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iPhone rival Neonode files for bankruptcy

Neonode Bankruptcy

Neonode today said that its core phone making division has filed for bankruptcy in its home country of Sweden. Best known for its N2 touchscreen phone, the company says it still has "great belief" in its technology but that the move is necessary to prevent the company from running out of money before it has time to grow. The parent company isn't directly affected but focuses only on developing and licensing the touchscreen technology at the root of its phones.

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Neonode launches N2 in four new colors

Nenodoe N2 new colors

Sweden-based Neonode announced on Tuesday it will add four vibrant new colors to its N2 cellular phone. Originally offered only in black, Neonode's web store now offers the quad-band GSM phone in Lime (green), Azure (blue), Rubine (red) and Roza (pink). The phone features an optical 2-inch touchscreen with a programmed Neno user interface that uses various finger sweeps across the screen as shortcuts. It is not yet available in the US, but Neonode mentions the new colors are meant to help the company bring the phone to new markets as it attempts to boost sales.

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