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IDEX Secures Additional Design Win with Major Asian Mobile Customer - IDEX ASA announced an additional design win with a major Asian smartphone customer who has selected IDEX’s Cardinal touch fingerprint sensor for integration into a further mobile handset program - IDEX.no
IDEX Secures Additional Design Win with Major Asian Mobile Customer

 

NewswireToday - /newswire/ - Fornebu, Norway, 2016/10/26 - IDEX ASA announced an additional design win with a major Asian smartphone customer who has selected IDEX’s Cardinal touch fingerprint sensor for integration into a further mobile handset program - IDEX.no. OSE: IDEX

   
 
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This additional design win has been secured with the same major Asian OEM which IDEX announced multiple design wins for on August 8th this year.

“I am very pleased to secure a further design win with this major customer. We have already won multiple design wins with the OEM, and this additional program is a strong validation of our compelling value position. This handset is expected to be launched during H1 2017. We expect the first handset from this OEM with IDEX sensor to be launched later in Q4 ” says Dr. Hemant Mardia, CEO of IDEX. “The Cardinal product family is highly suitable for OEMs demanding compact and cost efficient sensors, and we are pleased to see continued strong customer momentum for this product”, he continued.

About IDEX

IDEX (idex.no) develops advanced fingerprint sensor technology and products. The technology is used in a range of biometrically enabled applications within three core markets: mobile devices, ID security and smart cards and the internet of things (IOT). IDEX addressable market represents a fast growing multi-billion unit opportunity.

IDEX’ technology includes both silicon and polymer based capacitive sensors, which means that the company can offer its partners unique solutions which are flexible and cost efficient.

IDEX ASA is a Norwegian company, founded in 1996 and listed on the Oslo stock exchange in 2010.

 
 
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Written by / Agency / Source: IDEX ASA

 
 

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IDEX Secures Additional Design Win with Major Asian Mobile Customer

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Publisher Contact: Hemant Mardia / Henrik Knudtzon - IDEX.no 
+44(0)77 8892 2171 / +4793022827 hm[.]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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