Idex Sees Sales Gains as Apple Spurs Biometric-Sensor Market
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Idex ASA, a Norwegian maker of fingerprint-imaging technology whose stock rose almost eightfold since the start of 2013, is projecting customer and revenue gains as phonemakers add biometric sensors to their devices.
The company expects a “significant” pickup in sales next year as volumes increase, Chief Executive Officer Hemant Mardia said in an interview. Idex received its first volume order for 300,000 sensors in January.