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Written by / Agency / Source: IDEX ASA
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IDEX Secures Cardinal Sensor Design Win for Chinese Mobile Customer - IDEX ASA today announced that a Chinese smartphone customer has selected IDEX’s Cardinal touch fingerprint sensor for integration into a mobile handset. The handset is expected to be in mass production in H1 2017
IDEX Secures Cardinal Sensor Design Win for Chinese Mobile Customer

 

NewswireToday - /newswire/ - Fornebu, Norway, 2016/10/03 - IDEX ASA today announced that a Chinese smartphone customer has selected IDEX’s Cardinal touch fingerprint sensor for integration into a mobile handset. The handset is expected to be in mass production in H1 2017. OSE: IDEX

   
 
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“ I’m very pleased that IDEX has secured a key design win in China. The customer is a Chinese vendor with a significant volume of handset shipments. This design win is a result of our move to a direct sales model with a strong drive into the China market and the momentum from our previous mobile design wins,” says Yang Chiah Yee, SVP Worldwide sales.

About IDEX

IDEX has developed the world’s most advanced fingerprint imaging, recognition and authentication technology. IDEX’s innovative Intellectual Property (IP) is protected by a comprehensive portfolio of 45 granted and pending patent families, which continues to grow through ongoing innovation.

The IDEX business model is based on designing innovative fingerprint sensor IP and products. IDEX sells sensors or its IP to global original equipment manufacturers (OEMs) partners. These partners utilise IDEX IP in a range of biometrically enabled products. IDEX’s addressable market represents a multi-billion unit opportunity, centred on three core markets:

· Mobile devices;
· ID security and smart cards;
· The Internet of Things.

IDEX has an exciting and competitive product road map including fingerprint sensors with disruptive cost positions, and a unique in-glass solution. The Company is currently commercialising these products and has announced a number of important OEM partnerships, design wins, and is one of a few vendors with sensors integrated into a tier-one mobile handset.

IDEX ASA (ticker IDEX) is a Norwegian public company, founded in 1996, and its shares are listed on the Oslo Børs (Oslo stock exchange).

 
 
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Written by / Agency / Source: IDEX ASA

 
 

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IDEX Secures Cardinal Sensor Design Win for Chinese Mobile Customer

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Publisher Contact: Hemant Mardia / Henrik Knudtzon - IDEX.no 
+44(0)77 8892 2171 / +4793022827 henrik.knudtzon[.]idex.no / hk[.]idex.no
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any IDEX ASA securities in any jurisdiction including any other companies listed or named in this release.

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