A fingerprint sensor market analyst has predicted that Chinese smartphone maker Huawei could ship '90-100m' fingerprint sensor smartphones in 2016.Jagadish Iyer of Redstone Technology Research said earlier this month that because of this prediction, that Synaptics should be able to increase its presence in China this year and into next year from multiple handset/tablet vendors as it gains share.”As biometrics adoption rises across smartphones, tablets, PC's and autos, we expect industry wide units to grow from 275m in 2015 to 1.7bn by 2019 (CAGR 44%), driving overall market to double this year to $1.4bn and grow another 50% next year. We see this as a huge opportunity for Synaptics, as its own biometric segment revenues should rise from $280m in CY15 to over $700m in CY17 as its presence expands beyond Korea into China.”Iyer added, “Our checks in China also indicate handset vendors are increasingly pushing for dual sourcing, which bodes well for Synaptics (FPC is a leader there). In the case of TDDI, where the market is expected to grow to $1.7bn by 2019 from de minimis levels last year, we see Synaptics capturing 40% share of the market over the next 3-4 years.”According to the analyst, Chinese handset vendors now want multiple vendors besides relying solely on the market leader Fingerprint Cards.
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