For sure it is doing 70dB on a single demo chip. It would be an embarrassment to invite the likes of Sony, Samsung, etc to witness the live demo at anything less than this. The obvious reason they did not demo for all these years, until now, is because it was not 70dB until now. They had 60dB prior to now, so I find it difficult to go with the idea they delayed demo anyway until now, but then still only used the Beta chips for the demo.
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