Overall, airbar not yet contribute to SALUTICA revenue. As the director mentioned in the interview, airbar now is not yet produced in big scale but to cater for R&D purpose
While sales of Airbar — managed by brand owner Neonode — have been limited as Neonode has capped production of its motherboard in Sweden to focus on R&D, Lim said the prevailing technology has garnered interest from the automotive industry.
“How Airbar works is coincidentally what the auto market needs,” said Lim. The technology — patented by Neonode — uses light to detect motion, unlike the current radio frequency technology used in automated doors, which is inferior in terms of accuracy.
“You can see [that] Neonode is basically refocusing on long-term benefits. Because its production line in Sweden is also used for R&D purposes, production of Airbars has been limited by that.”
The automotive companies will need to test the product, which Lim thinks will take one to two years to complete. “We have to be patient. Trust is key. When the talks bear fruits and they need the volume, that is where we, as their manufacturing partner, will come in,” he said.
Back in 2016, Lim told the daily that Neonode was talking to personal computers and laptop manufacturers to build AirBar into their new models. With Neonode’s self-imposed production limit, it will be interesting to see if the automotive venture is worth the wait.
U might say no volume but the price is unacceptable. Since January RM1.46 drop till RM0.685. I don’t see any statement or action from the BOD to convince the shareholder. The basic director share buy back also not done.
I believe the big players alrdy trash this shares n go else where. All wait n c. Wait longer bleed longer. Slow trading vol. No updates. Hopeless company.goodbye salute. All d best to d rest still holding on. Nothing but a nightmare
When you say beh khi.. suddenly boleh up wo.. this counter like banyak hantu inside. No news release but can up for no reason. Down also for no reason. Hantu punya counter
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Angelababy123
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Posted by Angelababy123 > 2018-03-12 07:50 | Report Abuse
Overall, airbar not yet contribute to SALUTICA revenue. As the director mentioned in the interview, airbar now is not yet produced in big scale but to cater for R&D purpose