Handset manufacturer Neonode AB files for bankruptcy

Neonode N2

The bad news in the mobile handset world continues to roll in. Earlier this week, Neonode AB, the Swedish company behind the Neonode N2 touchscreen mobile phone, announced that it was filing for bankruptcy. The company was a wholly-owned subsidiary of Neonode Inc and focused on the development and sales of touchscreen mobile phones since 2004.

Neonode Inc is looking to continue operations as a technology licensing company. It will continue to develop and market its patented touchscreen technology (called zForce) to third parties.

Source: Geekzone

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