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Fingerprint shares jumped to a record high and were up 5.1
percent by 0724 GMT.
Google on Thursday previewed its new Android software for
smartphones, tablets, watches and TVs at its annual developer
conference in San Francisco. The new OS will be released later
this year.
Fingerprint said it had provided prototype devices, based on its
FPC1020 and FPC1025 touch sensors, supporting Google in
developing and integrating the capability into Android M.
"It's a big step for the industry as there will be standardized
support in phones for fingerprint sensors," Fingerprint Chief
Executive Jorgen Lantto said. Such sensors could allow a phone
user to avoid having to input a passcode while also increasing
security as phones are increasingly used in retail and financial
transactions.
Lantto said Android M will mainly boost the market for
fingerprint sensors in 2016 but could give some positive impact
earlier.
"This will not impact the market in the second quarter, but
might give impact in the third quarter and the fourth quarter,
but mainly in 2016 the market will become bigger," Lantto said.
He repeated Fingerprint's forecast of revenue exceeding 1.5
billion Swedish crowns ($177 million) in 2015.
($1 = 8.4696 Swedish crowns)
(Reporting by Olof Swahnberg; Editing by David Holmes)
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