Brief: Neonode Inc Will Phase Out Touch Sensor Module Product Business Through Licensing Of TSM Technology

Neonode

12/12/2023 14:43

Dec 12 (Reuters) - Neonode Inc  NEON.O :
    * NEONODE INC - WILL PHASE OUT TOUCH SENSOR MODULE PRODUCT
BUSINESS THROUGH LICENSING OF TSM TECHNOLOGY TO STRATEGIC
PARTNERS OR OUTSOURCING
    * NEONODE INC - NEW STRATEGY WITH FOCUS ON ITS LICENSING
BUSINESS
    * NEONODE INC - NEW STRATEGY WILL LEAD TO SOME REDUCTIONS IN
WORKFORCE
    * NEONODE INC - REDUCTIONS IN WORKFORCE MAINLY WILL AFFECT
CONSULTANTS AND PERSONNEL IN SWEDEN AND INVOLVES CUSTOMARY UNION
NEGOTIATIONS

Source text for Eikon:  ID:nPnbFnNFMa 
Further company coverage:  NEON.O 

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