The collaboration will further strengthen Fingerprints’ position as Biel Crystal (bielcrystal.com) is the industry leader of cover glass in various industries, including mobile phones and tablets. Hong Kong based Biel Crystal has manufacturing facilities in Shenzhen and Huizhou.
“We are continuously developing our business on this rapidly moving market. Teaming up with the right, carefully selected partners and broadening our network is essential to grow our business and maintain a competitive offering”, said Ted Hansson, Senior Vice President, Business Line Mobile, at Fingerprints.
“We’re delighted to collaborate with Biel Crystal as their extensive experience and strong technology know-how is a very good fit for us, which will benefit Fingerprints on its continued journey”, concluded Ted Hansson.
The collaboration between Fingerprints and Biel Crystal is valid as from June 2017. In total, Fingerprints now collaborates with more than 11 module houses, of which the majority are based in Greater China.
Ted Hansson, Senior Vice President Business Line Mobile at Fingerprint Cards
Investor Relations, Fingerprint Cards AB (publ)
T: +46(0)10-172 00 10 - E: investrel[.]fingerprints.com.
About Fingerprint Cards AB (Fingerprints)
Fingerprint Cards AB, Fingerprints, with its Swedish roots, is the leading global biometrics company, whose mission is to spearhead the development of biometric interaction that facilitates the convenience and integrity of the individual. Its value is proven daily by users in millions of devices, through billions of touches, who are their own key quite simply, with a human touch. Fingerprints develops biometric systems comprising sensors, algorithms, software and packaging technologies. The success is based on product development at the cutting edge of technology, which results in world-leading products in terms of security, convenience and performance. The current product range consists largely of fingerprint sensors and customers are primarily manufacturers of smartphones and tablets, where the company is market leading. As the use of biometric solutions increases, Fingerprints is working to broaden its offering by using different biometric techniques, or modalities, and to identify other market segments where the solutions can be used, such as smart cards, PCs, automotive and online devices (IoT). The Fingerprints share is listed on Nasdaq Stockholm (FING B). The company has shown strong growth and sales totaled SEK 6,638 M in 2016, with an operating margin of 39 percent. Most of the more than 400 employees work in Sweden, but the company has offices worldwide, from Shanghai to Silicon Valley.
This is information that Fingerprint Cards AB is obliged to make public pursuant to the Swedish Securities Market Act and/or the Swedish Financial Trading Act. The information was submitted for publication, through the contact person set out above, on June 13, 2017, at 08:00 CEST.
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