The order is for the major Asian smartphone customer which IDEX announced design wins from on August 8, 2016. The customer is launching multiple programs with fingerprint sensors that IDEX has been qualified for, and the order is for one of these programs.
“We are pleased that we are shipping initial volumes of sensors to this major customer, said Dr Hemant Mardia, CEO of IDEX. “We have very positive momentum on mobile sales with our new direct sales team and several reference customers, and expect to secure further volumes going forward.”
IDEX (idex.no) 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.