Stock Track | JinkoSolar Soars 5.44% as First Solar Initiates Legal Action Over TOPCon Patent Infringement

Stock Track

26 Feb

JinkoSolar Holding Co., Ltd. (JKS) shares soared 5.44% in Wednesday's intraday trading, outperforming the broader market. This surge followed news that First Solar Inc. (FSLR) has initiated legal action against JinkoSolar for alleged infringement of First Solar's U.S. Patent No. 9,130,074, covering methods of manufacturing Tunnel Oxide Passivated Contact (TOPCon) crystalline silicon photovoltaic solar cells.

First Solar, a leading U.S.-based solar technology and manufacturing company, obtained the TOPCon patents through its acquisition of TetraSun in 2013. The company accused JinkoSolar of infringing on these patents and claimed that prior interactions with the Chinese solar firm have been unproductive, leaving no choice but to enforce its patent rights through legal action.

Investors appear to have interpreted First Solar's legal action as a potential competitive advantage for JinkoSolar in the TOPCon solar cell technology space. This could bode well for JinkoSolar's future business prospects and profitability, fueling the stock's surge during Wednesday's trading session.

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(JKS) shares soared 5.44% in Wednesday's intraday trading, outperforming the broader market. This surge followed news that First Solar Inc. (FSLR) has initiated legal action against JinkoSolar for alleged infringement of First Solar's U.S. Patent No. 9,130,074, covering methods of manufacturing Tunnel Oxide Passivated Contact (TOPCon) crystalline silicon photovoltaic solar cells.</p>\n<p>First Solar, a leading U.S.-based solar technology and manufacturing company, obtained the TOPCon patents through its acquisition of TetraSun in 2013. The company accused JinkoSolar of infringing on these patents and claimed that prior interactions with the Chinese solar firm have been unproductive, leaving no choice but to enforce its patent rights through legal action.</p>\n<p>Investors appear to have interpreted First Solar's legal action as a potential competitive advantage for JinkoSolar in the TOPCon solar cell technology space. 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(JKS) shares soared 5.44% in Wednesday's intraday trading, outperforming the broader market. This surge followed news that First Solar Inc. (FSLR) has initiated legal action against JinkoSolar for alleged infringement of First Solar's U.S. Patent No. 9,130,074, covering methods of manufacturing Tunnel Oxide Passivated Contact (TOPCon) crystalline silicon photovoltaic solar cells.</p>\n<p>First Solar, a leading U.S.-based solar technology and manufacturing company, obtained the TOPCon patents through its acquisition of TetraSun in 2013. The company accused JinkoSolar of infringing on these patents and claimed that prior interactions with the Chinese solar firm have been unproductive, leaving no choice but to enforce its patent rights through legal action.</p>\n<p>Investors appear to have interpreted First Solar's legal action as a potential competitive advantage for JinkoSolar in the TOPCon solar cell technology space. 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This surge followed news that First Solar Inc.  has initiated legal action against JinkoSolar for alleged infringement of First Solar's U.S. Patent No. 9,130,074, covering methods of manufacturing Tunnel Oxide Passivated Contact  crystalline silicon photovoltaic solar cells.First Solar, a leading U.S.-based solar technology and manufacturing company, obtained the TOPCon patents th","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"JKS":"晶科能源"},"translate_title":"First Solar就TOPCon专利侵权提起法律诉讼晶科能源股价飙升5.44%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"JKS":1},"content_text":"JinkoSolar Holding Co., Ltd. (JKS) shares soared 5.44% in Wednesday's intraday trading, outperforming the broader market. This surge followed news that First Solar Inc. (FSLR) has initiated legal action against JinkoSolar for alleged infringement of First Solar's U.S. Patent No. 9,130,074, covering methods of manufacturing Tunnel Oxide Passivated Contact (TOPCon) crystalline silicon photovoltaic solar cells.\nFirst Solar, a leading U.S.-based solar technology and manufacturing company, obtained the TOPCon patents through its acquisition of TetraSun in 2013. The company accused JinkoSolar of infringing on these patents and claimed that prior interactions with the Chinese solar firm have been unproductive, leaving no choice but to enforce its patent rights through legal action.\nInvestors appear to have interpreted First Solar's legal action as a potential competitive advantage for JinkoSolar in the TOPCon solar cell technology space. 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