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Resonant and eMagin news +4
09:31 31-Oct-17
Resonant has issued a press
release stating that a licensee has produced a
state-of-the-art Full-Band, Band 41 Time Division Duplex (TDD)
filter that is required for all handset vendors addressing the
China market. As a reminder, China is the highest volume
smart-phone market in the world, and India recently passed America
to become #2. Resonant believes that producing a SAW filter with
such capabilities has never been done before, and they did in less
than the 12-18 months that were projected. The filter is
currently for sale, and sampling to OEMs, which is one of the
final steps towards commercial production licensing revenue for
Resonant. As such, I see this as positively material to RESN
shares, though they have not moved much in the pre-market.
By contrast, the eMagin announcement
this morning of another development licensing agreement with a
tier-one consumer electronics company, specifies that the program
would generate revenue if the customer commercializes eMagin's
technology. EMAN is up almost 5% so far, which is not surprising,
but I'm not sure it's justifiable or sustainable.