Biolog Device is showing strong performance. It is interpreted as being influenced by the news that Samsung Electronics is leading the popularization of fingerprint authentication cards with fingerprint recognition ICs.
As of 10:39 AM on the 5th, Biolog Device is trading at 931 KRW, up 3.44% compared to the previous day.
According to the industry on the day, Samsung Electronics has set a goal to lead the popularization of 'fingerprint authentication cards' by expanding the supply of all-in-one fingerprint recognition ICs (integrated circuits). Fingerprint authentication cards have attracted attention for their excellent security and convenience, but they have not yet become popular due to the inability to reduce card manufacturing costs. In response, Samsung Electronics released a solution earlier this year that can reduce card manufacturing costs.
Samsung Electronics' fingerprint authentication IC is the industry's first all-in-one solution that integrates a fingerprint sensor, security processor, hardware security chip (Secure Element), and combines fingerprint authentication algorithms into a single chip. Through this product, banks and card companies can more easily manufacture and distribute fingerprint authentication cards.
Meanwhile, Biolog Device is a company specialized in FPCB Assy for 'optical image stabilization (OIS)' and 'auto-focus (AF)' actuators used in smartphone camera components. It also holds numerous patents for capacitive fingerprint sensor technology. It was selected as a ‘Next Generation World-Class Product’ in 2020. Accordingly, the supply history to Samsung through Samsung Electro-Mechanics' camera module supply has been highlighted, and the expectation of benefits is reflected in the stock price.
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