4DS Memory Ltd. (AU:4DS) has released an update.
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4DS Memory Ltd. is advancing its strategic and technical efforts, with the appointment of Peter Himes as Chief Strategic Officer and progress on their 60nm and 20nm memory cell platforms, with deliveries expected in late 2024. The company has sustained its partnership with HGST for an 11th consecutive year and is actively engaging with the AI and semiconductor communities through conferences and a new membership with the Edge AI and Vision Alliance. Despite strategic investments, the company’s cash reserves have decreased slightly from the previous quarter.
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