Fingerprint Cards AB (STO:FING B) got its first commercial order for swipe sensor FPC1080A. The order of 50 000 units came from China. Chinese banking and financial sector is launching USB key production equipped with fingerprint sensors for logging into netbank and signing bank transactions.
FPC feels demand from China could reach at least 100 million units over the next 3-4 years. Fingerprint Cards advanced over 20% after the order. The price was not disclosed for competitive reasons. FPC estimates that demand in this Chinese submarket corresponds to at least 100 million units over the coming three to four years.
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