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IDEX receives follow-on production order for Cardinal fingerprint sensor
IDEX ASA has received follow-on volume production orders for its Cardinal Q touch fingerprint sensor.
The orders are towards an unnamed OEM smartphone manufacturer for a device to be distributed by a wireless carrier. IDEX started to ship sensors to the customer in Q1 2016 and expect to fulfill the current orders in Q2 2016.
“We are very pleased to receive follow-on volume production orders,” said Dr. Hemant Mardia, CEO of IDEX. “This handset is expected to be launched to consumers by the tier-one mobile OEM in late Q2 2016, and is a huge milestone for IDEX. We believe it serves as strong validation of our products for other customers”.
Dr. Mardia goes on explaining that the company is seeing a polarization of demand in the mobile market as adoption of fingerprint sensors extends into more low- and mid-end smart phones.