Ann: Q2FY19 Activities Update and Appendix 4C, page-24

WBT following the money trail is a great strategy.  Every decision the Board has made in terms of its collaborations and partnerships has been highly strategic in my opinion.  The Chinese government throwing $$$$billions of dollars like confetti to win the AI race as per article below.  The US will sooner or later have to throw $$$$billions into the industry to catch up to beat China's head start in the AI race. 

All the while WBT continues working hard behind the scenes to position ourselves for the greatest return on investment - dangling a sweet carrot under the major players' nose.  Just a matter of time before one or more of them bite and we will be laughing all the way to the bank  Need another beer. Cheers to the WBTers on here!

"The Chinese semiconductor industry is growing faster than the rest of the world with revenues expected to reach almost US$129 billion by 2020 – nearly a third of global revenue. The Chinese government recently allocated a 300B Yuan (US$47.4 billion) fund for development of China's semiconductor industry."

"This makes China a prime target for semiconductor providers such as Weebit Nano."

Coby Hanoch, CEO of Weebit Nano, said: “The Chinese market has become very important in the strategic plans of semiconductor companies and represents huge potential for Weebit Nano. Jackson has a very deep understanding of the dynamics of this market. His broad experience in helping Israeli companies grow in the Chinese market and connecting them to local investors, is extremely valuable to us.”

https://www.cso.com.au/mediareleases/33393/weebit-nano-appoints-semiconductor-veteran-for/