WBT 0.43% $2.32 weebit nano ltd

Weebit - 2021and beyond, page-8312

  1. 2,200 Posts.
    lightbulb Created with Sketch. 573
    You are correct upon signing the customer pays a fee ranging from $500,000 to $2million typicaly $1million
    Per Customer Project.

    At a AGM when this was first announced Coby went to great lenghts to explain the significance if this.
    Most items today be it a phone, car, game etc. have more than one memory chip there is a fee paid for each different chip.
    An Apple phone has over 30, a car has several hundred.
    These Per Customer Project fees may surprise many.



 
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