Sporadic commentary on the telecoms and IT market in Latvia and the Baltic States.
Showing posts with label bankuptcy. Show all posts
Showing posts with label bankuptcy. Show all posts
Friday, December 12, 2008
Swedish touchscreen phone bites the dust
Neonode, a Swedish designer of touchscreen phones (they were built in Asia, of course) has gone bankrupt. Just over a year ago, I was in Sweden and did a videoblog post about them. Too bad, it looked like a good idea, especially coming ahead of the wave of touchscreens that were launched by major manufacturers, such as Samsung and LG and, of late, even Nokia. It came just a few months after the first version of the iPhone. But lacking the market weight of either Apple or the Koreans and, given the finance markets crisis, Nenode went under. A good try...
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