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Earth Mountain almost there, page-162

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    Let's not minimise EM's significance here. The CIDM model is a collaborative structure. I don't think that simply means its a bunch of independent guys in startups scattered around the city in garages (not to knock such teams - AP is one such team!). I understand it to mean it's more like a suite of complementary businesses that can collaborate and act in unison if required and agreed upon, sharing resources to minimise costs. I would be fairly confident that a FAB schedule is fixed once it is agreed on, prioritised, and set. For sure even in a dedicated FAB business there will be some juggling of agendas and priorities for customers, but so far EM has arranged for our production priority to be done in volume, not just in 1, but in 3 FABs concurrently. Where else could we go to get that done?

    From AP's 2021 Announcement:

    About Earth Mountain (Shanghai) Intelligent Technology Co., Ltd
    EarthMountain is an advanced full-service semiconductor company, focused on mass commercialization of devices and systems rooted in Micro Electrical Mechanical Systems (MEMS); supporting both domestic and international clientele, with the full complement of the services needed, to effectively, expeditiously, and successfully navigate the high rate of customization required to produce and commercialize MEMS based technologies, devices, and systems.
    Headquartered in Suzhou, China, with branches in Beijing and Shanghai, the company provides comprehensive world-class facilities and uncompromising talent and support for each of the critical stages of a product lifecycle; from product conceptualization and market validation, to research, development, prototyping (of both the product and its fabrication and assembly processes), testing, qualification, certification, as well as promotion, sales and distribution throughout Greater China.
    EarthMountain’s leadership includes prominent industry experts in a diversity of semiconductor and microelectronic engineering disciplines; originating from among others the Chinese Academy of Sciences Institute of Microelectronics, and many well-known semiconductor experts that share the vision and mission of collaboration to advance and evolve microelectronic based aspirations of the consumer, automotive, medical and home device markets.
    EarthMountain’s innovative CIDM models (Community Integrated Device Manufacturing) drive its experienced and influential leadership to coalesce untold resources in order to form an extensive diversity of affiliations; creating a cohesive monolithic ecosystem where all participants are able to derive benefit from highly advanced and advantageous relationships.
    EarthMountain’s formidable leadership, talent, capabilities, technologies, patents, products and access, continues to attract global attention, most recently receiving investment from the SEQUOIA CHINA SEED FUND, to support its growth and establish its brand as a full-service solution provider and producer of innovative ideas that are rooted in micro electrical mechanical structures. For more information, visit www.emems.com.cn/

    From statement to the April 4C:

    "... We have now been permitted to reveal that EarthMountain has been producing our wafers in three independent fabrication facilities; 2 of which are 8” fabs. EarthMountain’s rather massive investment and extensive collaboration with the company to employ 3 concurrent fabrication facilities is designed for expansion of production capacity, to create fabrication redundancy as well as to reduce production costs.
    EarthMountain recently advised that while there are certain unknowns in MEMS fabrication, their pace of progress should permit them to commence delivery of assembled and fully tested chips prior to the end of June 2023 (previously May 2023). ..."
 
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