Foreign investment in the fingerprint recognition market may shrink by 15% in 2019
The U.S. Department of Foreign Investment released a research report highlighting that fingerprint recognition remains a key feature in smartphones, balancing both security and user convenience. However, its growth has started to slow down. In 2019, the fingerprint penetration rate for non-tablet mobile phones was estimated at only 63%, below the previously anticipated 75%. This drop is partly due to consumer preferences in emerging markets outside mainland China, where fingerprint technology is no longer seen as a must-have feature.
Moreover, the department noted that the average price of fingerprint chips may decline more rapidly than expected this year, driven by the introduction of cost-effective solutions and increased competition. Currently, leading industry chips are priced around $1, while new vendors are offering similar products for about $0.80—substantially lower than the previous range of $2 to $2.50. This trend is likely to further accelerate market adoption and reduce overall costs.
Topo Industrial Research Institute also pointed out that, despite ongoing efforts, the Android ecosystem has yet to develop a biometric technology that can fully replace fingerprint recognition. As a result, fingerprint scanning is still the preferred choice for most smartphone models. Additionally, under-display fingerprint technology is gaining traction, with major brands like Samsung, LG, OPPO, vivo, Xiaomi, and Huawei expected to adopt it. This innovation is projected to push global smartphone fingerprint penetration to 60% in 2018.
Since Apple introduced fingerprint technology through its acquisition of Authentic in 2013, the Android community has gradually integrated it into devices for unlocking and mobile payments. However, the full-screen trend that emerged in 2017 led to a shift in biometric approaches. While Apple moved away from TouchID to FaceID, the Android camp also began exploring alternative biometric methods.
Although under-display fingerprint solutions can increase the average selling price and gross margin, they align with the growing demand for full-screen designs. A recent U.S. Department of Foreign Investment study revealed that at least five companies in the U.S. and mainland China are actively investing in this technology, aiming to capture a larger share of the market. Leading smartphone brands may soon place significant orders, intensifying competition in the sector.
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