QualityStocksNewsBreaks – 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…