Australia's largest stock trading and investment forum Australia's #1 stock forum

AKP

0.00%

$6.20 audio pixels holdings limited

"Since settling in Changshu, Jiangsu Province in 2021, Earth...

First 86 Last

Share
Profile

Follow
WallStChihuahua

190 Posts.

253

13/04/24

15:22

Post #: 73329840
Share

Originally posted by BobF: ↑

I think the June in question was last June. There have been many references to the 'chips' having being expected towards the end of 2023. No packaging plant -> no 'chips'. We have seen images of Danny Lewin and Yuval Cohen cutting ribbons at the opening ceremony of this packaging plant. In the recent 4C for Dec 23 this was reiterated, with chips first being expected in Q1-24. While we have gone past this timeline (again) this outcome is still only possible if EM can package the finished dies from approved wafers into chips. So again: no packaging plant -> no chips. It is feasible that the packaging could be done elsewhere, but that is not what we have been repeatedly told by AKP.

Expand

"Since settling in Changshu, Jiangsu Province in 2021, Earth Mountain (Suzhou) Microelectronics Technology has basically completed the construction of a chip packaging factory, and plans to officially start the mass production of chips in June this year. At that time, this innovative product will bring new solutions to consumer electronics, medical ultrasonic testing, industrial ultrasonic flaw detection and other fields."
Article is dated 2024-04-02 so June this year I have to assume is June 2024
Jiangsu: Cultivate new quality productivity represented by acoustic MEMS and create the future of the industry - electronic engineering album (eet-china.com)

AKP Price at posting: $6.20 Sentiment: Buy Disclosure: Held
7 Upvote

2 Great analysis

Reply