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.