人民财讯12月19日电，12月19日，安森美与格罗方德达成全新合作协议，共同研发并制造下一代氮化镓 功率器件，合作将从650V器件开始。据介绍，安森美该系列产品将结合格罗方德200毫米增强型硅基氮 化镓工艺，以及自身行业领先的硅基驱动器、控制器和强化散热封装技术，为AI数据中心、汽车、工 业、航空航天等应用场景，提供更小、更高能效的优化系统解决方案。 ...

Core Viewpoint - InnoLux (02577) shares rose nearly 7%, closing at HKD 86.1 with a trading volume of HKD 361 million, following the announcement of a memorandum of understanding with ON Semiconductor to explore opportunities in the GaN power device market [1] Group 1: Strategic Partnership - ON Semiconductor and InnoLux have signed a memorandum of understanding to collaborate in the GaN power device market [1] - The partnership will initially focus on power devices ranging from 40-200V to enhance customer adoption rates [1] Group 2: Technological Integration - InnoLux will leverage its mature 8-inch silicon-based GaN technology, integrating its advanced manufacturing capabilities with ON Semiconductor's expertise in system packaging and integration [1] - This collaboration aims to accelerate the deployment of GaN technology in key sectors such as electric vehicles, artificial intelligence, data centers, and industrial applications [1] Group 3: Financial Outlook - The strategic partnership is expected to generate several hundred million dollars in GaN sales for InnoLux over the coming years [1] - The collaboration is anticipated to provide both companies with a competitive edge in market expansion within the aforementioned critical sectors [1]

Core Viewpoint - InnoLux (02577) has seen a nearly 7% increase in stock price following the announcement of a memorandum of understanding with ON Semiconductor to explore opportunities in the GaN power device market [1] Group 1: Partnership and Market Strategy - ON Semiconductor plans to start providing samples in the first half of 2026, focusing initially on 40-200V power devices to enhance customer adoption rates [1] - The collaboration aims to integrate InnoLux's advanced GaN manufacturing capabilities with ON Semiconductor's expertise in system packaging and integration, accelerating the deployment of GaN technology in key sectors such as electric vehicles, artificial intelligence, data centers, and industrial applications [1] Group 2: Financial Implications - The strategic partnership is expected to generate several hundred million dollars in GaN sales for InnoLux over the coming years, providing both companies with a competitive edge in market expansion within the targeted sectors [1]

Core Viewpoint - InnoLux (02577) shares rose nearly 7%, currently up 6.49% at HKD 86.1, with a trading volume of HKD 361 million, following a memorandum of understanding signed with ON Semiconductor to explore opportunities in the gallium nitride (GaN) power device market [1] Group 1: Strategic Partnership - ON Semiconductor and InnoLux have signed a memorandum of understanding to target the GaN power device market [1] - The collaboration will initially focus on power devices ranging from 40-200V to enhance customer adoption [1] - The partnership aims to leverage InnoLux's mature 8-inch silicon-based GaN technology and ON Semiconductor's expertise in system packaging and integration [1] Group 2: Market Opportunities - The strategic cooperation is expected to generate several hundred million dollars in GaN sales for InnoLux over the coming years [1] - The collaboration is positioned to provide both companies with a competitive edge in key sectors such as electric vehicles, artificial intelligence, data centers, and industrial applications [1]

GaN半导体器件凭借更高的开关速度、更小的尺寸和更低的能耗，能够在更小的空间内提供更大的功 率。由于产品供应和产能不足，GaN在低压和中压领域的应用受限。据统计，预计到2030年，GaN将在 全球功率半导体市场占据约29亿美元(11%)的份额，2024—2030年期间复合年增长率预计达42%。 通过此次合作，安森美和英诺赛科加速推进实现更优化的GaN解决方案在全球主流市场的大规模部署。 具体来看，本次合作覆盖多领域的相关产品，其中工业领域包含机器人电机驱动器、太阳能微型逆变器 及优化器；汽车领域涵盖DC-DC转换器、同步整流；电信基础设施领域涉及DC-DC转换器与负载点转 换器；消费及大众市场领域包含电源、适配器、DC-DC转换器、电机驱动器、音频设备、轻型电动汽 车、电动工具、机器人等；AI数据中心领域则有中间总线转换器、DC-DC转换器、备用电池。 本次合作中，安森美的系统专业知识以及英诺赛科成熟的GaN技术和制造工艺，将实现快速原型制作、 加速设计导入，并迅速进入主流市场。另外，依托安森美全球集成与封装经验及英诺赛科成熟的GaN产 能，实现真正面向大众市场的规模化生产，满足大批量产能爬坡需求。通过优化封 ...

Core Viewpoint - InnoScience (02577.HK) plans to raise funds through a placement of new H-shares, with a total expected amount of HKD 1.56 billion, aimed at capacity expansion, debt repayment, and working capital [1][2]. Fund Allocation - Approximately 31% of the funds (HKD 482 million, about RMB 442 million) will be used for capacity expansion and product upgrades to meet the growing demand in the GaN power device market [1][2]. - About 24% of the funds (HKD 376 million, about RMB 344 million) will be allocated to repay interest-bearing debts, optimizing the capital structure and reducing financial risk [2]. - Approximately 45% of the funds (HKD 691 million, about RMB 633 million) will be used for working capital and general corporate purposes, including human resources expenses and potential investments [2]. Company Overview - InnoScience, established in 2017, focuses on the research and manufacturing of third-generation semiconductor GaN chips, with a market share of 42.4% in the global GaN power semiconductor sector [2]. - The company is the first globally to achieve mass production of 8-inch silicon-based GaN wafers, significantly improving yield and reducing costs compared to 6-inch wafers [2]. Industry Outlook - The GaN power semiconductor market is expected to grow rapidly, reaching a market size of RMB 50.1 billion by 2028, accounting for 10.1% of the global power semiconductor market [3]. - GaN technology offers advantages over traditional silicon materials, making it suitable for applications in electric vehicles, data centers, and photovoltaic power stations [3].

