NetworkNewsBreaks – Foresight Autonomous Holding
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Posted On: 09/13/2019 5:33:14 PM
NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Enters Strategic Agreement with Leading Chinese Infrared Camera Manufacturer
Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced its entry into a strategic cooperation agreement with Wuhan Guide Infrared Co. Ltd. (002414.SZ), a $2.7 billion Chinese corporation traded on the Shenzhen Stock Exchange. Under the agreement, the parties will cooperate in the development, marketing and distribution of Foresight’s QuadSight(TM) vision system while incorporating Guide Infrared’s solutions to potential customers in Greater China. “We are very excited to announce our strategic cooperation with Guide Infrared, China’s largest producer of infrared detectors,” Foresight CEO Haim Siboni said in the news release. “This collaboration will allow us to benefit from Guide Infrared’s widely deployed distribution channels and will open new markets and opportunities, making our advanced vision technology available to the local Chinese automotive industry.”
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 strategic cooperation agreement with Wuhan Guide Infrared Co. Ltd. (002414.SZ), a $2.7 billion Chinese corporation traded on the Shenzhen Stock Exchange. Under the agreement, the parties will cooperate in the development, marketing and distribution of Foresight’s QuadSight(TM) vision system while incorporating Guide Infrared’s solutions to potential customers in Greater China. “We are very excited to announce our strategic cooperation with Guide Infrared, China’s largest producer of infrared detectors,” Foresight CEO Haim Siboni said in the news release. “This collaboration will allow us to benefit from Guide Infrared’s widely deployed distribution channels and will open new markets and opportunities, making our advanced vision technology available to the local Chinese automotive industry.”
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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