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Friday, November 13, 2015

Who is they?, this part of the discourse somewhat convinces that the identity of the Tier 1 is known as prep is underway to get them in the door. Whoever them is. Fingers crossed, it's not a bill of goods

Now the expansion of capacity I mentioned above will not handle the volumes this year once tell us they will need. But it is a needed step for our current customers and these are both display customers and development customers and it’s also needed for the HMD group. It is a first step in preparation, however for the Tier 1s demand. Improving our current efforts will allow the better design of next generation equipment for implementation with the foundry partner. With this in mind, we are discussing these markets with a number of potential partners. We are also searching for a new VP of manufacturing with a background in scaling up processes similar to our OLED display processes. We have hired a new CFO, Jeff and very happy to have him with us and he comes to us with great manufacturing experience, including scale of efforts. These efforts today are needed for our future success in AR and VR markets. And they are clearly needed for our success today and in the near-term next year.

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