JONDETECH SENSORS AB JonDeTech Sensors AB received two design wins and two initial orders from Zhuhai Yaoyang Electronic Technology Co. Ltd. ("Yoyon"), a leading Original Design Manufacturer (ODM) in the market for smart locks. These initial orders of the packaged sensor JIRS40 were delivered, and the order value of the second delivery amounted to USD 81,900, corresponding to approximately SEK 850,000.
The total order value for both orders amounted to USD 110,100, corresponding to approximately SEK 1,150,000. The parties are in discussions about additional orders for 2024. The two design wins with associated orders were related to smart locks for two Tier 1 OEMs active in the product area.
Yoyon and the OEMs are very optimistic about the collaboration and the outcome of the two initial orders. This outcome has prompted a dialogue between the parties about follow-up orders and a future distribution structure for ongoing recurring orders.
