Have you noticed that they did not define what they meant by "multi-billion dollar Asian OEM?"
Are they saying that this OEM has sales in the multi-billion dollar range? That it has a net worth in the multi-billion dollar range? That it's market cap is in the multi-billion dollar range? Something else
Remember back in 2000 when the company claimed it was negotiation with a double digit number of multi-billion dollar OEMs for its music player design? How many "multi-billion dollar OEMs" that produce MP3 players are there in the entire world?
Given e.Digital's penchant for embellishment, I don't put much faith in anything they state.