Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
106C was jointly developed between LQMT and YiHao Metal, not Eontech. Even if it were, what you posted in no way supports your initial statement.
Samsung patent copying Xiaomi trifold phone design.
https://www.androidheadlines.com/2019/03/xiaomi-inspired-samsung-foldable.html
Looks like Xiaomi has the best design with the trifold that is more than likely BMG hinged.
Canada, in addition to Europe is selling Huawei P30 Pro. That's good news.
https://mashable.com/article/huawei-p30-pro-canada/
Apple = Completely incompetent leadership.
No, there is just nothing being traded and nearly no real float with this stock. Which means most are holding their position, and waiting...
Maybe, we will know eventually. I am confident that BMG is being used in their camera modules at the very least.
If it were stainless midframe, you would think they would announce it like past models.
I think the April 10K from Eon will be telling.
The Pro model is 6.2" long and only 8.4mm in thickness. With nearly no bezel and glass front and back, it is hard to see this being an aluminum midframe. Stainless or BMG yes.
The regular model may be aluminum midframe, but again they listed that as "metal" which is different from past releases.
I can't find it, maybe it wasn't your post. But I recall reading a statement from Eon pertaining to a material event that may impact share price. It was during the time the share price was going crazy. And I thought it was noted for the next 10K. Can't seem to locate where I read it. I suppose we will know soon. Hopefully a contract announcement of some kind.
How do you know this? They have only announced the midframe as "metal" as far as I can find. In prior models, they told the public right away that it was aluminum alloy. So just because nothing has been announced, doesn't mean not.
Plus the fact that the Pro model has almost no bezel and is a unibody (fully sealed) points to that at least that model having a BMG midframe.
It was late February during the week the share price was spiking. I thought you had posted something from the company about the share price and that there was material information that could impact the share price that would be released in the next 10k report. Am I mistaken?
Yes Pamti is Prometal Tech.
No, they issue blogs deliberately instead of press releases as blogs only inform the followers of the company and non the general investing public.
Didn't Eon make a statement a couple months ago about material information that may substantially impact the share price? And wouldn't we expect this material information to be released in this next Eon filing?
Yes it is, but Eon will be serving tier 2 customers and their Eon's) infrastructure build up will be gradual. And may take time to get to the point of large volume mass production. If Li can land a tier 1 customer (Foxconn) then that would mean development of mass production capacity in a short time frame. And that customer would be capable of also feeding large volume auto or medical. Yihao is also building capacity for mid range customers (which could be medical or auto) to hopefully land some mid range contracts for LQMT.
Medical and auto will require mass production capabilities which is a large up front capital cost. If you were a potential customer, would you spend your own money up front or wait until the capacity is in place from CE customers and then purchase the product from those producers (likely at lower cost due to economy of scale)? Seems like a no brainer to me. Once the capacity is set up, those larger customers will come. In the meantime LF can continue to sell low volume and low dollar customers. Hopefully Yihao will have enough capacity this year to get a few mid range customers to help with revenue. But big customers ain't happening until CE gets done.
LQMT and Yihao Metal jointly developed 106C formula which Josh has posted many times here. This is outside of CIP. So it is an unknown at this time as to if/how it could be used for CE. Eventually there will need to be something released from the company (one would think) about this and any other formula LQMT developed post CIP to address the question. But we do not know at this time. Not saying yes or no about revenue, but clearly a possibility. Anyone saying definitely not to the above is incorrect as we do not know.
By the way, LQMT China is clearly advertising CE use of Liquidmetal. So take that into consideration.
https://www.tomsguide.com/us/samsung-galaxy-fold-leak,news-29748.html
Samsung messed up by making their folding phone fold inward instead of outward like Huawei's. Look for Samsung to change this design. And maybe even join the BMG hinge club.
https://arstechnica.com/gadgets/2019/03/new-huawei-phone-has-a-5x-optical-zoom-thanks-to-a-periscope-lens/
Huawei's new phone has the best camera on the market. And guess what material is being used in that camera?
Your questions have been addressed numerous times here, don't know why you keep at it. IP from CIP is clearly off the table for CE. IP outside of CIP is unknown and not off the table as far as revenue. Again, LQMT needs only approx $8M annually to get out of the read. Even a minute percentage of revenues through Eon will achieve this. You need to get this through your head or move on.
