This week in biometrics industry stocks

As the biometric industry continues to grow BiometricUpdate 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. This year of 2017 has been a banner one for technology stocks. Nasdaq is still trading near the record high of just a month ago. The so-called FANG stocks (Facebook, Apple, Netflix and Google) have outperformed

NEXT Biometrics to supply flexible fingerprint sensors for a governmental smartcard application

NEXT Biometrics has been chosen as the supplier of fingerprint sensors for a governmental smartcard application. Delivery of 250,000 flexible sensors is targeted to start during the second half of 2017, after the on-going ramp-up project with Innolux, NEXT’s mass production partner, has been completed. Tore Etholm Idsøe, CEO of NEXT Biometrics, said, “At the moment we cannot disclose our customer or the end user organization for this delivery. The end customer needs fully flexible sensors that operate securely and

NEXT Biometrics and Innolux invest in mass production of flexible fingerprint sensors

NEXT Biometrics and Innolux are in a hurry to get NEXT’s flexible fingerprint sensors into millions of smart cards, as the emerging details and ramifications of their recently announced investment partnership make clear. Flexible fingerprint sensors have always been the ultimate target of NEXT Biometrics, and the partnership to scale production capacity of the sensors represents a major change for a company known just a few years ago largely for Dell’s use of its sensors in laptops and tablets. The

The unique smart card market challenge and opportunity

While biometric authentication is becoming a normal part of people’s lives in the form of embedded modules and mobile devices, another mass market biometrics opportunity is currently knocking. NEXT Biometrics is pursuing the smart card market with a flexible fingerprint sensor it, along with manufacturing partner Innolux, has figured out how to mass produce inexpensively. The marketability of this kind of sensor at the current price point is shown by NEXT’s recent announcement that it has received an order for