FPC appoints World Peace Industrial as new distributor

New Post Public Reply Private Reply Replies (0) Message Board

News Desk 2018

Jul 31, 2014 at 2:15 AM

Fingerprint Cards' (FPC's) has signed a distributor agreement with Asia's largest distributor of electronic components, World Peace Industrial Co. Ltd ("WPI"). WPI's parent company, WPG Holdings is also the third largest distributor of electronic components in the world. FPC is happy to announce this agreement with this prominent company. The focus of the agreement is sales to the mobile industry in Greater China. The first mass production shipments of FPC touch fingerprint sensors to WPI took place in July. Johan Carlström, President and Chief Executive Officer of FPC, comments: "China is FPC's most important market and to further strengthen our market position in this key market, we are excited to tap into the extensive relations and network that WPI holds with the mobile players in Greater China. We expect a rapid increase in mobiles with embedded fingerprint sensors in China and against this backdrop, a strong partnership with WPI is important to us." IJ Hsu, Chief Marketing Officer of WPI, comments: "We see a strong demand in Greater China for fingerprint sensors in mobile phones and tablets, in particular touch fingerprint sensors. The addition of FPC to WPI Group's line cards will bring our customers complete product solutions and FPC's various touch fingerprint sensors will surely fulfill customers' diverse design needs for mobile phones. We see great potential in the partnership with FPC." For more information, contact: Johan Carlström, CEO Fingerprint Cards AB (publ), +46 (0) 31-60 78 20, investrel@fingerprints.com About WPI Group Established in 1980 and headquartered in Taipei, Taiwan, WPI Group has over 30 sales offices with near 1600 staffs in Greater China and Asia Pacific region including Hong Kong, China, Singapore, Malaysia, Thailand, Philippines, India, Vietnam and Korea forming a solid and complete Asia-Pacific service network. In 2013, WPI Group achieved USD 5.7 billion of revenue. As a supply channel partner, WPI Group carries over 60 international brands and offers a comprehensive range of components, spanning semiconductors, interconnect, passive and electronic mechanical components, and computer products, all provided with the convenience of one-stop shopping. For more information, please visit WPI Group's website http://www.WPI-group.com About Fingerprint Cards AB (publ) Fingerprint Cards AB (FPC) markets, develops and produces biometric components and technologies that through the analysis and matching of an individual's unique fingerprint verify the person's identity. The technology consists of biometric sensors, processors, algorithms and modules that can be used separately or in combination with each other. The competitive advantages offered by the FPC's technology include unique image quality, extreme robustness, low power consumption and complete biometric systems. With these advantages and the ability to achieve extremely low manufacturing costs, the technology can be implemented in volume products such as smart cards and mobile phones, where extremely rigorous demands are placed on such characteristics. The company's technology can also be used in IT and Internet security, access control, etc. Fingerprint Cards AB (publ) discloses this information pursuant to the Swedish Securities Market Act (2007:528) and the Swedish Financial Instruments Trading Act (1991:980). The information was issued for publication on July 31, 2014 at 08.00 am CET. Important information Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the constituent information in accordance with the rules and regulations prevailing in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any of the company's securities in any jurisdiction. [HUG#1844351]

Newer

Older

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Coventry's Jacobs Joins European Life Settlement Execs

Neal Jacobs Steps Up in Life Settlements Coventry has added another feather to its cap with Neal Jacobs, their Senior Managing Director of Capital Markets, joining the Executive Committee of the European Life Settlement Association (ELSA). Elected at ELSA's Annual General Meeting on September 15, 2026, Jacobs brings a wealth of experience that promises to bolster the...

OmniActive's Fenavari: A New Era in Women's Health

Pioneering Women's Health with Fenavari You ever wonder why some health products get all the hype? Here's one for the book: OmniActive Health Technologies launching Fenavari, their top-tier contender in the women's health market. Now, we're not talking your run-of-the-mill supplement here. We're stepping onto a new playing field, especially with Dr. Taz Bhatia stepping...

Canada and Ukraine Fortify Defense with UGV Partnership

New Defense Fronts: Canada and Ukraine Join Forces October 13, 2026, marks an important day in Ottawa's defense narrative with Dominion Dynamics and Ukraine's TENCORE kicking off a robust partnership. They're not just collaborating; they're plugging into each other's strengths to build TerMIT uncrewed ground vehicles (UGVs) on Canadian soil. These aren't gizmos you find...

Skiptown Expands in Georgia Amid Growing Demand

With the pet care industry barking up a storm lately, Skiptown is ramping up efforts to expand its presence in Georgia. The tech-enabled dog care franchise already has a paw print in Atlanta, but it's sniffing out new opportunities across the state. Now they're on the hunt for franchise owners who can bring this modern approach to more communities. Why Georgia? The Growth...

Honeywell Aerospace Faces Legal Turbulence in Fraud Case

If you've got your chips on Honeywell Aerospace, Inc. (HONA), buckle up because things are getting choppy. Investors who took a bath on their shares now have the chance to put on their legal gloves and join a securities fraud class action lawsuit against the company. Legal Storm Over Misleading Statements Here's the rub: Between June 29 and September 1, 2026, the folks at...

Home Buying: Unmasking All the Real Budget Costs

Home Buying: More Costs Than Meets the Eye Let's face it, buying a home is no stroll in the park. It's a tangled web of numbers and surprises that can leave even the savviest buyer in a daze. Thank goodness for articles like the one from HelloNation featuring Serena LoPiccolo-Smith, which make the invisible visible when it comes to the financial intricacies of home...

Paradigm Therapeutics: A Beacon in Rare Diseases

A Step Towards Recognition You know the old saying: innovation never sleeps. Well, Paradigm Therapeutics seems to have taken that to heart. The company's embarked on a peculiar yet promising journey with SD-101 (Zorblesia™), and here they are, basking in the glow of another nomination for the 2026 Prix Galien USA "Best Start-Up" award. It’s their second shot at this...

Omneky Outshines Competitors in AI Ad Scoring

Brewing a better ad with AI isn't just about the model you plug in—it's about the wizardry wrapping around it. Omneky's latest caper in the AI advertising game has snagged the spotlight, pulling a hearty 8.8 taste score on a recent TasteBench comparison. That's not a minor tweak, folks, but a whopping 1.2-point lead over the shadow-chasing curves of the next...

Special Needs Group Partners with MAST to Enhance Accessibility

Accessible Travel Takes the Spotlight Ah, the travel biz—just when you think you’ve got it all figured out, along comes a partnership like this to shake things up. Special Needs Group, the big cheese in mobility and medical equipment rentals, is teaming up with MAST Travel Network. Together, they're rolling out initiatives to make the world a bit more accessible, even...

Simple Home Upgrades That Boost Value Fast

Transform Your Home's Curb Appeal Without Breaking The Bank Every homeowner knows that feeling when you look at your house one day and think, "This could use a little something." Say you're strolling through a neighborhood in Fulton, N.Y., and notice a gem. It's not a brand new build, but it gleams with character. You bet it's had a few smart touches that could apply...