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Fingerprint Cards (FPC) has earlier announced multiple mobile phone DWs in China and Japan and in an additional third Asian country. This new DW for a Qualcomm-based Android smartphone model from a Top 3 Chinese smartphone brand is scheduled to be launched in the second half of 2013. Due to the prevailing competitive situation, the mobile phone manufacturer wants to remain anonymous until further notice.
Johan Carlström, President and Chief Executive Officer of FPC, comments:
“China is the world’s largest market for smartphones, with a forecast sales volume of 430 million units in 2013. Chinese brands already account for a market share of more than 50%. We are delighted to announce this new smartphone design win from a Top 3 Chinese player in this strategically vital market. Due to our world-leading capacitive fingerprint technology, image quality and power consumption, FPC is now established as the leading alternative for fingerprint sensors in smartphones and tablets, winning 100% of all awarded DW for smartphones and tablets to date (outside Apple). We expect multiple additional design wins in China, in other parts of Asia as well as in North America in the coming months.”
About Fingerprint Cards AB (publ) (FPC)
Fingerprint Cards AB (fingerprints.com) markets, develops and produces biometric components and technologies that through the analysis and matching of an individual’s unique fingerprint verify the person’s identity. The technology consists of biometric sensors, processors, algorithms and modules that can be used separately or in combination with each other. The competitive advantages offered by the FPC’s technology include unique image quality, extreme robustness, low power consumption and complete biometric systems. With these advantages and the ability to achieve extremely low manufacturing costs, the technology can be implemented in volume products such as smart cards and mobile phones, where extremely rigorous demands are placed on such characteristics. The company’s technology can also be used in IT and Internet security, access control, etc.
Fingerprint Cards AB (publ) discloses this information pursuant to the Swedish Securities Market Act (2007:528) and the Swedish Financial Instruments Trading Act (1991:980). The information was issued for publication on April 09 at 08:00 am.
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