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90 gram part limit makes this BMG a niche market. Keep trying...
Just IP my friend, nothing else. Don’t have any known customers, contracts, or revenue. Good try though.
"Glassimetal is a company that has it's own BMG alloys, production machines, and patented IP. And indisputably, unlike LQMT: they have products and customers."
Please provide proof of this. Other than IP portfolio, they have nothing that can be found in the public domain. No machines, no customers, no revenues. Nothing. So please enlighten me to products and customers you note.
" New reports now claim that the iPhone 12 lineup won’t be Apple’s only 5G devices in 2020, as the cellular versions of the next-gen iPad Pro tablets are also supposed to support 5G."
Can't do that with the current aluminum back...
https://www.google.com/amp/s/bgr.com/2020/02/13/iphone-12-release-date-5g-iphone-and-ipad-pro-coming-this-fall/amp/
FAKE NEWS. Anytime you read an article where the writer interjects their political opinions, just ignore it. They are just trying to trash the other party. Foxconn has already committed to this site and said they are changing from LCD TVs to 5G components. How is that BAD for us? 5G is exactly what we are looking for.
https://app.boxcn.net/s/hw3xixcjs33ph1tk6jqhrro7wk478vy9
“Casing: Glass + metal mid-frame as 5G mainstreamWe see the 5G replacement cycle as a major driver for casing demands, and we expect glass casing + metal mid-frame to become the mainstream for 5G cycle due to (1) thinner and harder design, (2) better heat dissipation performance than plastic, (3) consideration of 5G RF signal reception. The plastic casing + plastic mid-frame combination is more for the lower-end models.We estimateglass-back casing to account for 48% of global smartphone shipment in 2020 while plastic should be 39% and metal 11%in 2020E.Metal will serve as the mid-frame to support the glass-back design. Metal mid-frame ASP ranges fromUS$10-15, with US$15 more for the high-end flagship models such as Huawei Mate and P Series and Samsung S and Note series. Glass rear casing can be both 2.5 and 3D, but rear casing is slightly more expensive thanthefront cover. Glass casing ASP has trended down YoY in 2019, with high/mid-end down to US$9-10/US$6-7 from US$10-15 in 2018. For 2.5D-glass, its ASP is only one-third or halfthat of 3D glass in 2019, due tostronger competition from lower-entry barriers. As 2.5D glass has to be equipped with a metal frame, which alone can cost US$8-10, the mid-to low-end models are more likely to be equippedwith plastic casing/mid-frame (c.US$5 for plastic mid-frame) instead of adopting 2.5D glass casing. Ceramic casing ASP is US$15+, much higher than that of glass casing,leading to a lower penetration and isalso heavier than glass casing”
See figure 58 on page 24 about Apples iPhone. Note the statement in red for second half of 2020...”material change “
"Neither company seems to be making money."
https://www.zoominfo.com/c/eutectix-llc/367788647
Revenue of $10M annually. They also own Materion as well as Molycorp which has the largest rare earth mine in the US. They also own Great Western Technologies (manufacturers advanced materials).
Obviously they are making money and have money.
I don’t think Materion played nice at first with Li and Li just started to cut them out of the picture as he didn’t need them with the cheaper zirconium sponge 106C. I recall a recent Materion patent that referenced zirconium sponge. I think they finally wised up and joined in.
5.5
“Right to Purchase. Upon expiration or termination of this Agreement for any reason, Eutectix shall have the option to purchase some or all of the Licensed Equipment at fair market value, less any amounts owed to Eutectix by Liquidmetal, except the equipment listed under Section 2.1(b) above. “
Interesting claus...this seems to imply more machines are coming. And it appears they will be in a sense leased to this company and not sold to them. So Eontec subsidiary provides them additional machines which there must be a separate lease agreement for, and we earn a 6% royalty. That’s not too bad.
https://www.liquidmetal.com/wp-content/uploads/2015/12/LM105-Properties.pdf
LM105 is no longer in LQMT’s Design Guide. It used to be (see above). So are they bringing it back? And if so why? The only thing I can think of is medical. Perhaps a medical customer didn’t want the cheaper 106C and wanted the more pure 105.
106C hasn’t got full medical approval yet (only approved for short term exposure). So maybe 105 does have a place in the market.
Where is Josh? He should be able to shed some light on this.
Finally some good news. Eutectix will use Eontec’s machines and 106C. Eontec will get revenue for the machines and we get license revenue for the product . Same as Yihao. It will be interesting to see the size of this facility and how many machines they utilize this year. Hopefully we will get two revenue streams from both entities in 2020. With the fruit company being the wild card.
It has been made abundantly clear that any share transfer will ONLY occur once LQMT is profitable.
I am not aware that Huawei has sold any 5G components to any EU country at present. They just trying to get approvals at this point. They are supplying the Chinese government currently as China wants their country to be first to 5G. So I don’t see any reason for revenue, yet...
Eontec had been supplying parts to Tesla before the PLA. So that was an existing contract in place.
It has already been documented that BMG is being used in Huawei's 5G base station components. Britian is part of LQMT sales territory.
It also appears that Jong Kang's LM Holding Group, Inc. Website has been removed also. Very good news.
