The patent issues between Samsung and Apple Inc. (NASDAQ:AAPL) have benefitted the leading metal alloy developer company Liquidmetal Technologies Inc (OTCMKTS:LQMT). According to reports, the stock prices of LQMT have increased as much as 29% over the past few days.
Insights On The Matter:
The company has been a focal point for investors after the speculations of Samsung’s back out from the AAPL car hit the market. More than 4 million shares have been traded within a matter of few days. The extraordinary trading results have elevated the three months daily average to 1.6 million marks. If rumors are to be believed, then LQMT is all set to deliver its services in Apple Car Project; the most awaited project of the technology giant.
According to NY Post, Steve Zadesky, Vice President, Ford, will be heading this project. He will help the dedicated team of LQMT to execute things in an effective way. The contract was signed in 2010, but the final confirmation has been given by all the parties now.
Last year, Liquidmetal Technologies Inc (OTCMKTS:LQMT) had extended its IP to AAPL for its exclusive use in the consumer electronics products category. Both LQMT and AAPL have shared a nice tuning in the past. As per the reports, they applied for 17 patents together in the past. Maximum numbers of patents i.e. 14 were filed in 2014. They are likely to take their partnership to next level with this project.
The major focus of LQMT has always focused on delivering world-class services to its customers spread across the globe. In this series, it recently announced to upgrade its Manufacturing Center of Excellence. For the same cause, LQMT is awaiting the delivery of an extra injection molding machine from Engel; one of its certified partners. With the increased capacity of manufacturing unit, Liquidmetal Technologies Inc (OTCMKTS:LQMT) hopes to fulfill the demand of its products in the best possible way.