Costs analysis is never done with realistic numbers. They use the "what if" scenarios for raw materials and yields instead of true costing.
Ops is always hiding yields. They take failed production and make them engineering lots to improve the numbers for potential investors.
Since the original team left in the past two years, performance improvements have been negligible and can't compete with other suppliers. High CRI is nice but people don't want to pay a premium in most cases.
Has taken in at least $0.8 Billion but fancy book keeping hides the numbers. Divesting the fab from the "company" makes new investors think they're getting a deal but someone has to pay for this fab!
Move to NY is all for show and unlikely to happen. Volumes can't support even one fab at good yield. Volumes at poor yields can fill a fab but will also burn cash quickly. Catch 22. Game over.
Moving to non-GaN-on-GaN will only take us so far.
You always need to be careful to voice opinions or even ask questions!
