2023 IMEC COLLABORATION UPDATE
4DS Memory Limited (ASX:4DS) has provided an update on the 2023 imec collaboration extension and the planned manufacturing of the Fourth Platform Lot wafers.
4DS and imec have now finalised the terms of the 2023 collaboration extension which will now run to mid-2023.
4DS and imec have agreed to additional collaboration activities to be undertaken during the rest of 2022 and first half of 2023.
The consideration for all collaboration activities is 903k Euro. imec manufacture of Fourth Platform Lot Process optimization and short loop analysis with take place over the balance of 2022 and the first few months of 2023.
Manufacturing of the Fourth Platform Lot will commence during Q1 2023 with the delivery to 4DS expected at the end of Q2 2023.
4DS remains a highly speculative investment which is seen as a binary investment outcome of total success or failure. Long-term holders such as myself have seen the share price fluctuate between 2 cents and 25 cents during the last 5 years. A strong argument can be made for selling large portions of your holding and buying back in to take advantage of the market moods on this company.
Communication with shareholders has been a sore point for many during its listing on the ASX. Particularly about performance metrics of tested platform lots that the company believes need to be kept confidential.
Still holding as a small proportion of my portfolio here on SM and in IRL.
