Collaboration would add high-volume, cost-optimized, worldwide GaN manufacturing for faster market deployment of energy-efficient power devices.

The three parties will collaborate on the development of next-generation advanced integrated Gallium Nitride (GaN) products.

Revenue Sustains Robust Growth, Achieving Milestone of Positive Gross Margin. Innoscience reported annual revenue of RMB 553.4 million during the period, a year-on-year increase of 43.4%.

As a global leader in GaN-on-Si technology, Innoscience has taken a pioneering role in bringing GaN into BMS applications. In 2022, through the collaboration with Oppo, Innoscience introduced 40V bi-directional VGaNTM that became the first GaN power device to be adopted in smartphones, marking a significant milestone for the industry.