I think the announcement was about their One-Tap feature didn't have the uptake as expected by the market which to my understanding is only part of the feature of ADRC where it's integrated physically on the chips to allow the devices to communicate to each other.
Although an "elegant" solution, it's not as flexible which the market seems to want, the other features of ADRC still provide the ability for device communications that are less "elegant" but it looks this is how the IoT market is going.
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I think the announcement was about their One-Tap feature didn't...
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