OEMs vs. Partners

Aiming to become the global leader in chip-scale photonic solutions by deploying Optical Interposer technology to enable the seamless integration of electronics and photonics for a broad range of vertical market applications

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ahasja

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OEMs vs. Partners

posted on Jun 15, 2014 10:00AM

Please, can someone explain to me the difference between "partners" in the May 15 version of the 20 F filing and "OEMs" in the latest version?

May 15 20F filing:

The Company expects that the First Phase of commercialization will generate non-recurring engineering revenue with partners, foundries or both with an initial prototype device anticipated to be available by Q4 2014 into Q1 2015

June 12 20F filing:

The Company expects that the First Phase of commercialization will generate non-recurring engineering revenue with OEMs, foundries or both with an initial prototype device anticipated to be available by the end of 2014.

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