N2’s reception issues cost Neonode $3 million |
| Published: August 1, 2008, 3:25 am |
| Tags: neonode, devices, n2 problems, n2 recall, neonode n2, neonode problems, neonode recall |
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When you have a device as small as the Neonode N2, something’s gotta give, and I guess you can’t fix everything with a firmware update. In a recent letter to shareholders, the company’s CEO and chairman Per Bystedt said they’ve failed at meeting sales expectations. The problem was that Neonode tried to reach “too many markets, too fast,” but also the N2’s “reception issues.” Ultimately, the company has lost $3 million, but asks for investors’ patience… Shareholder’s meeting is set for August 5th at 09:00 a.m. CET/12:00 a.m. PDT/03:00 a.m. EDT. Hopefully, it won’t be all about the bad news. We’re eagerly waiting for some hot phones from Neonode. Don’t disappoint us, please… [Via: Engadget Mobile] ---Related Articles at IntoMobile:Neonode N2 getting prepped for launch!Neonode N2 hits the FCCAs expected, Neonode N2 is available in new colorsNeonode N2Neonode N2 now available in Europe; US [ Full article ] |
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