Swedish biometrics firm Fingerprint Cards has cited sales in China linked to mPayment confidence as a major reason behind its surging sales levels in 2015.Publishing its financial results for the year, FPC noted that revenues amounted to SEK 1,351.5 million ($160 million), up 1,187% compared with fourth quarter of 2014.Meanwhile, its gross profit margin was 46% and operating profit amounted to SEK 517.6 million.”FPC has established a leading position in a rapidly expanding market”, said the company statement from Jörgen Lantto, CEO. “During the fourth quarter, 18 smartphones featuring our touch fingerprint sensors were launched by smartphone manufacturers including Huawei, Xiaomi, Lenovo, LG and ZTE, which all belong to the seven largest smartphone manufacturers in the world. During 2015, no less than 55 smartphones featuring FPC's touch fingerprint sensors were launched by 23 manufacturers, compared with one smartphone each by two smartphone manufacturers in 2014.”The firm noted that secure mobile payments are an important market driver.”We had major success in China in 2015, where we established a market-leading position at an early stage. During 2015, our Chinese customers launched 40 smartphones integrating our touch fingerprint sensors, of which 33 were launched during the second half of the year. Our major Chinese customers are planning for continued strong growth in 2016, partly on the back of increased presence outside China.”Fingerprint sensors are also rapidly becoming a mandatory component in Chinese smartphones, driven by demand for secure mobile payments. Our successes outside China in the second half of the year are also worth noting, including Google's two Nexus smartphones, which contain our FPC1025 touch fingerprint sensor. In all, this is generating excellent conditions for continued growth in 2016”.