Fingerprint Cards buys wireless patents

Fingerprint Cards has just purchased ‘key wireless patents’ from an unspecified international patent holder.

Specifically, this purchase consists of more than 100 granted patents covering markets such as the U.S., Europe and Asia. According to the company, these patents are considered ‘essential’ for wireless communication.

“This purchase is part of FPC’s aggressive efforts in becoming the leading supplier of fingerprint sensors for the mobile industry,” Jӧrgen Lantto, Executive Vice President, CTO and Head of Strategy and Product Management at FPC said. “Our existing and growing IPR portfolio combined with the patent portfolio that we have purchased ensures that our IPR position equals our world-leading fingerprint sensor technology and market position.”

Reported previously, Fingerprint Cards recently issued a preliminary forecast for 2014, amid growing interest in the company following Apple’s iPhone 5S launch as well as imminent meetings with investors and analysts. FPC says it expects sales in the third quarter of 2013 will be in the range of US $4.2 to $5.14 million (SEK 27-33M). In addition, the company says it expects sales to exceed US $77.9 million (SEK 500M) in 2014.

Earlier this month, Fingerprint Cards received a significant design win from one of its existing Asian OEM customers, for a smartphone scheduled to be launched by a top US operators in the first quarter of 2014.

 

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