Sivers Semiconductors: Development agreement worth cSEK170m
Research Note
2022-12-05
07:00
Sivers announced its largest development agreement to date, worth cSEK170m. Majority of the revenue is expected to be earned in 2023 with volume production expected in 2024 or 2025. We are very encouraged by the announcement and adjust our estimates and fair value range.
JVK
RJ
Jesper Von Koch
Rasmus Jacobsson
Disclosures and disclaimers