fingerprint cards - meetmax · 2019-10-01 · market leader in fingerprint sensors for mobile...
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CONFIDENTIAL CONFIDENTIAL
FINGERPRINT CARDS DNB NORDIC TMT CONFERENCE
OSLO, AUGUST 29, 2018
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CONFIDENTIAL
FINGERPRINTS IN BRIEF
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WE BELIEVE IN A SECURE AND SEAMLESS UNIVERSE, WHERE YOU
ARE THE KEY TO EVERYTHING
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CONFIDENTIAL CONFIDENTIAL
Fingerprints™ of Sweden
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Founded 1997 SEK 3 billion in revenue 2017 Market leader in fingerprint sensors for mobile phones Develops biometric systems consisting of sensors, software, alogrithms and tools Focus areas
Capacitive touch sensors Touchless biometrics with iris recognition Disruptive in-display technology being developed Payments including smartcards IoT, Automotive and Smart Cities
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Our solution launched in over 300 mobile devices
by over 30 different brands
MORE COMING…
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CONFIDENTIAL
DAILY 6
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Our solution is found in hundreds of different IoT devices
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CURRENT SITUATION AND FOCUS AREAS
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Fantastic and challenging journey
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1000
2000
3000
4000
5000
6000
7000
2012 2013 2014 2015 2016 2017
Revenue, SEK million
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10 95 234
2,900
6,638
2,966
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What are we doing now? Result impacted by intense competition, a product mix shift and a declining Chinese smartphone market vs last year.
We are lowering our costs further…
Second cost reduction program announced June 4 with the aim of reaching an OPEX level below SEK 400 M (on an annual basis, and before capitalization of R&D expenses)
Launched fourth-generation fingerprint sensor, expected to be integrated in customer products in late 2018 or early 2019
… and diversifying our business
Expanding our biometric technology portfolio with a focus on in-display and touchless solutions
New application areas for biometric solutions
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LOOKING AHEAD
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Our view of the future
SINGLE-PURPOSE BIOMETRICS
BIOMETRIC MULTI MODALITY
BIOMETRIC ID AND CYBER SECURITY
Fingerprint touch sensor on smartphone to unlock and make mobile payments
More and new biometrics, Iris / Face for touchless, in-display fingerprint sensors Biometrics moving into different formfactors; smartcards for payments, IoT
Smart homes, smart cities and cloud solutions where everything is connected fueling biometrics for identification and contineous authentication
2011 - 2017 - FUTURE
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Multimodality for convenient security
Why have one if you can have two? Strong combination of touch & touchless biometrics with fingerprint and iris solution Our multimodal solution launched in smartphones like Fujitsu ARROW and BitVault®, the world’s first blockchain phone
Better
Convenience
OR
Wet fingers Gloves Phone on desk (backside sensor)
Corporate login High value transactions and payments Protect apps and services
AND
Higher Security
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Capacitive Optical Ultrasonic
In-display solutions gaining ground
Fingerprints is developing a disruptive ultrasonic in-display technology In parallel, we are planning to bring an optical in-display solution to market
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Smart cards – the next biometrics mass market
2017: Approximately 4 billion smartcards produced/year 2018: First purchase orders for biometric smart cards, larger volumes expected in 2019/2020 A market with high expected growth
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Key success factors for biometric payment cards
Supporting a battery-less and contact-less scenario
Complying with packaging and production requirements
User experience Complete biometric system solution
Very low power consumption required Ultra-thin ISO certified, supporting lean, effective, and robust card manufacturing
Speed and reliable biometric performance, from first enrollment to everyday use Hardware, software, algorithms,
packaging, tools and support
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Smartcards – Fingerprints’ strengths
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Strong experience in volume production, robust hardware and stable software Offering biometric performance in a low computing power environment Ultra-low power consumption Strong collaboration with smartcard industry leaders
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T-Shape™
Easy to integrate
Lower total card cost
Ultra-low power consumption
Superior image quality and biometric performance
Compatible with existing card manufacturing processes
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CONFIDENTIAL
Initial orders for T-Shape™ module received from two major global card manufacturers, to be used in dual-interface (contact and contactless) payment cards
Smartcard ecosystem working together to introduce biometric cards at scale
Positive feedback from ongoing market trials
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Initial T-Shape™ orders received during Q2 2018
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Where are we now?
SMALLER VOLUME FOR PILOTS
CARD HOLDERS
SCHEMES – TRIALS, STANDARDIZATION & CERTIFICATIONS Payment systems and standardization bodies, test, qualifies and certifies
CARD INTEGRATION
Want biometric payment card
Solution providers and card manufacturers integrate and test
Optimized sensor and system
PRODUCT
HIGH VOLUME DEPLOYMENT
ISSUER PILOTS End user market trials with banks
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Summary Keep leadership position in mobile segment by driving cost efficiency and introducing new solutions
Adjusting cost base to prevailing market conditions while reallocating R&D investments towards new, emerging markets for biometric solutions
Fingerprints is well-positioned to benefit from the adoption of biometry in smart cards as well as in new embedded/IoT/automotive areas
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Q&A
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THANK YOU!