$3 million for Neonode N2 reception issues

$3 million for Neonode N2 reception issues. Following the previous report about Neonode N2 Firmware Upgrade, In a recent open letter issued to shareholders, the interim CEO and chairman Per Bystedt said they’ve failed at meeting guidance and anticipated sales for this year. 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.

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