Fingerprint Cards: 85% of devices to be biometric in two years
13 April 2016 15:42 GMT

Fingerprint Cards predicts that 85% of smartphones will have biometric sensors by 2018.

Growth in the global smartphone market has been extremely strong but is expected to slow, while the trend in penetration of fingerprint technology is the opposite, said FPC in its annual report.

“2015 was definitely our breakthrough year, which showed the strength of our business, “ said CEO Jorgen Lantto in the report.” From a relatively cautious approach among our smartphone manufacturers during 2014, not only interest but also significant demand was awakened.”

 The firm said the operating margin for 2016 is estimated to exceed the operating margin of 37% achieved in the second half of 2015.

“FPC sees tremendous potential to capitalize on its economies of scale in applications of the company's biometric system solutions in multiple customer segments.”

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