Neonode N2 since 2004, finally caved after looking so vulnerable in late July. According to Per Bystedt, CEO and Chairman of Neonode: "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." No word of a revamped OS. No word of hardware tweaks. Nothing that sounds to us like they really want to survive in today's high-stakes handset market. At any rate, the parent company is hoping to trudge on as a technology licensing company, with or without Mr. N2.
Neonode AB, maker of the N2, files for bankruptcy
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