January 5, 2016 -
Fingerprint Cards (FPC) announced that, in cooperation with other industry leaders, it has developed solutions to enable the use of FPC’s touch fingerprint sensor technology for automotive applications.
After testing and evaluation by global car manufacturers and related automotive companies in 2015, FPC’s touch fingerprint sensor module FPC1025 has been selected for further development and integration in commercial applications for the automotive industry.
FPC anticipates that public demonstrations will be conducted embedding FPC’s touch fingerprint sensor technology in automotive applications this year, and that commercial launches will take place after 2016.
“FPC has established a position as the industry leading supplier of fingerprint sensor technology for the smartphone industry,” commented Jörgen Lantto, CEO of FPC. “We are now investing in adapting our leading technology for other market segments, such as smart cards as previously communicated, where our ambition is to extend our leadership to these new market segments.”
He continued, “Based on today’s announcement, we highlight automotive as another market segment where FPC’s technology is well suited. We are looking forward to seeing demonstrations of our technology in automotive applications during 2016 together with world-leaders in automotive.”
Just last month, Fingerprint Cards reported in its investor update that its revenue guidance for 2016 is approximately 6,500-8,500 MSEK ($768 million-$1 billion).