Neonode Touch Sensor Modules Selected for Touchless Holographic Products by Yesar

Rhea-AI Summary

Neonode Inc. (NASDAQ: NEON) announced its touch sensor modules have been chosen by Yesar Electronics Technology for use in holographic products, specifically elevator control panels, with production ramping for thousands of units in the latter half of 2020. Yesar is also exploring additional contactless applications. Neonode's CEO Urban Forssell emphasized the growing demand for contactless technology as transformative and essential for modern products. This partnership is positioned as a significant step in enhancing user interfaces in various industries.

Positive

• Selection by Yesar Electronics for touch sensor modules in holographic products.
• Production of several thousand elevator control panels expected in H2 2020.
• Potential expansion into additional contactless applications like kiosks and gaming.

Negative

• None.

STOCKHOLM, June 22, 2020 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), is pleased to announce that its touch sensor modules have been selected by Yesar Electronics Technology (Shanghai) Co. Ltd. ("Yesar") for a range of products with holographic interfaces. Yesar is ramping production to deliver several thousand holographic elevator control panels in the second half of 2020. Additional contactless products are under development at Yesar, including kiosks and gaming applications.

Yesar CEO Darcy Shi said, "We are seeing tremendous demand for our holographic solutions in several product categories. Neonode touch sensor modules are a key component to enable these exciting futuristic products."

Urban Forssell, CEO of Neonode added, "There is a rapidly growing role for contactless technology that is both transformative and accessible. We are extremely proud that Neonode technology is a catalyst to making amazing new products possible."

For more information, please contact:

CONTACT:

Investor Relations
David Brunton
E-mail: david.brunton@neonode.com

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

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SOURCE Neonode

FAQ

What is the latest news about Neonode (NEON) regarding product partnerships?

Neonode announced that its touch sensor modules have been selected by Yesar Electronics for various holographic products, including elevator control panels.

What products are involved in Neonode's partnership with Yesar Electronics?

The partnership involves Neonode's touch sensor modules for holographic elevator control panels, with plans for kiosks and gaming applications.

When will Yesar Electronics begin production of Neonode's touch sensor modules?

Yesar Electronics is ramping production to deliver several thousand holographic elevator control panels in the second half of 2020.