Weebit Nano (ASX:WBT) licensed its resistive random access memory technology to Nasdaq-listed US semiconductor supplier onsemi, according to a Thursday filing with the Australian bourse.
The agreement allows Weebit ReRAM IP to be integrated into onsemi's Treo platform, providing embedded non-volatile memory, the filing said.
The company is obligated to meet technical milestones and will receive manufacturing license fees, non-recurring engineering fees, and royalties based on production volumes as part of the deal, according to the filing.
Shares fell nearly 10% in morning trade Thursday.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。