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The latest update is out from Audio Pixels Holdings Limited ( (AU:AKP) ).
Audio Pixels Holdings Limited has achieved a significant milestone in its MEMS fabrication development program, crucial for advancing its Digital Sound Reconstruction technologies into commercially mass-producible products. The first completed wafer from the program met critical electromechanical specifications, though it revealed excessive pixel damage due to a cross-material interaction. The company has addressed this issue with process adjustments, and its partner is reallocating resources to expedite further wafer production, marking progress towards commercialization.
More about Audio Pixels Holdings Limited
Audio Pixels Holdings Limited, founded in 2006, is a leader in digital loudspeaker technologies. The company specializes in using micro-electromechanical structures (MEMS) to generate sound waves directly from digital audio streams, offering a revolutionary platform for producing advanced speakers that meet high-performance and design standards for top consumer electronics manufacturers.
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$181.1M
For detailed information about AKP stock, go to TipRanks’ Stock Analysis page.