IDEX shipping polymer fingerprint sensors to three IoT customers
IDEX ASA is shipping its polymer ‘Eagle’ fingerprint sensors to three different Internet of Things (IoT) customers.
The company says it has received repeat orders from all three customers for sensors to be integrated into different application areas including BioKey’s USB dongle, the SideTouch, as well as a door lock and an encrypted storage solution from two other Asian customers.
“I am pleased about our traction in the developing IoT segment, which is a strong validation of the Eagle off-chip sensor,” said Dr. Hemant Mardia, CEO of IDEX. “The off-chip sensor offers a strong fit for IoT applications with its compelling cost position for a larger sized sensor. The IoT orders are also confirming that our shift to a direct sales model is starting to convert into sales, and we expect the business from these three customers to continue at a steady pace throughout 2017.”
In a statement, IDEX said it is focusing on selected vertical opportunities, where its off-chip fingerprint sensor offers a strong value proposition. The off-chip sensor offers the unique combination of biometric performance from a medium sized sensor and a compelling cost point.
Earlier this month, LG launched a handset featuring IDEX’s touch fingerprint sensor Cardinal Q.