The low-cost handset , rear camera automotive market and printer business is huge and this company seems to have penetrated in significant ways. Very good to see they are not reliant on that e-reader mkt as much. The patent stuff is also a potential revenue source.. I am new to this company but impressed with that conference call. No debt, low cash burn, good forward guidance also.
Just listened to the cc. This should be a good play for 2013 and 2014. I just bought another 5k shares in my pension plan at $3.60. The product portfolio utilizing Neon's solution is diversifying. There was a comment about using Neon's solution for back up cameras that may be required on all future cars....Did I hear that right? Presumably because of the preferred heat and cold tolerance and gloved hand functionality, Neon's solution is desirable and advantageous to capacitance technology in this space. We won't see much revenue from this source, though, for a while as it takes a long time to make changes to the manufacturing process in cars. I want to read the transcript once available as it was sometimes hard to undertand Mr. Erikkson. I believe that he commented that it is $5 cheaper per device for a feature phone manufacturer to use Neon's solution and that there were 2 billion units sold last year. (I previously found 1.6 billion feature phones sold but who's counting). This is the announcement that I am personally waiting for. GLTA
Also heard them say revenue would double in 2013 and then double again in 2014. they hire another 25 people now. Unless these guys are complete liars or the world market just collapses for them...this looks like a company with outrageous potential.