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Audio Pixels Holdings Limited ( (AU:AKP) ) has shared an update.
Audio Pixels Holdings Limited has announced that its independent MEMS fabrication process development program has successfully established a robust, repeatable and scalable manufacturing process for its second-generation MEMS transducer arrays, overcoming previous limitations encountered with conventional foundry processes. Test results from newly delivered wafers indicate that the new process meets the strict design specifications and in some critical parameters surpasses what was previously considered achievable using standard MEMS manufacturing, confirming that commercial production of the company’s solid-state digital loudspeaker devices is now within operational reach. With the process-flow milestone achieved, the company has instructed its fabrication partner to run additional wafers through the validated process and has shifted its focus to completing complex acoustic characterisation at the wafer level, a step that requires adaptation of testing infrastructure but is not expected to reflect weaknesses in device performance, potentially paving the way for broader commercialisation and strengthening its position in the advanced audio technology market.
The most recent analyst rating on (AU:AKP) stock is a Sell with a A$6.00 price target. To see the full list of analyst forecasts on Audio Pixels Holdings Limited stock, see the AU:AKP Stock Forecast page.
More about Audio Pixels Holdings Limited
Audio Pixels Holdings Limited, through its wholly owned subsidiary Audio Pixels Limited, is an Australia-listed technology company specialising in digital loudspeaker solutions based on micro-electromechanical systems (MEMS). Founded in 2006 and listed on the ASX under the code AKP, the company has developed patented solid-state loudspeaker technology that converts digital audio streams directly into sound waves, targeting next-generation speaker applications for leading global consumer electronics manufacturers.
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$181.1M
Find detailed analytics on AKP stock on TipRanks’ Stock Analysis page.