4DS RECEIVES IMEC WAFERS
4DS Memory Limited (ASX:4DS) (4DS or the Company) today announced it has received two sets of wafers from imec.
Second Platform Lot
As previously advised during the quarter imec were finalising the production of the Second Platform Lot and 4DS is pleased to advise eighteen (18) wafers have now been received at its Fremont facilities.
Third Non-Platform Lot
The Company also took the opportunity to utilise spare capacity on imec state-of-the-art commercial production equipment to manufacture a Third Non-Platform Lot comprising of twenty-three (23) wafers. This decision was undertaken to ensure the Company continues to build an extensive data set around the process parameters for its Interface Switching ReRAM technology.
Extensive and time-consuming analysis of both sets of wafers is currently underway and 4DS will report the results of both once they have been finalised between imec and 4DS.
HGST RENEWS FOR 8TH CONSECUTIVE YEAR ....super long engagement, when's the wedding?
HGST RENEWS FOR 8TH CONSECUTIVE YEAR
4DS Memory Limited (ASX:4DS) (4DS or the Company) today announced that HGST, a subsidiary of Western Digital Corporation, requested and has now signed the 8th consecutive twelve (12) month renewal of its joint development agreement (JDA) (Agreement) with 4DS well ahead of the 30 June 2021 renewal date.
Commenting on the renewal of the JDA, Chief Executive Officer and Managing Director, Dr Guido Arnout said, “We are very pleased that Western Digital and HGST have renewed our joint development agreement following a review of our significant progress during the past twelve months. This progress includes the Second Platform Lot currently in the final fabrication stage at imec that we will receive in early June for analysis.”
Nothing much that hasn't already been reported already, although they did indicate that the second Platform lot of wafers is on track and the should be analysed by late Q2 2021.
I hold 4DS
15 April 2021
QUARTERLY ACTIVITY REPORT AND APPENDIX 4C
Highlights for the Quarter ended 31 March 2021:
There is a lot I like about 4DS. However I have some big issues with it. It’s one thing to generate Intellectual Property (IP), which is great. It’s another to convert that into meaningful income. With next to no income and burning through millions a year, 4Ds looks like it is going to be tapping the market for capital for many years.
I am reminded of Silex (SLX) that, despite being in a different sector, also pursed the pathway of IP but has failed to deliver a decade later on the commercialisation front. From its high of $12 ten years ago it now trades at $1.10 ish. 4DS also reminds me of MSB - it's essentially an IP creator. It too is down a significant amount from highs seen a decade ago at $9, now down to $2.40 depsite it's rise in the last year.
4DS traded around 60 cents when it listed a decade ago and even after the recent run-up is still floundering at 20 cents.
It’s a big if, but if 4DS manage to commercialise some aspects of its IP, this should lead to significant income. But 10 years in, it hasn’t really happened. I’d also be concerned that some of its IP may approach expiry – or become redundant - before it is commercialised.
30th US patent has been awarded and 2 further patents have been filed.
17 March 2021
4DS GRANTED 30th USA PATENT
4DS Memory Limited (ASX:4DS) (4DS) (the Company), having been advised by the Company’s USA patent attorney, is pleased to announce the granting of an additional USA patent bringing the Company’s portfolio of granted USA patents to thirty (30).
Details of the USA patent grant are as follows:
Resistive Memory Device Having An Oxide Barrier Layer - Patent No. 10,950,788.
All granted patents and applications are 100% owned by 4DS having been developed in-house and are free from any royalty and or licensing obligations.
The Company has filed an additional two (2) USA patent applications to protect its stream of internal innovations and to strengthen its intellectual property portfolio in the area of Interface Switching ReRAM for Storage Class Memory near to DRAM.
Chief Executive Officer and Managing Director Dr Guido Arnout stated “The granting of the 30th 4DS patent strengthens an already extensive portfolio of patents for Interface Switching ReRAM. These patents and additional filed applications are strategically important for the commercialisation of 4DS technology going forward.”
In what seems like an enless sea of RED's across the bulk of the ASX I cant help but watch in awe of 4Ds with its consistant returns month after month.
Todays news of the extention of its colab with imec ( link below ) in its field of nanoelectronics and digital technologies goes glove in hand with 4DS's directives. I hope to see great things as i have in the past year come from 4DS.
2021 IMEC COLLABORATION UPDATE 4DS
Memory Limited (ASX:4DS) (4DS or the Company) is pleased to provide an update on the 2021 imec collaboration extension and manufacturing of the Second Platform Lot wafers.
2021 imec collaboration extension
4DS and imec have now finalised the terms of the 2021 collaboration extension. The extension is for twelve months with an expiry date of 31 December 2021 and the terms remain confidential to both parties but are in line with the terms of the 2020 extension.
imec manufacture of Second Platform Lot
As stated in the ASX announcement dated 1 February 2021 the production of the Second Platform Lot commenced at imec in Belgium on 27 January 2021 and it continues to proceed as planned. The Company expects to analyse these wafers in Q2 of 2021 with results being available in the same quarter.
4DS’ Managing Director, Dr Guido Arnout stated that “We are pleased imec continue to believe in the potential of 4DS’s technology by their willingness to extend the collaboration for another year. We have already started the manufacture of the Second Platform Lot on imec production equipment, the same production equipment that any potential industry suitor for 4DS uses. Barring any unforeseen equipment failure, we expect to have results available in Q2 2021.”
1 February 2021
POSITIVE RESULTS FROM SECOND NON-PLATFORM LOT
On 24 June 2020, 4DS announced the results of its analysis of the Additional Wafers Lot (being the First Non-Platform Lot of 300mm wafers). The First Non-Platform Lot was fabricated with process condition contributions from Western Digital and imec.
The 24 June 2020 announcement stated “it [4DS] has measured the highest speed and endurance in the Additional Wafers Lot that have ever been recorded by the Company:
Trading Halt: The trading halt is requested to allow the Company to complete the analysis of data from the Second Non-Platform Lot wafers and provide an update on the manufacture of the Second Platform Lot wafers.
4DS has been awarded 3 more patents and now have 26 in total.
I hold 4DS
I tend to agree with ag11's valuation thesis.
4DS has quite broad patent protection in the area and very credible partners in Western Digital. They are also partnering with imec, which is more of a testing consortium, to assess the performance of the chips. Imec is the go to place in the semiconductor industry to test processes/chips in a high volume manufacturing environment in the semiconductor industry, but independent of a particular manufacturer, which definitely adds to this narrative.
These partners don't guarentee success, but certainly shows that 4DS is taking the most appropriate steps to be succesful and so far the results are positive.
Disclosure: I recently purchased a small holding