You have to maintain a good sense of humour in this game.
This is either extraordinarily good or extremely bad.
The lack of details is the obvious bear case.
But the bullish view is exciting.Du Haijiang got wind of Audio Pixels while working with "Israeli high-tech enterprises for more than 20 years". She came back to China and started this EM division to produce AP chips as they want to dominate the MEMS market. She's managed to get $88m from the government to start the project, and maybe more significantly, she's got seed funding from Sequoia Capital (Alibaba, JD.com, Didi etc).
Could Sequoia be bankrolling the manufacture of a brand new packaging plant for Audio Pixels products?
I've just emailed Danny asking if he would mind doing an investor presentation - you gotta ask!
Good luck all.
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