By utilizing the unique properties of biometrics, Fingerprints’ solutions create an easier and more secure life. The value contribution is based on a sensitivity to the need of the market, employees with expertise, financial capital and good relations
Leader in biometric technology and solutions
A secure and seamless universe, where you are the key to everything.
To provide safe and convenient identification and authentication with
a human touch.
Fingerprints develops and sells biometric solutions to companies globally which develop products and services interfacing with people.
Smart Brave Open United
In view of the cost-cutting program initiated by the company and the changed market conditions for capacitive sensors for smartphones, the company, as previously communicated, needs to review the long-term financial objectives communicated in the year-end report for 2016. The company intends to adapt the financial objectives to the changed conditions and will return with revised objectives during the second quarter of 2018.
A STRATEGY FOR long-term profitable growth in biometrics
Fingerprints delivers biometric solutions that increase security and create value in users’ everyday lives. To drive the biometric market and satisfy the world’s need for secure biometric solutions, Fingerprints is upscaling investments in segments beyond smartphone capacitive fingerprint sensors and putting more focus on innovation for the continued strength of its patent portfolio, innovative products and long-term profitable growth.
From a semiconductor company to a biometric company
In recent years, Fingerprints has been a driving force in creating the first mass market for smartphone fingerprint sensors. We are the world’s leading vendor of fingerprint sensors for this segment, a volume market with a continuously increasing share of handsets equipped with fingerprint sensors and other biometric solutions.
We are now seeing how the major advantages of biometrics are causing the technology to proliferate into other segments. Fingerprints is extremely well positioned to benefit from the expanding global biometrics market.
Simultaneous with us continuing to focus on developing our core business—volume deliveries of capacitive mobile phone fingerprint sensors—we are realigning a growing share of our resources to new segments. Over half of our R&D expenditure is associated with initiatives designed to develop new, biometric technologies and expand in new, promising growth segments in different sectors. Our objective is that in 2018, 10% of our revenues will be sourced from segments outside capacitive fingerprint sensors for mobile phones.
Our solutions can be applied across a raft of segments in different sectors, and are embedded in products including mobile phones, tablets, computers, mouses, locks and smart cards. Priority segments:
- Smart Cards
- Automotive & Embedded
ENHANCING OUR TECHNOLOGY PORTFOLIO
At present, Fingerprints is focusing on fingerprint and iris recognition, simultaneously with continuously evaluating other biometric modalities, and we are developing multimodal solutions in tandem with this process. Multimodality offers greater security and user-friendliness. The first product embedding a multimodal solution based on iris and fingerprint technology launched in 2017. Fingerprints is currently the only provider of multimodal solutions that combine fingerprint and iris recognition, with market-leading security. The acquisition of Delta ID, completed in 2017, supports Fingerprints’ ambitions to expand its customer base, regions and sectors where the company is active.
We are also conducting a high-priority development project in ultrasound technology, with the aim of enabling fingerprints to be read anywhere on the display of a smartphone or other device. Fingerprints expects to collaborate with key customers in the first half-year 2018 to continue developing the technology and then bring it to the mass market.
eXPANSION IN NEW APPLICATION SEGMENTS
Fingerprints sees great potential in utilizing the company’s economies of scale and experience of mass production of sensors in its expansion into new customer segments. The market we judge to offer the greatest potential in the short term is smart cards, with some 4 billion cards manufactured every year. Fingerprints also sees potential in the IoT, i.e. Internet-connected devices, the automotive industry, the care sector and the industry in entry and attendance systems. Several million biometric door locks are already sold every year in China.
The interest in Fingerprints’ smart cards offering is high and growing, even if it will take time before expected market volumes become comparable with those currently in smartphones. Fingerprints started shipping small-scale commercial volumes of fingerprint sensors for access cards in 2017. We expect that commercial deliveries of smart cards with fingerprint sensors may get
underway in 2018, with volumes then gradually increasing. Fingerprints is in a very strong starting position as the market for biometric smart cards enters its next phase.
We took a major step towards high-volume production of Fingerprints’ sensors for smart cards through the launch of our new module design T-Shape™ in 2017, which is distributed in a format compliant with sector standards for smart cards and compatible with card manufacturers’ existing production infrastructures, contributing to lower overall cost. Cards also become aesthetically
pleasing thanks to the module being ultra-thin and compact. T-Shape™ is the lowest-current module on the market, with very positive contactless charging characteristics. The module is already ready for commercial volumes, after an extensive development process and collaborations with Fingerprints’ sector partners in smart cards.
Fingerprints has established collaborations with a number of the world’s largest card manufacturers to drive the market forwards in partnership with them. A number of market test schemes on charge cards with our sensors were conducted in 2017 in Germany, the Netherlands, Norway and Japan. In early-2018, we announced that Fingerprints is collaborating with VISA and Mountain America Credit Union on the first large-scale market test of biometric dual interface (contact and contactless) charge cards in the US. Fingerprints’ sensors are also being used in a similar market test with the Bank of Cyprus and Gemalto (via Zwipe) in early-2018.
Fingerprints expects activity levels to keep rising in 2018, focusing on qualifying technology solutions to achieve certification by the leading card brands in the next phase. Apart from several in-depth partnerships with card producers, subcontractors, the card brands and issuers, Fingerprints is also committed to central sector collaborative organizations, notably EMVCo and Eurosmart, who are keynote players in standardization and certification.
A WELL-BALANCED AND FAST-GROWING PATENT PORTFOLIO
- Covering all aspects of our systems such as biometric algorithms, biometric image processing, recognition systems and packaging technologY
- 206 patents granted in December 2017
- Over 125 of these patents relate directly to biometric solutions