At the beginning of the 21st century, practical application of biometrics (biometric authentication) technology rapidly began to become a reality, also in July 2012 Apple acquired fingerprint authentication company AuthenTec, starting with that the smartphone and tablet markets dramatically expanded. By this acquisition of Apple, fingerprint authentication technology became the center of all Apple products and Apple IT strategy, so there were great expectations for Technoglobal Inc. as a provider of fingerprint authentication technology instead of AuthenTec. After more than 20 years of research and development of fingerprint authentication technology we have the most advanced technology, and provide services to the world market, striving to be the best biometric authentication business while providing fingerprint authentication products and services.
Technoglobal Inc. has been asked to provide new technology to SAMSUNG, Fingerprint Cards AB (FPC), SHARP, FUJITSU, Panasonic, SECOM, NTT DOCOMO, etc as well as requests for services regarding counter-terrorism measures for the Middle East, Asia, and African countries, and for security enhancement to national large-scale projects, by providing such services we plan on using the funds received as working capital to invest in future equipment and operations. In addition, in China, fingerprint authentication will become a key technology in Chinese information technology, therefore, a great opportunity for expanding sales of fingerprint authentication products in high level financial companies in the Chinese market is now here.
There is a rapid increase in demand for fingerprint authentication technology in consumer products.
The non-Apple camp (SAMSUNG, Google, Microsoft, etc.) of information devices and information systems, teamed up with Technoglobal Inc. and sensor companies is expected to dominate the non-Apple-based smartphone fingerprint market.
If Technoglobal Inc. were to provide all products with fingerprint authentication functions, estimating that roughly 70% of one billion devices are in the non-Apple camp, Technoglobal Inc. would need funds of at least 20-30 billion yen, to fill this urgent need to establish a stable supply of fingerprint authentication technology for information devices and systems.
In smartphone related areas, such as laptop PCs, also in homes and offices etc. the use of fingerprint authentication in consumer products is growing, the need is rapidly expanding to provide for such demand in the industry of fingerprint authentication technology from CBA Japan and Beyond LSI (BLC).
Technoglobal Inc. is currently preparing the provision of third party personal authentication for any net application app. By the efforts of partnership from now on to lead the global internet financial settlement, we aim to be a force that can compete with Apple.