初裁胜诉！康希通信亏损困局能否迎转机？

Core Viewpoint - The initial ruling by the U.S. International Trade Commission (ITC) found that the company's subsidiaries did not infringe on the patents claimed by Skyworks Solutions, allowing the company to continue exporting its products to the U.S. market [1][6]. Group 1: Legal Proceedings - On May 2024, Skyworks filed a patent infringement lawsuit against the company's subsidiary, claiming infringement of five patents related to specific RF front-end modules (FEMS) [4]. - The ITC issued a notice of investigation in August 2024, formally opening the case under Inv.No.337-TA-1413 [4]. - The ITC's administrative law judge issued a preliminary ruling on January 24, 2026, stating that the company did not violate Section 337 of the Tariff Act of 1930 [4][6]. Group 2: Patent Status - Three of the patents involved in the investigation (US 9,450,579, US 9,148,194, and US 7,409,200) were withdrawn by Skyworks during the evidence disclosure phase, terminating the investigation for those patents [5]. - The company has not infringed on any of the five patents claimed by Skyworks [6]. Group 3: Business Implications - A favorable ruling in the 337 investigation would allow the company's products to continue entering the U.S. market, strengthening its market share and industry influence [6][9]. - The outcome of the investigation will not directly affect the company's operations in markets outside the U.S. due to the territorial nature of patents [7][9]. - The 337 investigation does not involve monetary damages, and any litigation costs will cease following the final ruling, indicating no significant legal expenses for 2026 [7][9]. Group 4: Company Performance - For the first three quarters of 2025, the company reported total revenue of 526 million yuan, a year-on-year increase of 39.32%, but incurred a net loss of 30.53 million yuan [10]. - The company faced significant litigation and attorney fees amounting to 50.6 million yuan from January to September 2025, which impacted its net profit [10].