Biometrics industry stocks this week

As the biometrics industry continues to grow, Biometric Update is bringing a new focus to the stories around the stocks in the sector. Check in with this space each week for a rundown of the financial news and interesting ideas from the week that was. What a weird couple of weeks. Stock markets continue to hit record highs. The Dow Jones Industrial Average, the MSCI All Country World Index and the S&P 500 all continue to arc into uncharted territory.

Fingerprint Cards projects revenue range of US$100.3 – 105.3M for Q3

Fingerprint Cards AB (Fingerprints) has projected the company’s third quarter revenue to fall in the range of SEK 800 – 840 million (US$100.3 – 105.3 million), which is in line with the previous quarter. As previously communicated Fingerprints does not provide forecasts but makes it a point to disclose this information since the company considers that this level of revenues significantly differs from the expectations currently in the fingerprints market. Fingerprints is currently experiencing a cautious market, partly driven by

Fingerprint Cards joins EICC, announces new deployments

Fingerprint Cards has been accepted by the Electronic Industry Citizenship Coalition (EICC) as an affiliate member. Founded in 2004, the EICC is a nonprofit coalition of electronics, retail, auto and toy companies committed to supporting the rights and wellbeing of workers and communities affected by the global electronics supply chain. EICC members follow a common Code of Conduct and members can utilize a range of EICC training and assessment tools to support continuous improvement in the social, environmental and ethical

Fingerprint Cards sensors featured in LG X Venture and Redmi Note 5A

LG X Venture launched earlier this year featuring Fingerprint Cards‘ (Fingerprints) FPC1145 fingerprint sensor supporting FPC 360Touch, FPC OneTouch, FPC TouchNroll, FPC EvoTouch and FPC QuickTouch. Fingerprints’ FPC1035 sensor has also been deployed in the Xiaomi Redmi Note 5A Enhanced version which launched in China this week. Just last week then company appointed Thomas Rex senior VP of business line smartcards and a part of the management team.

Fingerprint Cards appoints new management team member

Fingerprint Cards has appointed Thomas Rex Senior Vice President of Business Line Smartcards and a part of Fingerprints’ management team. Rex is currently engaged in business development within smartcards and was previously the company’s head of sales for almost five years. “Thomas has been a key player in developing today’s smartphone business, so it’s natural that he now will become responsible for developing the smartcards business,” said Christian Fredrikson, CEO of Fingerprints. “This is an important growth opportunity for Fingerprints

Fingerprint Cards announces two new smartphone deployments

Fingerprint Cards announced two new smartphone deployments of its fingerprint sensors this week. The Bkav BPhone 2017 features the FPC1155 fingerprint sensor and the Sharp AQUOS S2 features the FPC1145 sensor. Each sensor supports FPC 360Touch, FPC OneTouch, FPC TouchNroll, FPC EvoTouch and FPC MoveTouch. Earlier this month, Microsoft released its Modern Keyboard with Fingerprint ID, equipped with Fingerprints Cards’ FPC1025 touch fingerprint sensor.

New deployments for Fingerprint Cards

Fingerprint Cards announced two deployments of its fingerprint sensors this week. The Kaadas K8 Push Pull door lock launched with the FPC1020 sensor. Kaadas is a smart lock brand widely used in office, hotels, hospitals, residential, apartments and banks and, according to their web site, has been named a top ten brand-name smart lock manufacturer. In July, the company was named “China’s top smart home brand” at the Smart Home Construction Fair. As well, Moto G5S and G5S Plus mobile

Microsoft releases keyboard featuring fingerprint reader for secure logins

Microsoft recently released a premium keyboard with a fingerprint reader, which is designed to help users improve security and quickly log into their accounts, according to a report by eWeek. The Microsoft Modern Keyboard with Fingerprint ID, which retails for $129.99, is equipped with Fingerprints Cards’ FPC1025 touch fingerprint sensor, making it the first keyboard to include a “hidden” fingerprint sensor in a conventional key. And while there is no sensor strip to give away its presence or impact the

Fingerprint Cards announces collaboration with module house Truly Group

Fingerprint Cards announced a new collaboration with Hong Kong-headquarted module house Truly Group. Truly also has production facilities located in Shanwei, Guangdong Province, China. “We are delighted to further strengthen our offering through this collaboration with Truly,” commented Ted Hansson, senior vice president, Business Line Mobile, at Fingerprint Cards. “Teaming up with the right, carefully selected partners and broadening our network is essential to keep growing our business.” Earlier this month Fingerprint Cards issued its Q2 2017 financial report. Some

This week in biometrics industry stocks

As the biometrics industry continues to grow Biometric Update is bringing a new focus to the stories around the stocks in the sector. Check in with this space each Friday for a rundown of the financial news and interesting ideas from the week that was. Earnings season is well underway. Across the economy companies are reporting second quarter results. Within the biometrics sector this quarter’s results were affected by Petya, the random timing of contracts in the tech sector and