"Xped has also been working with two of the worlds’ largest semiconductor chip manufacturers to identify potential opportunities to accelerate the commercialisation of the Xped Technology. Under the Singapore based Partnerships for Capability Transformation (PACT) initiative, one of the semiconductor companies has recently nominated that it intends to collaborate with Xped for the development and test bedding of innovative solutions and products. Both parties are working towards finalising discussions that will provide a framework for the parties to jointly assess and explore new opportunities in the IoT section. Subject to finalisation of such discussions the parties may enter an agreement to formalise their relationship moving forward, however, no such agreement has been entered at this stage."
So no announcement of chippie name just yet because there is no formal agreement yet.
RYG Price at posting:
2.9¢ Sentiment: Hold Disclosure: Held