Sivers IMA confirms four new design wins
Sivers IMA Holding AB (Nasdaq First North Growth Market: SIVE) today announces four new design wins with Tier 3 customers, based on design using the Sivers IMAs unique 57-71 GHz RFIC, TRX-BF01.From March to December last year Sivers IMA shipped more than thirty-five (35) evaluation kits (EVK) to customers addressing several different verticals and use cases. In the first quarter 2019 Sivers IMA had 9 design-wins in total, we are now at 16 design-wins, reaching a 20% conversion rate from EVK to design-win, after 10 months. In this early design-win development phase we estimate a limited