Neonode Announces Anticipated Financial Proceeds from Patent Lawsuit Settlement
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 03 2025
0mins
Source: PRnewswire
Settlement Announcement: Neonode Inc. expects to receive approximately $15 million to $20 million from a settlement between Aequitas Sub and Samsung regarding patent infringement, despite not being a party to the lawsuit.
Background of the Lawsuit: The lawsuit, filed by Aequitas Sub against Samsung in June 2020, involved patents assigned by Neonode to Aequitas Technologies LLC, and the case was dismissed following the settlement on September 2, 2025.
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Analyst Views on NEON
About NEON
Neonode Inc. is a Sweden-based company, which provides advanced optical sensing solutions for contactless touch, touch, and gesture sensing. It also provide software solutions for scene analysis that feature advanced machine learning algorithms to detect and track persons and objects in video streams for cameras and other typ. The Company operates in three business areas: HMI Solutions, HMI Products and Remote Sensing Solutions. In HMI Solutions, Neonode offers customized optical touch and gesture control solutions for many different markets and segments. In HMI Products, the Company provides plug-and-play sensor modules that enable touch on any surface, in-air touch, and gesture control for a wide range of applications. In Remote Sensing Solutions, Neonode offers robust and cost-effective driver and cabin monitoring solutions for vehicles based on the Company’s software platform. Neonode Inc. is organized in four wholly owned subsidiaries located in Sweden, Japan, Korea and Taiwan.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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