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I’m a bit confused by your comment, as I suppose you know that...

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greatwuggawugga

286 Posts.

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23/05/19

17:10

Post #: 38715391
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Originally posted by Holdtight: ↑

Great post @StrongLift. Thankyou.

What did you take from this part of the response?

"One side-note – if a company wanted to build a low-end, inexpensive smart light, the most cost effective way for them to do this would be to license the LIFX technology (refer to the shareholder letter and webinar for recent commentary by me on this). Assuming a customer had the ability to manufacture a sufficiently inexpensive light bulb/fixture, licensing the LIFX technology to make it smart comes at a low-enough cost that could support the kind of price point that Wyze and IKEA sell at."

Lifx has many patents in this smart light space. They are obviously a top end product like an Audi and Porsche but do you think this means are willing to join up/ partner with VW in order to spread the risk?

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I’m a bit confused by your comment, as I suppose you know that Volkswagen owns both Audi and Porsche.

BUD Price at posting: 5.7¢ Sentiment: Hold Disclosure: Held
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I’m a bit confused by your comment, as I suppose you know that...

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