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Neonode Files for Bankruptcy

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Dec 10, 2008, 11:48 AM   by Eric M. Zeman   @phonescooper

Neonode AB, maker of the N2 handset and a wholly-owned subsidiary of Neonode Inc., has filed for bankruptcy protection in Sweden. The N2 is a small, touch-based handset for GSM networks. Neonode's CEO said, "For the past six months we have focused on turning the business around and solving the financial situation of Neonode AB. We continue to have great belief in our technology and believe we have a competitive product in the Neonode N2 but without sufficient funds we cannot continue operations." This makes the future of the N2 and any subsequent products uncertain.

more info at Geekzone »

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Comments

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This forum is closed.

kewzee

Dec 11, 2008, 3:54 PM

NOOOOOOOOOOO!

wait....whats neonode? Eh?
...
 
 
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