PS. Even with no Apple CE revenue, you don't think Apple's use would open the door for this company? Apple doesn't produce themselves, Foxconn would produce. Foxconn would need mass production capacity to do so. You think Foxconn would not be interested in selling BMG to other non CE customers with a cut going to LQMT? Come on man, think this through.
Josh is correct, the author of that article is incorrect in his MIM comment. There is plenty of capacity at present for volume production of MIM. Samsung may not be using BMG, but Huawei, Vivo, Oppo, Xiaomi will likely all be using BMG hinges and there certainly are going to be capacity issues meeting these demands. Not to mention that the Huawei P30 and P30 pro were just announced and the specs list the midframe as "metal" which is a bit unusual as it would usually be noted if it was aluminum alloy or stainless steel. So if Eon is producing BMG midframes for this model, that will take up a lot of capacity. But as Josh noted, this is a good problem to have.
From Credit Suisse: http://image-sensors-world.blogspot.com/2019/03/credit-suisse-on-smartphone-cis-market.html
“Apple is apparently considering larger lenses for 2020 models and SMA (Shape Memory Alloy) for OIS. We also expect 2020 models to feature Dual OIS and actuators for front-facing cameras.”
“We sense that demand is increasing for shape memory alloy (SMA) OIS over VCM-type actuators/OIS in response to the increasing size and number of lenses.”
“Pop-up selfie cameras have also begun appearing on at least one model from each manufacturer, but not so far on their mass-produced flagships."
Wow, that was fast...Eon Website just confirmed that they are supplying liquid metal for Sony’s ear buds! Now that is a major brand name!
Question:Online reports of Sony's new high-end IER-Z1R in-ear headphones are your company's liquid metal products. Is the report true?
Reply:How do you do?Thank you for your attention to the company.The report is true!The company exclusively for Sony this high-end in-ear headphones supply liquid metal shell and back cover, thank you!
Great, thank you for noting this.
Is this filing for CIP?
Specifically notes foldable electronics (phones). Interesting but likely expensive process to create this type of interleaved BMG material.
What website or model of Sony earbuds are you referring to? Their website has one pair which uses magnesium alloy.
Zirconium alloy is a very broad term that includes many materials, including liquid metal. But there is nothing on their website that I can see.
Eontec Q&A:
Question:Your company has repeatedly stated that the liquid metal frame does not affect the signal is the best choice for 5G mobile phones, the existing number of 5G mobile phones are not issued with liquid metal box, the market does not accept that the product is defective, will not just produce capacity and no three production bar, hope to truly disclose the difficulties encountered.Thanks!
Reply:How do you do?Thank you for your attention to the company.The company's liquid metal on the mobile phone has a camera module, FACE ID support, catwalk, fingerprint module support, USB decorative parts and other products for customers batch supply.The production technology and technology of the liquid metal frame are mature and are limited by the production capacity, but the company will keep up with the demand of the market and customers, and continue to develop and launch new liquid metal products.Thanks!
Yes, keep reading the entire patent. They make specific note of die casting in this patent which is not something I had noted in prior patents related to processes.
Interesting that they use the words "casting" with molds for BMG instead of injection molding. Had not seen this language in past process patents.
Xiaomi’s trifold phone to launch Q2 at a price under $1K.
I think this is going to be the phone that does the best. This
phone will have BMG hinges.
https://www.igyaan.in/177529/xiaomi-foldable-phone-price/
Also, the more I read about the details of the China US trade negotiations, the more I seeing that it very well likely is impacting further progress with our companies. I agree with Josh that we will not hear much of anything until this is settled. Thankfully it appears near resolution.
Eontec Q&A:
Question:How do you do?Excuse me:1, 5G mobile phone and foldable mobile phone will be listed in succession, the company's rotary shaft or hinge, mobile phone frame, Face ID support and other products are also faced with rare opportunities for development, the company has done adequate preparation work?2. New energy vehicles have great potential for development, light cars are also the trend of the future, Tesla has also built a factory in Shanghai, is the company ready?3, The company's new liquid metal materials in the field of robotics and intelligent manufacturing also has a broad application prospects, the company has what layout?4. How is Dongguan's government's financial support progressing?Thanks!
