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Thursday, December 22, 2016 2:34:58 AM
LMT does prototype work and manufactures small samples for Apple.
They get paid for that work but then the manufacturing contract goes to a company that has the financial and volume capacity that Apple requires. LMT gets nothing when another manufacture handles Apple’s orders.
But now Li has stated at the special CC that he will transfer orders to the domestic American LiquidMetal company, thats when LMT will get paid. Li owning a large % of lqmt shares will see great financial benefits from transferring orders to LMT.
For example, if Eontec is manufacturing those hinges then supplying them to Foxconn or Wistron for assembly. If Li where to transfer those orders to the soon to be opened LMT manufacturing facility in California, then his lqmt shares greatly increase in value, it would be far more profitable for himself than through Eontec, and that wealth is generated Outside of China’s strict currency controls.
It would also bring manufacturing to America which would be a great incentive for Apple, i’m sure assembly of those Airpod Cases wouldn’t be that complicated so no large increase in Labour costs.
Eontec would still make a profit from supplying LMT cheaper Zirconium BMG alloy.
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