Next Biometrics gets new $1.6M order from XM Holder

Chinese company XM Holder, which is specialized in electronic components distribution, has placed an order worth 18 million Norwegian Kroner (US$1.6 million) for FAP20 fingerprint sensors from Next Biometrics in what has been described as a design win.

In an announcement, the new purchase order from XM Holder has been attributed to Next’s ongoing fruitful collaboration with its Chinese market entry partner WISER. XM Holder is an existing partner of Next.

This comes as a study has highlighted the booming …

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