Neonode And NXO Sign Value-Added Reseller Agreement
Portfolio Pulse from Benzinga Newsdesk
Neonode Inc. (NASDAQ:NEON) has entered into a strategic partnership with South Korean touch and display solution manufacturer NXO. The collaboration will integrate Neonode's Touch Sensor Modules into NXO's range of products, enhancing functionality and performance.

June 12, 2023 | 1:25 pm
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Neonode's partnership with NXO will integrate its Touch Sensor Modules into NXO's products, potentially increasing market share in AR and VR applications.
The partnership between Neonode and NXO will see the integration of Neonode's Touch Sensor Modules into NXO's range of products, which includes touch screens, digital signage, touch displays, industrial displays, interactive displays, and kiosk solutions. This collaboration will strengthen Neonode's position in Korea and provide enhanced functionality and performance for NXO's customers. The contactless and holographic touch technology supplied by Neonode is a key element in the Virtual Reality (AR) and Augmented Reality (VR) industries, which are the foundation for the 4th industry innovation for NXO. As a result, this partnership has the potential to increase market share in AR and VR applications, positively impacting Neonode's stock price in the short term.
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