Tobii announces design win with large smartphone manufacturer

Tobii has signed a development and license agreement with a large smartphone manufacturer for the development and delivery of eye tracking software for implementation in one smartphone model.The scope of delivery includes algorithms that implement a subset of Tobii’s eye tracking functionality. The agreement does not include sales of hardware components, which means that Tobii's revenue is limited to up-front fees and a royalty per unit. There are no binding volume commitments. Tobii cannot disclose the customer’s name, any information regarding potential sales volumes or planned launch