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- Audio Pixels (AKP) is expecting its packaged chips to begin being delivered this week after another slight delay from an overseas vendor
- The packaged chips make up AKP’s MEMS digital speaker and are sourced from a third-party in Israel
- COVID-19 initially delayed the packaged chips from arriving in December, while logistical issues stopped the product from arriving in February
- Once Audio Pixels receives the packaged chips, it will be able to begin the production of planned demonstration systems
- Shares in AKP have dropped slightly, down 1.81 per cent to trade at $28.46
Audio Pixels (AKP) is expecting its packaged chips to begin being delivered this week after another slight delay from its overseas vendor.
The packaged chips make up of the company’s flagship MEMS digital speaker and are sourced from a third-party in Israel.
AKP was expecting the packaged chips to be delivered back in December 2020, but the COVID-19 pandemic saw that date pushed back to February.
The delivery date has now been pushed back again to sometime this week.
The company attributed this second, minor delay to “logistical complications” related to the vendor.
Once Audio Pixels receives the packaged chips, it will begin production of its planned demonstration systems.
Pleasingly, the company said it had a number of potential clients lined up for this stage of production.
“Management is very pleased to inform that we have a substantial number of very high-profile customers eagerly awaiting our out-of-cleanroom demonstration,” AKP said in a recent quarterly update.
Shares in Audio Pixels have dropped slightly following today’s news, down 1.81 per cent to trade at $28.46 at 12:47 pm AEDT.
