FPC Receives Ramp Order of SEK 18M for FPC 1020 Touch Sensor for Tier 1 Flagship Smartphone DW
Poster: SySAdmin
Posted on May 5, 2014 at 1:14:01 AM
FPC Receives Ramp Order of SEK 18M for FPC 1020 Touch Sensor for Tier 1 Flagship Smartphone DW
GOTHENBURG, Sweden, May 5, 2014 /PRNewswire/ --
In December 2013, Fingerprint Cards (FPC) announced the first design win (DW) for its
new mobile touch sensor FPC1020 with a Global Tier 1 OEM for a flagship model with a
targeted launch date in the summer of 2014. On April 14, FPC announced an initial pre-ramp
purchase order worth SEK 4 M for the FPC 1020, for delivery in May 2014. Now, FPC has
received the first ramp order of SEK 18 M for the production ramp in May-June 2014. During
2014, FPC expects to ship +3M units for this first flagship device alone.
Johan Carlstrom, President and Chief Executive Officer of FPC, comments:
"FPC is the leading global supplier of capacitive touch fingerprint sensors and the
leading global supplier of fingerprint sensors in mobile phones and tablets. By combining
these strengths, FPC has developed the most attractive mobile touch fingerprint sensor on
the planet. It is with great pride that we announce a follow-up order for the ramp so soon
after the first purchase order for the FPC 1020 related to a smartphone and with a Global
Tier 1 player, on track for a timely launch. FPC's superior fingerprint technology, image
quality and low power consumption have distanced FPC from any competition for touch
sensors in mobile devices such as smartphones and tablets."
*FPC definition of Design Win (DW): The decision by a device vendor (OEM or ODM) to
start development of one or several commercial product(s) incorporating FPC's technology
into such new product(s).
About Fingerprint Cards AB (publ)
Fingerprint Cards AB (FPC) 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 May 05, 2014 at 08.00 am CET.
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 constituent information in accordance with the rules and
regulations prevailing in the particular jurisdiction. This press release does not
constitute an offer or an offering to acquire or subscribe for any of the company's
securities in any jurisdiction.
For more information contact:
Johan Carlstrom, CEO Fingerprint Cards AB (publ), +46(0)31-60-78-20,
investrel@fingerprints.com
Fingerprint Cards AB
GOTHENBURG, Sweden, May 5, 2014 /PRNewswire/ --
In December 2013, Fingerprint Cards (FPC) announced the first design win (DW) for its
new mobile touch sensor FPC1020 with a Global Tier 1 OEM for a flagship model with a
targeted launch date in the summer of 2014. On April 14, FPC announced an initial pre-ramp
purchase order worth SEK 4 M for the FPC 1020, for delivery in May 2014. Now, FPC has
received the first ramp order of SEK 18 M for the production ramp in May-June 2014. During
2014, FPC expects to ship +3M units for this first flagship device alone.
Johan Carlstrom, President and Chief Executive Officer of FPC, comments:
"FPC is the leading global supplier of capacitive touch fingerprint sensors and the
leading global supplier of fingerprint sensors in mobile phones and tablets. By combining
these strengths, FPC has developed the most attractive mobile touch fingerprint sensor on
the planet. It is with great pride that we announce a follow-up order for the ramp so soon
after the first purchase order for the FPC 1020 related to a smartphone and with a Global
Tier 1 player, on track for a timely launch. FPC's superior fingerprint technology, image
quality and low power consumption have distanced FPC from any competition for touch
sensors in mobile devices such as smartphones and tablets."
*FPC definition of Design Win (DW): The decision by a device vendor (OEM or ODM) to
start development of one or several commercial product(s) incorporating FPC's technology
into such new product(s).
About Fingerprint Cards AB (publ)
Fingerprint Cards AB (FPC) 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 May 05, 2014 at 08.00 am CET.
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 constituent information in accordance with the rules and
regulations prevailing in the particular jurisdiction. This press release does not
constitute an offer or an offering to acquire or subscribe for any of the company's
securities in any jurisdiction.
For more information contact:
Johan Carlstrom, CEO Fingerprint Cards AB (publ), +46(0)31-60-78-20,
investrel@fingerprints.com
Fingerprint Cards AB