Reply:How do you do?Thank you for your attention to the company.With the introduction of 1-2.5 G mobile phones and foldable mobile phones, Tesla's factory in Shanghai is a good opportunity for the company's development. As a supplier of new materials, we will cooperate with every customer to develop and produce our products. Be ready to provide high-quality products and services to customers.3. The company already has robot gear washers, smartwatches and golf first-class products under development, and will continue to increase its cooperation with research institutes to gradually develop more suitable liquid metal products.4. Yian Industrial Co., Ltd., the shareholder of the company, and Dongguan Listed Dongguan Enterprise Development Investment Partnership (Limited Partnership) have signed a framework agreement on investment and financing cooperation. Please pay attention to the company announcement on the progress of the framework agreement.Thanks!
What caught my eye with this response is golf products under development. Golf is not a Chinese market, it would be predominantly US and Europe and would certainly be under the Liquidmetal trademark with revenue to LQMT US. So why did BB not make note of this in the last report? This would certainly be an excellent opportunity for mid-high volume production for their partner Yihao metal.
https://www.gizmochina.com/2019/03/14/heres-a-quick-look-at-all-the-5g-phones-coming-your-way/
List of all the 5G compatible phones coming. Quite a list.
https://www.t3.com/news/forget-the-samsung-galaxy-fold-next-foldable-device-will-be-worn-on-your-wrist
Samsung now working on their own "dragon hinge" for wrist phones.
The Huawei P30 will be a big tell for the Eon as far as mass production capacity. They are Tier 2 so if any parts would be produced by Eon. Even if only the pro model had a LM mid frame, that would be huge. Don’t expect it to be publicly announced though, even if LM is used. Thinking more the second half of the year for any substantial improved revenue stream to us. Fruit co is always the wildcard though that change things.
Recently from Eon Q&A:
Question:How do you do?Excuse me 1, Zhuzhou State-owned Assets Supervision and Administration Commission after the entry into the company has brought some new customers (such as investment in the subordinate enterprises, such as high-speed rail, aviation, military and other fields)?Another Zhuzhou Yi 'an research and development direction is what aspect?2. Does the company's 5G base station products, such as filters, heat dissipation shells, have mass production capacity to grasp and respond to the rapid growth opportunities that 5G base stations may encounter in 2019?Thanks!
Reply:How do you do?Thank you for your attention to the company.1. The company and Zhuzhou related enterprises are docking.2. The research and development direction of Zhuzhou Yi 'an is mainly aimed at the industrial demand of Zhuzhou and surrounding Changsha-Zhuzhou-Xiangtan area.3. The company has mass production capacity, we will also grasp the good opportunities of 5G development.Thanks!
“The company has mass production capacity “. That’s a good sign.
https://www.forbes.com/sites/gordonkelly/2019/03/07/apple-new-iphone-xs-max-upgrade-iphone-xr-price-design-changes/#4f7f24ba1794
Well this is interesting, Apple's 2019 iPhone is rumored to be able to work under water. How's that going to work? Can't see how that can be done without a unibody design with no ports (like that Vivo water drop design we saw a month ago).
You may recall Eon noting Tier 1, 2 & 3 customers on their website. They noted that Huawei is a Tier 2 customer. This means that Eon is producing the product for Huawei (with Eon's equipment) and selling the product directly to them. Foxconn would be a Tier 1 customer which means they would buy the machines from Eon and have their own manufacturing of the material. Eon would of course provide support. This is the "whale" customer that folks refer to as this would be for large volume long term manufacturing. So there is a distinction there between the type of customer. Eon is not large enough yet to have Foxconn as a Tier 2, and Foxconn has the size and resources to be a Tier 1 if Apple gave them the green light.
No they will not, Foxconn will be the provider of BMG for the Apple via contract with Eon (which is already in place). Foxconn could produce BMG here in the US. The question of revenue is unknown. Despite revenue or not, their use of the material would cause huge speculatory share price response. This has always been the wild card.
"For me the fact that LQMT offers no guidance of progress, no PR, no consistency of quarterly revenues, has caused me to change my strategy into buying short term position for short term gains"
And there it is, the truth finds it way out. Agenda.