed any significant wrongdoing [7][8]. - The company plans to file a request for invalidation of the involved patents with the National Intellectual Property Administration [8]. Future Actions - The company will actively defend its rights and interests in the lawsuits and will continue to disclose information regarding the progress of the cases in accordance with relevant regulations [2][9].