Thank you Flec I agree this is sensational derisking information as it backs up everything Coby has been telling us.
1. Confirms Coby's market observations that TSMC is now focussed on ReRam not MRam
2. Product companies are focussed on the power management application advantages using ReRam(vital for auto and a massive market opportunity which we saw coming hence temp qualification).
3. DB Hitech is also ahead of the game in this area and with qualification being imminent will get them to volume production on a similar timeline.
4. Confirms that many other fabs, IDM's and product companies will be motivated to move towards ReRam asap(as Coby has been telling us).
GLTAH DYOR
WBT Price at posting:
$1.52 Sentiment: Buy Disclosure: Held
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