. In general, it normally takes three years from signing a licensing agreement with a foundry before their first
customer commences mass production. This timeframe is why Weebit has prioritised securing new agreements
with foundries and IDMs, as each such agreement triggers multiple customer opportunities and provides the
foundation for long-term royalty revenue growth.
As clear as daylight that we are going to need be patient.............more fishing is always a good way to learn patience
Ann: Weebit Nano Q2 FY24 Activities Report and Appendix 4C, page-4
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