The switch to Voice over IP is in full swing, but only one in three…
Smartphones: Fingerprint sensors will continue to be a hit in 2018
Globally, more and more smartphones are being sold with fingerprint sensors. According to the Taiwanese portal DigiTimes, around 920 million units were delivered by sea in the past fiscal year. This value corresponds to a market penetration of a whopping 64 percent.
According to DigiTimes, the end of the successful market development of fingerprint sensors is far from over. For this reason, a shipment of 1.25 billion units is forecast for 2020, which would correspond to a market penetration of 75 percent. According to the report, the Gothenburg-based company Fingerprint Cards (FPC) is the world’s leading supplier of fingerprint sensors, which was able to increase its sales 650-fold from 2013 to 2016. The reasons for the rapidly growing market are led by new industry players, in particular from the USA, China and Taiwan.
A small downside for the providers: The growth led to a lower average selling price for the sensors, at FPC in 2017 by a handsome 53 percent. A trend that pushes the rate of profit among the Swedes, which is estimated at almost seven percent, after being 39 percent in 2016 and about 31 percent in 2015.
Competition from China
From China, FPC is getting more and more headwind, especially from its rival, the Chinese fingerprint sensor maker s Technology. Goodix also benefits from the sales boom and was able to increase its sales fourfold in 2016 within three years. DigiTimes expects Goodix 2017 to increase revenue by 25 percent over FPC. Thus, the Chinese could even run out of Sweden for the foreseeable future the rank of world market leader.
Goodix presented moobilux.com 2017 in Barcelona at the Mobile World Congress, its vision of a screen-integrated fingerprint sensor. But even traditional fingerprint sensors promise the industry player as the most cost-effective biometric recognition method continues rosy business prospects. Because they are versatile and can be integrated in smartphones, tablets and notebooks as well as in cars, in smart payment or incoming control systems.