The technological world in which imec and 4DS works., page-28

A HISTORICAL PERSPECTIVE ON THE COLLABORATION BETWEEN 4DS, WESTERN DIGITAL AND ITS SUBSIDIARY, HGST, AND IMEC.

"I'm not sure why so many think this is going to be an instant sale?!? Sales are long processes and require due diligence and we are still testing and collating data that forms part of that due diligence."

These are wise words from smcsson. More than due diligence is the assessing of the "present value" of the 4DS/IMEC technology to Western Digital, the proposed Kioxia/Western Digital partnership, other parties with associations with imec, such as Samsung, and others in the mammoth semiconductor/memory manufacturing industry. For any boardroom a decision to purchase of 4DS would be significant, even for the biggest of the biggest, TSMC).

It might be useful to some to consider the drawn out pathway to where the company is today by going to following ASX Announcements:-

17 December 2015

4 July 2016

1 November 2017

31 January 2019

20 June 2019

23 August 2023

I tried copy and paste but it did not work. The essence of the story is that 4DS said it was in a position to demonstrate scalability and yield of its ReRam technology and it had entered into JDA with HGST on December 2015. Renewal of the JDA with HGST was announced on 4 July 2016.

On 1 November 2017 an agreement was reached for imec and 4DS to collaborate. Shareholders were subsequently advised of an update of the imec agreement on 31 January 2019. A collaboration and patent update with imec was announced on 20 June 2019.

Four years later "the light at the end of the tunnel" announcement was made; 23 August 2023.

As a LTH I can understand the expectations generated by the words said about imec meeting by DM. Can but hope for positive developments from the meeting(s) before and/or in the Quarterly Report?
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