Xin Lang Cai Jing·2026-02-09 05:02Core Viewpoint - The long-standing BC patent litigation between Aiko Solar (爱旭股份) and TCL Zhonghuan (TCL中环) has concluded with a settlement, allowing Aiko to obtain a comprehensive patent license from Maxeon for BC battery and component technologies outside the U.S. for the next five years [2][8]. Group 1: Settlement Details - Aiko Solar and Maxeon signed a patent licensing agreement worth 1.65 billion yuan, with Aiko to pay in installments over five years, starting with 250 million yuan in the first year [9]. - The total licensing fee is fixed and will not be adjusted based on Aiko's sales volume or market changes [9]. - Both parties agreed to withdraw or terminate all ongoing or pending legal proceedings related to the licensed patents during the five-year agreement [2][8]. Group 2: Financial Implications - The licensing fee is the highest publicly disclosed in China's solar industry, posing a financial challenge for Aiko, which is projected to incur losses of 1.2 to 1.9 billion yuan in 2025 [9][11]. - Aiko's ABC technology, which is among the highest efficiency solutions globally, is seen as a critical asset that necessitates this licensing agreement to access international markets [11]. Group 3: Market Context and Competition - Maxeon has actively pursued legal actions against Aiko and other companies in the solar industry, indicating a competitive landscape where patent disputes can disrupt market dynamics [3][10]. - The settlement allows Aiko to mitigate risks associated with ongoing patent disputes, which could deter customers from placing large orders due to compliance concerns [10]. - The agreement may shift the competitive balance within the BC technology sector, particularly affecting other players like LONGi Green Energy (隆基绿能), which may face increased pressure regarding patent issues [13][14]. Group 4: Future Considerations - The agreement is set to last for five years, after which the renewal terms will need to be negotiated, leaving uncertainty about future licensing arrangements [12]. - Aiko plans to differentiate its patent licensing strategy by region and product, aiming to establish a comprehensive patent ecosystem in the BC industry [11].