Next Biometrics to invest $4 m in new equipment
05 September 2016 16:07 GMT

Norwegian biometrics company Next Biometrics is investing heavily in new equipment, saying it is needed to be ready for mass production of sensors.

The fingerprint hardware company is ploughing $4 million in new coating and laser cutting tools for 2017 mass production, according to Reuters report.

A cutter will be delivered and installed in INNOLUX production facilities in Taiwan in Q1 2017, with a new coater to follow in Q2-2017.

The company expects the new tool to significantly increase total sensor coating capacity and reduce dependency on current single source coater installed at INNOLUX Source text for Eikon.

In July, Innolux, one of the world's largest manufacturers of TFT-LCD-panels and NEXT Biometrics Group, jointly announced that they are investing in establishing mass production capacity for NEXT flexible fingerprint sensor technology.

Innolux and NEXT Biometrics have worked together for many years and NEXT Biometrics is today manufacturing volumes of rigid fingerprint sensors at Innolux plants in Taiwan.

With NEXT Biometrics` recent introduction of the world's first flexible fingerprint sensor, the parties have agreed to do joint investments to enable mass production of these new sensors. NEXT Biometrics has previously communicated, a production capacity target of 2 million flexible sensors per month in 2017, growing to 10 million per month in 2018.