STOCK TITAN

Neonode-Powered Smart Luggage Carrier by Shanghai Yihang Internet Technology Deployed at Beijing Daxing International Airport

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Neonode Inc. (NASDAQ: NEON) announces that Shanghai Yihang Internet Technology (SYIT) will deploy its smart luggage carrier, uGO, at Beijing Daxing International Airport. The uGO trolley features Neonode's touch sensor modules, offering passengers real-time information in their language. Initial deployment began in August 2021, with plans to expand to other airports in China by Q4 2021. Urban Forssell, CEO of Neonode, expressed optimism for market adoption in the airport sector, highlighting the strong demand for contactless solutions.

Positive
  • Deployment of smart luggage carrier uGO at Beijing Daxing International Airport strengthens Neonode's market presence.
  • Neonode's touch sensor modules enhance the functionality of SYIT's uGO trolley, boosting demand for contactless solutions.
Negative
  • None.

STOCKHOLM, Sept. 20, 2021 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), is pleased to announce that Shanghai Yihang Internet Technology ("SYIT"), a Neonode customer in China, has been selected by Beijing Daxing International Airport to deploy their smart luggage carrier featuring Neonode touch sensor modules.  

The smart airport trolley developed by SYIT, called uGO, is a portable luggage carrier that is equipped with a touchscreen display to guide, inform, and entertain passengers with real-time departure and airport information in their native language. The uGO trolley is made for demanding public environments where durability, image quality and power consumption are key. The responsive touch screen display unit is powered by Neonode touch sensor modules. In August 2021, uGO started to be deployed at Beijing Daxing International Airport and the rollout will continue at other Chinese airports during Q4, 2021.

"I am happy to have SYIT as a customer and look forward to the market adoption of their competitive product offering as a great addition to our already strong presence of contactless touch solutions in the airport domain," said Urban Forssell, CEO of Neonode

Tyler Jin, CEO of SYIT, said: "We are impressed by the versatility and performance of the Neonode products and found it a perfect fit for the uGO airport trolleys. We are now eager to accelerate the rollout at airports."

For more information, please contact:

CONTACT:
Investor Relations
David Brunton
E-mail: david.brunton@neonode.com
Phone: +1 925 768 0620 
Chief Executive Officer

Urban Forssell
E-mail: urban.forssell@neonode.com 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/neonode/r/neonode-powered-smart-luggage-carrier-by-shanghai-yihang-internet-technology-deployed-at-beijing-dax,c3417966

The following files are available for download:

https://mb.cision.com/Main/17297/3417966/1470378.pdf

Neonode-Powered Smart Luggage Carrier by Shanghai Yihang Internet Technology Deployed at Beijing Daxing International Airport

Cision View original content:https://www.prnewswire.com/news-releases/neonode-powered-smart-luggage-carrier-by-shanghai-yihang-internet-technology-deployed-at-beijing-daxing-international-airport-301380453.html

SOURCE Neonode

FAQ

What is the significance of NEON's partnership with SYIT?

The partnership allows Neonode to enhance its market presence in China's airport sector by deploying its technology in SYIT's smart luggage carrier uGO.

When will the uGO trolley be deployed at other airports?

The rollout of the uGO trolley is expected to continue at other Chinese airports during Q4 2021.

What features does the uGO smart luggage carrier offer?

The uGO trolley includes a touchscreen display that provides real-time departure and airport information in passengers' native languages.

What is NEON's stock symbol?

Neonode is traded under the stock symbol NEON on NASDAQ.

Who is the CEO of Neonode?

Urban Forssell is the CEO of Neonode Inc.

Neonode Inc.

NASDAQ:NEON

NEON Rankings

NEON Latest News

NEON Stock Data

104.39M
11.41M
32.01%
5.01%
4.81%
Electronic Components
Electronic Components, Nec
Link
United States of America
STOCKHOLM