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An update from InnoScience (Suzhou) Technology Holding Co Ltd Class H ( (HK:2577) ) is now available.
InnoScience (Suzhou) Technology Holding Co., Ltd. has formed a joint laboratory with United Automotive Electronic Systems Co., Ltd. (UAES) to advance power electronic systems for new energy vehicles using gallium nitride technology. This collaboration aims to leverage InnoScience’s expertise in GaN devices and UAES’s systems knowledge to create smaller and lighter power supplies and powertrain systems, potentially influencing the future of electric vehicle technology.
The most recent analyst rating on (HK:2577) stock is a Buy with a HK$54.34 price target. To see the full list of analyst forecasts on InnoScience (Suzhou) Technology Holding Co Ltd Class H stock, see the HK:2577 Stock Forecast page.
More about InnoScience (Suzhou) Technology Holding Co Ltd Class H
InnoScience (Suzhou) Technology Holding Co., Ltd. operates in the semiconductor industry, focusing on the development and production of gallium nitride (GaN) devices. These devices are known for their high power density, low on-resistance, and high conversion efficiency, making them suitable for advanced power electronic systems, particularly in new energy vehicles.
Average Trading Volume: 2,142,884
Technical Sentiment Signal: Hold
Find detailed analytics on 2577 stock on TipRanks’ Stock Analysis page.