How open-source ecosystems drove optical module leader into HKEX's largest-ever IPO

The most valuable insight from this article is: While the surging market cap of Zhongji Innolight and the HKEX's largest-ever IPO appear to be a capital feast on the surface, the underlying driver is the success of standardization and open-source collaboration in the optical module industry. Open governance within tech communities is reshaping the competitive landscape of the semiconductor manufacturing supply chain.