If only BrainChip had a software solution...
Software, that doesn't have any significant cost/risk involved in delivering a physical product.
Coronavirus impact on tech industry predicted in new report
https://www.theverge.com/2020/2/18/21141924/coronavirus-tech-industry-impact-report-trendforce
Coronavirus is starting to hit Big Tech’s bottom line
https://www.vox.com/recode/2020/2/20/21145803/coronavirus-impacting-big-tech-business-apple-amazon-facebook-big-tech-impacted
Supply chain disruption
"Virtually every major US tech company that builds physical products — like cellphones, computers, or video game consoles — relies on a vast Chinese workforce to manufacture products for cheaper than could be done in the US.In the past few weeks, though, that supply chain, which includes everything from raw parts to finished products, has been fundamentally disrupted."
Oh wait... https://www.brainchipinc.com/products/brainchip-studio
Hmm, let me rephrase that:
If only BrainChip had a software solution, that the market decided it was worth paying for.
BrainChip Year-End Update 2018 (January 11, 2019)
https://www.finnewsnetwork.com.au/archives/finance_news_network211744.html
- "I was disappointed as anybody about the lack of revenue in 2018. I think we just did not understand the sale cycle, the trials are there, the design ones are there. Eventually that will turn into revenue. We just really, we really missed it on the sales cycle and the process for law enforcement and homeland security or national security."
- "17 design wins is quite healthy for BrainChip Studio, it really is the flagship product that we're selling right now as many have commented in their questions. That revenue will carry us until we get Akida out in the marketplace and we start to generate revenue off of our own silicon."
BrainChip December 2018 Quarter Update Presentation (February 01, 2019)
https://www.finnewsnetwork.com.au/archives/finance_news_network221917.html
- "But well, as I've said, disappointing with respect to cash receipts, 26 active or pending trials, new trials being initiated on a regular basis gives us significant confidence that BrainChip Studio and the Accelerator, the accelerator card, I'll touch on one particular opportunity in a few minutes. It's a very good product and the latency or the time to revenue is a bit more exaggerated than we expected, but there's nothing that implies that we're losing in these trials. In fact, most of these trials are turning out to be quite successful."
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