Apple Inc. (NASDAQ:AAPL) Extends Association With Liquidmetal Technologies Inc (OTCMKTS:LQMT)

Apple Inc. (NASDAQ:AAPL) extended its deal with Liquidmetal Technologies Inc (OTCMKTS:LQMT) to keep the rights of the innovative metal alloy that tech giant needs for its production processes. As per the deal, Liquidmetal provides its acquired or developed technology to a specially formulated subsidiary firm that solely licenses the technology to Apple.

The details

The initial agreement between Liquidmetal and Apple was signed on August 5, 2010 and later revised on June 15, 2012. The two companies decided to extend the deal on May 17, 2014 valid till February 5, 2015. After the recent agreement, the deal is now extended till February 5, 2016. As of now, Apple uses the metal alloy only in devices’ SIM card ejector. After the extended deal, the company may have some bigger plans for the future.

The alloy

Liquidmetal’s metal alloy is a non-crystalline and amorphous material, with some unique properties. The metal is almost 1.5 times harder compared to stainless steel and about 2.5 times stronger than titanium. These unique properties make it a perfect product to be used in electronic devices. The report indicates that Apple might be working on other internal device components and parts that can be made from bulk amorphous alloys. The tech giant already has remarkable production patents in place. The alloy has been utilized for the manufacturing of watches.

The future ahead

Going ahead, Apple may consider making casings for its products including Apple Watch, Mac and iPhones. However, these are just expectations with no official confirmation from the company. Also, a separate deal between Swatch and Liquidmetal can prove to be a obstruction for Apple for using the metal in its watches.


Liquidmetal Technologies Inc (OTCMKTS:LQMT) finished the last trading session with a loss of 6.76% after a fantastic rally in the previous session. The volume of the day at 3.7 million was more than double the daily average of 1.7 million. In general cases, this could have been taken as a signal of a failed breakout but in this particular case, this must be taken as just a part of the range bound price action. As visible from the chart attached, the stock has been trading in a horizontal range of $0.12-$0.16 for the last few days and only a resolution of this range will trigger a trending move.

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