FPC Receives Ramp Order of SEK 18M for FPC 1020 Touch Sensor for Tier 1 Flagship Smartphone DW

GOTHENBURG, Sweden, May 5, 2014 /PRNewswire/ —
In December 2013, Fingerprint Cards (FPC) announced the first design win (DW) for its new mobile touch sensor FPC1020 with a Global Tier 1 OEM for a flagship model with a targeted launch date in the summer of 2014. On April 14, FPC announced an initial pre-ramp purchase order worth SEK 4 M for the FPC 1020, for delivery in May 2014. Now, FPC has received the first ramp order of SEK 18 M for the production ramp in May-June 2014. During 2014, FPC expects to ship +3M units for this first flagship device alone.

Johan Carlstrom, President and Chief Executive Officer of FPC, comments:

“FPC is the leading global supplier of capacitive touch fingerprint sensors and the leading global supplier of fingerprint sensors in mobile phones and tablets. By combining these strengths, FPC has developed the most attractive mobile touch fingerprint sensor on the planet. It is with great pride that we announce a follow-up order for the ramp so soon after the first purchase order for the FPC 1020 related to a smartphone and with a Global Tier 1 player, on track for a timely launch. FPC’s superior fingerprint technology, image quality and low power consumption have distanced FPC from any competition for touch sensors in mobile devices such as smartphones and tablets.”

*FPC definition of Design Win (DW): The decision by a device vendor (OEM or ODM) to start development of one or several commercial product(s) incorporating FPC’s technology into such new product(s).