Core Viewpoint - InnoCare (Suzhou) Technology Co., Ltd. plans to issue 20,700,000 new H-shares to enhance its financial strength and support business expansion, with a share price set at HKD 75.58, representing a discount of approximately 7.88% from the last trading price of HKD 82.05 [1][3]. Summary by Sections Share Placement Details - The placement agent aims to secure subscriptions from at least six independent professional and institutional investors [3]. - The new shares represent about 4.1% of the existing issued H-shares and approximately 2.31% of the total issued shares, with post-placement proportions of about 3.94% and 2.26% respectively [3]. Use of Proceeds - The estimated net proceeds from the placement are approximately HKD 1.55 billion, allocated as follows: - Capacity expansion and product upgrades: approximately HKD 482.26 million (31%) to meet the growing demand for GaN power devices and enhance product competitiveness [5]. - Debt repayment: approximately HKD 376.24 million (24%) to optimize capital structure and reduce financial burden [6]. - Working capital and general corporate purposes: approximately HKD 691.93 million (45%), which includes human resources expenses, payments to suppliers, and potential domestic and foreign investments [7]. Share Capital Changes - Post-placement, the company's registered capital and total shares will change to RMB 915,100,653 and 915,100,653 shares respectively [7]. - The company will apply for the listing and trading of the new shares on the Stock Exchange of Hong Kong and will comply with the filing rules of the China Securities Regulatory Commission [7].

Core Viewpoint - InnoScience (Suzhou) Technology Co., Ltd. plans to issue 20,700,000 new H-shares to enhance financial strength and support business expansion, with a share price set at HKD 75.58, representing a discount of approximately 7.88% from the last trading price [2] Financial Details - The net proceeds from the placement are expected to be approximately HKD 1.55 billion, allocated as follows: - Approximately HKD 482 million for capacity expansion and product iteration to meet the growing demand for GaN power devices [2] - Approximately HKD 376 million for debt repayment to optimize capital structure and reduce financial burden [2] - Approximately HKD 692 million for working capital and general corporate purposes, including human resources expenses and payments to suppliers [2] Share Structure - The placement shares will account for about 4.1% of the existing issued H-shares and approximately 2.31% of the total issued shares, with post-placement proportions changing to about 3.94% and 2.26% respectively [2] - The company's registered capital and total shares will be updated to RMB 915,100,653 and 915,100,653 shares respectively following the placement [2]

Core Viewpoint - InnoLux Corporation (stock code: 2577) announced a financing plan through the placement of new H-shares, aiming to raise approximately HKD 15.6 billion, with net proceeds expected to be around HKD 15.5 billion after expenses [1] Group 1: Financing Details - The company plans to issue 20,700,000 shares (approximately 2.1 million shares) at a placement price of HKD 75.58, which represents a discount of about 7.88% compared to the previous trading day's closing price of HKD 82.05 [1] - The placement price also reflects a discount of approximately 15.15% compared to the average closing price of HKD 89.08 over the past five trading days [1] - The newly issued shares will account for about 2.31% of the existing issued share capital and approximately 2.26% of the enlarged share capital upon completion [1] Group 2: Use of Proceeds - Approximately HKD 4.82 billion will be allocated for capacity expansion and product iteration upgrades [1] - Around HKD 3.76 billion is designated for repaying interest-bearing debts [1] - Approximately HKD 6.92 billion will be used for working capital and general corporate purposes [1] Group 3: Company Background - InnoLux is a company operating in the gallium nitride power device sector, with its main business activities spanning consumer electronics, automotive electronics, and data centers [1]

Market Overview - The market sentiment is cautious ahead of the holiday, leading to a decline in the Hong Kong stock market, which closed down 1.35% [1] - New tariffs announced by the U.S. on various imported products, including a 25% tariff on heavy trucks and a 100% tariff on patented and branded drugs, are expected to impact the market negatively [1] Company Performance - Pharmaceutical companies like Kelaiying and Yaojie Ankang saw their stocks drop over 7% due to the tariff news, although the impact on the pharmaceutical sector is limited as U.S. domestic companies bear the sales burden [2] - Boleton, focusing on electric heavy trucks, surged over 20% as it is not affected by the new tariffs [2] Automotive Industry - XPeng Motors announced its entry into five European markets, planning to launch new models and implementing a stock incentive plan, resulting in a stock increase of over 5% [4] - Chery Automobile is expanding its overseas market presence and has established a local development and global collaboration system, with a projected strong sales performance in various regions [4] Energy Sector - The National Energy Administration emphasizes expanding the use of green hydrogen and integrating it into various industries, which is expected to create new growth points in the renewable energy sector [5] - Wood Mackenzie forecasts that global wind power installations will exceed 170 GW annually over the next five years, with a peak of 200 GW by 2034, benefiting companies like Goldwind Technology [5] Gaming and Entertainment - The gaming sector is experiencing growth, with NetDragon leveraging AI technology to reduce costs and improve efficiency, leading to a stock increase of over 16% [6] Semiconductor Industry - The successful launch of a 12-inch silicon carbide substrate processing line marks a significant advancement for China's third-generation semiconductor industry, positioning companies like Jingrui SuperSiC as leaders in the field [7] Battery Industry - Tianneng Power's revenue for the first half of 2025 decreased by 51.53% due to rising raw material costs, but the company is refocusing on its lead-acid battery business, which holds a significant market share [8] - The lithium battery segment showed a revenue increase of 174.6%, driven by demand in the domestic and U.S. markets, indicating potential for recovery in profitability [9]