The order relates to Acconeer's A1 radar sensor for production of customer products and is Acconeer's largest order of sensors so far. The Chinese market remains important for Acconeer, where BEYD is continuously bringing in high-volume customers, many of them in the IoT segment.
Lars Lindell, CEO Acconeer, comments: "This large order from BEYD comes as an early Christmas gift, and we are very happy to see that our efforts in China are continuing to pay off. As mentioned before, China has been a strong market for us throughout 2020, and it is where we are the least affected by Covid-19."
In addition to publicly announced orders, Acconeer continuously receives orders of smaller amounts which are not publicly announced as they are not considered to affect the share price.
For additional information, please contact:
Lars Lindell, CEO Acconeer, Phone: +46 10218 92 00, E-mail: firstname.lastname@example.org
This information is information that Acconeer AB is required to disclose by the EU Market Abuse Regulation. The information was provided by the above contact person, for publication on December 18, 2020 10.00.
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About Acconeer AB
Acconeer is a leading radar sensor company based in Lund, south Sweden, in Ideon, the country's hottest region for wireless technologies. Acconeer is developing a truly leading ultra-low power, high precision 3D sensor which will revolutionize the way that mobile devices interpret their surroundings. Acconeers ultra-low power and millimeter precision sensor will be a robust and cost-effective solution for applications ranging from virtual reality and gaming to security and robot control. Information from the sensor can also be used to identify different materials, these are just some examples of the wide range of possibilities of application areas for the sensor. Acconeer is listed on Nasdaq First North Growth Market with the ticker code ACCON, Redeye is the company's Certified Advisor (CA) and can be reached via telephone +46 (0)8 121 576 90 or via mail email@example.com. For more information: www.acconeer.com