Thanks POETfablight. I am sure there will be those on this forum who will call this fake news...lol.
This is the reason it so important for shareholders to be aware of what it is that POET has. And I have never discussed this in the past but what is important about this deal is that DL Shanghai are going to support the fab in Singapore with investment. What should be recognized is that it is for the direct benefit of POET to allow POET to continue to use that facility. Others would have just shuttered that facility and built a new one in China. This arrangement allows for both.
But the point that I think gets lost is it is not about the physical asset. It is about the business that the optical interposer platform is going to generate and as per the Chinese rep it is the need to modernizing a workforce in china with a platform that is state of the art for sensing and data. And it is that need which should help cut through the obstacles of dealing with Chinese rules. This group that has been formed “the consortium” know how to navigate the system and get the business and that is as I understand a big reason why POET is doing this with this group. To access the giant Chinese market.
POET is a global company and they want to be a leader in optical integration. This is part of it like or not.