Neonode and Finetek Sign Value-Added Reseller Agreement
Neonode (NASDAQ: NEON) has announced a value-added reseller agreement with Finetek to promote and sell its sensor products in South Korea.
Sentiment and the balance of points
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Rhea-AI Summary
Neonode (NASDAQ: NEON) has announced a value-added reseller agreement with Finetek to promote and sell its sensor products in South Korea. This collaboration aims to enhance contactless touch technology in sectors like elevators and interactive kiosks, building on their prior relationship. Urban Forssell, CEO of Neonode, expressed enthusiasm for the expanded partnership, while Finetek's CEO highlighted the growing customer interest in contactless display solutions.
Positive
- New reseller agreement with Finetek could boost sales in South Korea.
- Focus on contactless touch technology aligns with market demand.
Negative
- None.
Details
News Market Reaction – NEON
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STOCKHOLM, Sweden, Nov. 5, 2020 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), is pleased to announce it has signed a value-added reseller agreement with Finetek, a global leader in the small and medium display market, to promote and sell Neonode sensor products in South Korea.
"This agreement expands our earlier relationship with Finetek, to address contactless touch opportunities in elevators and interactive kiosks. I am pleased to deepen our cooperation with Finetek," said Urban Forssell, CEO at Neonode.
Finetek CEO Kang Won-Il, said: "Finetek is a leading provider of display solutions ranging from high-tech display production equipment to electronics manufacturing services. This expansion of our Neonode product offering addresses key market verticals for contactless touch displays where we see heightened interest from customers."
For more information, please 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
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https://news.cision.com/neonode/r/neonode-and-finetek-sign-value-added-reseller-agreement,c3232074
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SOURCE Neonode
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