[Featured Stock] HPSP Surges Over 12% Following Patent Lawsuit Victory

HPSP is soaring on news of a patent lawsuit victory.

As of 9:25 a.m. on the 1st, HPSP is trading at 34,550 won, up 3,800 won (12.36%) from the previous day.

The Patent Trial and Appeal Board announced the results of the trial on the patent invalidation claim filed by YesT against HPSP the previous day. The Board ruled in favor of HPSP and dismissed all three requests for declaratory judgments on the scope of passive rights filed by YesT.

Researcher Ryu Hyung-geun of Samsung Securities said, "Since a competitor filed an invalidation trial with the Patent Trial and Appeal Board against HPSP, concerns about possible defeat have been a major risk, and there have been frequent periods of increased stock price volatility due to related noise." He added, "With this decision, the optimal scenario for HPSP has been realized, and the sustainability of its monopoly will be further strengthened." Samsung Securities raised the target price from 40,000 won to 47,000 won, considering the increased sustainability of the monopoly. Researcher Ryu said, "The tangled threads have begun to unravel, and now is a good time to boldly approach the reduced risks."