Soitec confirms its excellence in innovation with progress up 2024 INPI patent ranking

Core Insights - Soitec has demonstrated its commitment to innovation by rising in the 2024 INPI patent ranking, confirming its role in developing disruptive technologies [1][2][4] - The company filed 76 patents in France in 2024, an increase from 62 in the previous year, showcasing the strength of its innovation strategy [3][7] - Soitec dedicates 14% of its revenue to R&D, focusing on innovative materials for mobile communications, artificial intelligence, and power electronics [4][6] Innovation and Patent Strategy - Soitec's patents originate from all its global innovation sites, reflecting a collaborative approach that combines technological excellence with local roots [2][3] - The company has a robust patent portfolio with approximately 400 patents filed worldwide each year, securing its innovations and ensuring market differentiation [3][4] - Soitec has registered over 4,000 patents, reinforcing its position as a technology leader [8] Product Development and Market Position - The company is at the forefront of Photonics-SOI technology, facilitating the transition from electrical to optical interconnects, crucial for data centers and telecommunications [5] - Soitec's SmartSiC™ silicon carbide wafers enhance performance and sustainability in power electronics, vital for electric mobility and the energy sector [5] - The POI (Piezoelectric On Insulator) substrate, developed using SmartCut™ technology, is suitable for advanced applications in optoelectronics and telecommunications [5] Financial Performance and Growth - Soitec generated sales of 1 billion Euros in the fiscal year 2023-2024, indicating strong financial performance [6] - The company ranks 1st among the most innovative mid-sized companies for the second consecutive year and has risen to 22nd place nationally, up three places [7]