RE:RE:New Press Release - POET's JV, Super Photonics Xiamen, Expands Production Capacity to Support Customer DemandWhole bunch of Nothing,,Seems like they are kicking the can down the road into 2024..just more uncertainty as they have nothing positive to announce,
HOW MUCH ARE THESE ORDERS???
When do they expect to be in a position to Ship and how Much$$$$ “SPX has received purchase orders from customers, and we are excited about the strong demand for the POET engines in 2024 and beyond. Our team has placed orders for additional precision die bonders, testers and additional equipment that will expand production capacity to fulfill the customer orders on hand and expected in the near future,” said Xiaozhong Zheng, CEO of SPX. “Our team is working to improve production efficiencies that will expand capacity well beyond what the equipment itself will provide.”