If you truly believe that, you would have sold as it make no sense to hold, believing that.
That's why they are one of the wealthiest companies in the world. They squeeze their suppliers and then mark up their products outrageously.
This is why Li developed the less expensive recipe for BMG and the lower cost machines. He is now cheaper than stainless and aluminum alloys. This is what prevented the materials use when we were with Engel. What prevented it last year was simply not having the infrastructure in place for the volume required and to provide multiple supplier quotes. For 2020 we should have Foxconn as the primary supplier with Yihao and Pamti (Prometal Tech) able to provide quotes, at least for smaller parts and/or volumes.
Foxconn has a contract with Eontec for about 3 years now. Foxconn has their own BMG division in China, which Eon has been working with. Plenty of time to setup a large amount of machines.
Again, find someone more accurate than him, and I will be glad to admit I'm wrong. You won't. Case is closed.
https://www.macrumors.com/2020/01/12/kuo-all-5g-iphones-on-track-to-launch-fall-2020/
https://www.macrumors.com/2019/12/11/kuo-5g-iphones-no-major-price-increase/
https://www.macrumors.com/2019/09/25/kuo-2020-iphones-to-boast-redesigned-metal-frame/
Read and learn from the most accurate Apple analyst one the planet...
No, Wisconsin may be the real US production site. Their Houston location is probably a test site.
Remember those shipments of BMG from Eontech to LQMT, that went to Houston TX? We were all trying to figure out why the raw material went there?
https://www.manta.com/c/mmgr01v/foxconn-assembly-llc
or https://www.corporationwiki.com/Texas/Houston/foxconn-assembly-llc/34960533.aspx
Foxconn has a small electronics assembly plant located in Houston. Something I just learned today after reading the news of the development of the Wisconsin plant for 5G and VR products.
I wonder where the Eontec Machines went to? They got sold according to LQMT. I doubt they were shipped back to China. Maybe they went to Houston as well. Just more dots connecting...
Eontec Q&A 1/20/20:
Question: Excuse me Dong Mi, the company has been to a number of mobile phone manufacturers, the bulk supply of liquid metal mobile phone hinges. Please reply clearly and don't equivocate. This should not involve a confidentiality agreement. Thanks!
Answer: How do you do? Thank you for your attention to the company. The company's liquid metal hinge for the market has been mass-produced folding screen phone supply. Thanks!
Confirmation a BMG mass production for hinges...
Eontec Q&A 1/19/20:
Question: Please explain the company's layout in new energy car parts, Tesla is not the company's most important customers, in addition to Tesla, there are no other well-known brand cooperation, thank you
Answer: How do you do? Thank you for your attention to the company. Tesla is one of the company's key customers of new-energy auto parts. In addition to Tesla, the company has established partnerships with many well-known customers such as BYD, Geely and GM. Thanks!
Okay, they have partnership with GM now. Will this produce revenue for LQMT? Time will tell...
https://wccftech.com/apple-iphone-12-units-ordered/
80 million 5G iPhones slated for second half of this year.
Let’s hope they have BMG midframes.
https://www.macrumors.com/2020/01/12/kuo-all-5g-iphones-on-track-to-launch-fall-2020/
Last month, reputable Apple analyst Ming-Chi Kuo said he expected four 5G-enabled iPhones to launch in the second half of 2020, including models with both sub-6GHz and mmWave support depending on the region.
Kuo said iPhone models with mmWave would be available in five markets, including the United States, Canada, Japan, Korea, and the United Kingdom, adding that Apple may disable 5G functionality in countries that do not offer 5G service or have a shallow 5G penetration rate to reduce production costs.
Kuo has now doubled down on his prediction. In a follow-up research note today, viewed by MacRumors, he said Apple is still on track to release both sub-6GHz and sub-6GHz-plus-mmWave iPhone models simultaneously in the second half of 2020, with shipments beginning in the late third quarter or early fourth quarter.
Last week, analyst Mehdi Hosseini had disagreed with Kuo's timeframe, claiming that sub-6GHz models would launch in September 2020 and mmWave models would follow in December 2020 or January 2021.
Kuo says development of 5G iPhones with both sub-6GHz and mmWave support is progressing as scheduled, however, and he has the more reputable track record as it relates to forecasting Apple's roadmap. So, as of now, it looks like the entire 5G iPhone lineup will be announced in September as usual. rack-to-launch-fall-2020/
What do you mean by "significant". I see steady revenue growth in 2020. I think it will be "significant" when a whale joins us.
Instead of silly statements, how about the fact that we have a manufacturing partner in China with up to 90 machines. Or the fact that we now have a cost effective formula that can be used for mass production and a CEO who is developing mass production. How about the fact that we are actually starting to see actual revenue growth. Or the fact the this company would be bankrupt and your investment worthless if not for Li. Are you expecting your hand to be held along the way? I hope you understand by now that the reason why they are deliberately keeping a low profile is because of Apple. Like it or not, that is the near term end game. It may or may not happen, that's the risk you take. If not, it will be a longer and slower growth process.
But your constant negativity does no good for no one.
Would be quite a scientific breakthrough if it is our Liquidmetal.
This is Foxconn.
Kangs pockets may be empty, Liquidmetal Coatings pockets are not.