Lighting IOT Chip Possibility of a Licencing Deal with Philips, page-88

Uptake has been slow? The agreement with Telink semiconductor was signed not last month but the one before. You might need to reassess your time line expectations and be a bit more realistic. Xped and Telink arnt going to sign a deal then convince a customer within a few weeks to use their new chip in the customers product. The customer has to do testing and feasibility assessments. Back n forth between engineers and management before they will hand over millions and update their product. I believe things will come to fruition shortly but I wouldn't at all say it's been "slow".