Core Viewpoint - InnoTech's stock price experienced significant fluctuations, with an increase of 7.21% to HKD 82.55 per share as of 10:10 AM on December 5, 2023, reaching a peak increase of nearly 8% earlier in the day [1]. Stock Performance - The stock reached a high of HKD 83.15 and a low of HKD 82.55, with a trading volume of 3.383 million shares [2]. - The average price was HKD 80.295, indicating a strong upward trend in the stock's performance [2]. Strategic Partnership - On December 3, InnoTech announced a strategic partnership with ON Semiconductor to accelerate the application and layout of Gallium Nitride (GaN) technology [3]. - The collaboration aims to integrate InnoTech's advanced GaN manufacturing capabilities with ON Semiconductor's expertise in system packaging and integration, targeting sectors such as electric vehicles, artificial intelligence, and data centers [3]. - This partnership is expected to generate hundreds of millions of dollars in GaN sales over the coming years and provide a competitive edge in market expansion for both companies [3].
港股异动 | 推进氮化镓产业的应用与布局 英诺赛科一度涨近8%