Lightwave Logic Inc (LWLG)

[Lightning_Rod]

A quick search on Google re Lithium niobate gives you this as a top hit:

“Lithium Niobate on Insulator (LNOI) Wafer Market Challenges
The high cost associated with the manufacturing process of LNOI wafers poses a challenge to market growth, particularly for small and medium-sized enterprises.
Supply chain disruptions and fluctuations in raw material prices affect the production of LNOI wafers, leading to potential shortages and increased production costs.
Stringent regulations regarding the use of lithium niobate and insulating materials in electronic devices may hinder market growth, necessitating compliance with environmental and safety standards.“

As I say …. You write about things and ask questions about things you do not understand.

L_R