SPA 6.45% 2.9¢ spacetalk ltd

Infomark IF-W515C, page-33

  1. 1,237 Posts.
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    Tony,

    Read my post again from last night, it provides you with your answer as you have clearly gone out on some tangent and way off track.

    I will take the Apple iPhone as an example you might be able to understand. Apple do not make the iPhone (Foxconn), nor the components for it. Below is a link from their website that lists all the suppliers
    https://www.apple.com/supplier-responsibility/pdf/Apple-Supplier-List.pdf

    For example Qualcom make the chips, Cirrus Logic Audio Chip, Sony the Camera, Compass from AKM semiconductor, touchid from Xintec in Taiwan, Memory from Samsung and is branded an Apple iPhone and is assembled by Hon Hai Precision Industries, known commonly as Foxconn in Southern China. This is Apple a $800 billion dollar company where it sources the components from all over the world and has a manufacturer put it together. There is no Apple factory, Apple chip, Apple Memory etc. This is exactly the same as every single Car Manufacturer where they source the components from specialist suppliers. Take Magneti Marelli
    for instance https://www.magnetimarelli.com/company who do most of the electrics, lighting and powertrain for nearly all European manufactures.

    Spacetalk (sub $10m market cap company when the watch was released) also source many different components from many different suppliers, Infomark being one of them for the hardware ie the strap and case but that is it. The watch is manufactured in China, not Korea. They have countless other suppliers for the other parts, like the battery which I showed above. The Spacetalk watch has been in development with the likes of Infomark and others since 2014. It took 3 years of development by MGM wireless to get the product to market, read their announcement from October 10, 2017.

    Given you have never owned a Spacetalk watch, go buy one. Go buy a Infomark one and pull them apart. It is no different than you going and buying a Bentley Bentaga and realising that it has the same chassis as the Audi Q7, yet they are vastly different cars when you step inside.
 
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