Fingerprints Has Received the First Volume Purchase Order for Its Optical Under-Display Solution, FPC1632, Marking the Company’s Entry Into a New Market Segment

Fingerprint Cards AB announced that it has received the first volume purchase order for the company’s optical under-display fingerprint recognition solution, FPC1632, from a major Asian smartphone OEM, following a design win in June 2022. This marks Fingerprints’ entry into an entirely new market segment. In volume terms, under-display sensors account for approximately one-third of the market for fingerprint sensors in smartphones, while capacitive sensors account for about two-thirds.

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However, the average selling price (ASP) for under-display sensors is higher, so in terms of value these two markets are more comparable in size. Fingerprints’ entry into the under-display segment thus entails a substantial expansion of the company’s addressable market. Our goal is to capture a significant share of the under-display market, while remaining a world leader in capacitive sensors.

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“I am very pleased that we are now starting to generate revenue from an entirely new product segment in our portfolio: under-display sensors. Being a long-time, well-established world leader in capacitive sensors, Fingerprints can now offer customers a comprehensive fingerprint sensor product range,” says Haiyuan Bu, President Mobile, PC & Access China at Fingerprints.

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