Profile: Neonode Inc (NEON.OQ)
Neonode Inc. (Neonode), formerly SBE, Inc., incorporated on September 4, 1997, develops and licenses user interfaces and optical infrared touch solutions. The Company operates through the touch technology licensing business segment. The Company's technology offers various features, including the ability to sense an object's size, depth, velocity, pressure and proximity to any type of surface. The Company licenses its multi-touch technology to original equipment manufacturers (OEMs) and original design manufacturers (ODMs) who incorporate it into devices that they develop, manufacture and sell. In addition, the Company develops prototype products and is engaged in product engineering design discussions with numerous global OEMs and ODMs who are in the process of qualifying its touch technology for incorporation in various products.
The Company offers a family of optical touch solutions under the brands MultiSensing and zForce. Its optical touch technology projects a plane of light beams in free air or over any flat touch surface. Its technology also sends light into a fluid or a glass to achieve a flush design without a bezel. An object touching the touch surface obstructs a portion of the projected light beams. This small variance of signal is detected with sensitive light sensors connected to its touch controllers that process the analog signals and produce touch object coordinates. Its solution provides sense enablement through touch and proximity sensing. Consumers experience its technology in products, such as laptop computers, all-in-one computers and standalone monitors running on Microsoft Windows and Google Chrome operating systems, printer products, global positioning systems (GPS) devices, e-readers, tablets, touch panels for automobiles, household appliances, mobile phones, wearable electronics, games and toys. In addition to traditional screens, its technology can make any surface, including water and air touch functional.
The Company also offers engineering consulting services to its OEM and ODM customers. Under its licensing model, its OEM and ODM customers use single optical controller chips developed in collaboration with Texas Instruments or STMicroelectronics designed specifically for its optical touch technology. The Company's NN1001, NN1002, and NN1003 controller chips have various features, including NN1001 and NN1002 have scanning speeds of approximately 1000 hertz (Hz) (latency down to over 1 millisecond); NN1002 supports power management and enables touch detection even when the device is in sleep or off mode; NN1002 and NN1003 are synchronized to touch enabled areas by using multiple chips, and NN1002 and NN1003 support simultaneous scanning.
The Company competes with Synaptics, ATMEL, Cypress, Maxim, Tyco Electronics and Touch International.
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