Psyanite, you have given us some homework which is to work out...

Psyanite, you have given us some homework which is to work out the percentage of acquisitions of novel IP technologies (not limited to just semiconductors) that ended up being a financial success.

May I suggest some homework for you as well. Given the proven results from PL4 and ongoing tacit support and confidence from IMEC to deliver at 20nm with theoretical improvements in operating performance metrics. Can you list any comparative novel IP’s engaged in the memory sector that have a better potential to solve some of the biggest computing technical issues and power issues of our time? How many failed novel IP’s working proven technology have had the same desperate market need and potential for mass adoption to make financial success likely.

When looking at the likelihood of novel IP’s being successfully adopted and being a financial success you have to look at them individually in the context of market NEED, market SIZE, market AFFORDABILITY . Does the novel IP solve an issue that is critical and for which there is no other comparative solution?

if you can provide a list of better prospects I would love to read it.

The question is, what is the likelihood of a failed uptake of this technology given the market need and the likely capability of our technology ?

This is what we are betting on. We have proof of concept already with PL4 ……. confidence has been expressed as very high scaling to 20 nm ……. but we wait to see if the cells function as is ‘theoretically expected’ at that scale.
If they do, then I see no obstacles to this novel IP being successfully adopted, in the absence of any competing technology and given the cost per bit is acceptable.