NetworkNewsBreaks – Foresight Autonomous Holding
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Posted On: 06/28/2019 5:10:21 PM
NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Enters Multi-Phase Agreement with Chinese Tier One Automotive Supplier
Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced its entry into a multi-phase technological cooperation agreement with a Chinese Tier One supplier. Under the agreement, Foresight will develop smart mobility solutions for the Chinese automotive industry, specifically for two Chinese vehicle manufacturers (“OEMs”). “I am pleased that our technology has reached a level of maturity allowing us to engage in such agreements,” Foresight CEO Haim Siboni said in the news release. “Working closely with a Tier One supplier will allow us to gain a foothold in the large and growing Chinese market and enable us to make our advanced vision technology available to the local Chinese automotive industry. This agreement will offer us the opportunity to be part of ongoing projects and work directly with OEMs.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced its entry into a multi-phase technological cooperation agreement with a Chinese Tier One supplier. Under the agreement, Foresight will develop smart mobility solutions for the Chinese automotive industry, specifically for two Chinese vehicle manufacturers (“OEMs”). “I am pleased that our technology has reached a level of maturity allowing us to engage in such agreements,” Foresight CEO Haim Siboni said in the news release. “Working closely with a Tier One supplier will allow us to gain a foothold in the large and growing Chinese market and enable us to make our advanced vision technology available to the local Chinese automotive industry. This agreement will offer us the opportunity to be part of ongoing projects and work directly with OEMs.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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