During the corresponding time, Neonode Inc saw a revenue deteriorated by -20.37 % year on year, sequentially revenue fell by -22.31 %. While revenue at the Neonode Inc 's corporate clients
Neonode Inc's Comment on Sales, Marketing and Customers
The company primarily serves the automotive market by licensing its MultiSensing and zForce technologies to Original Equipment Manufacturers (OEMs), Original Design Manufacturers (ODMs), and automotive Tier 1 suppliers. Since 2010, these licensing customers have sold over 95 million products incorporating the company's technology. Its customer base is mainly concentrated in the automotive and printer segments, with nine licensing customers currently shipping products that embed the technology. The company also supports customers in office equipment, industrial automation, medical, military, and avionics markets. Additionally, it provides non-recurring engineering services to assist with application development and product manufacturing for its licensing customers. The company has transitioned the zForce platform into maintenance mode and phased out its touch sensor module product business to focus exclusively on licensing.
Neonode Inc’s Comment on Sales, Marketing and Customers
The company primarily serves the automotive market by licensing its MultiSensing and zForce technologies to Original Equipment Manufacturers (OEMs), Original Design Manufacturers (ODMs), and automotive Tier 1 suppliers. Since 2010, these licensing customers have sold over 95 million products incorporating the company's technology. Its customer base is mainly concentrated in the automotive and printer segments, with nine licensing customers currently shipping products that embed the technology. The company also supports customers in office equipment, industrial automation, medical, military, and avionics markets. Additionally, it provides non-recurring engineering services to assist with application development and product manufacturing for its licensing customers. The company has transitioned the zForce platform into maintenance mode and phased out its touch sensor module product business to focus exclusively on licensing.
Sources:
Neonode Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Neonode Inc’s corporate clients.
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