FPC has earlier announced multiple mobile phone design wins. This new DW is for a Qualcomm-based Android smartphone model with a global top 10 smartphone brand (Tier 1) 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:
“The smartphone market is growing very rapidly and an estimated 860 million units will be sold globally in 2013. We are delighted to announce this new smartphone design win with a Global Top 10 player in this strategically important market segment. Due to our world-leading capacitive fingerprint technology, image quality and power consumption, FPC has to date been awarded 100% of all announced smartphone projects and design wins and has clearly established itself as the globally leading alternative for fingerprint sensors in smartphones and tablets. We expect multiple additional global design wins during the current quarter.”
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 10, 2013, at 08:00 am.
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