IDEX enters into distribution agreement with Comtech
Fingerprint solutions developer IDEX has entered into a distribution agreement with Comtech, one of the largest providers of electronic components and solutions in China.
This agreement will see Comtech, which has placed its first orders for IDEX fingerprint sensors, serve as an additional distribution channel for IDEX in China.
“The Chinese market for fingerprint sensors is large and growing,” explained Dr. Hemant Mardia, IDEX CEO. “This partnership ensures that we have sufficient presence and logistical capacity in this important market, as well as enabling our direct sales team in China to be even more efficient in fulfilling customer orders.”
“We are very pleased to partner with IDEX in China,” said Jeffrey Kang, chairman and CEO at Comtech. “The demand for fingerprint sensors is growing significantly and expanding from smartphones to other market segments such as IoT and smart cards. IDEX’s unique silicon and off-chip sensing solutions will have a lot of potential in this market.”
Earlier this month, IDEX selected Paragon Technical to serve as the company’s sales representative in Northern California and Northern Nevada.