You probably know that most of their NRE costs are 3rd party costs, which they have to pay before they will have any ASICs in their hands.
Correct me if I'm wrong, but they can only refund customers with money they still have, can't they?
HyperMega;
You know any 28NM foundries that let you book space or will even give you a QUOTE on a wafer run before you design is complete and submitted to them? Any idea on the advance notice you need right now to get a 28nm lot done? Money in June to get through vetting process, then they would sign an NDA and start designing, then submittal, then quote, then booking, then wafers, then chips, then..........How many days between June 15 and end of September (math was never my thing)?
This could be a record.
Except that they were plugged into Orsoc's existing relationships with fabs, not starting from scratch like other companies. So... not.