Fingerprint Cards: Bleak Q3’20 Figures – But Progress in Cards
Research Note
2020-11-12
07:59
Redeye's estimates were significantly higher than the Q3 outcome. We think the report was weak, with a poor outlook in the traditional smartphones business, due to the capacity problems. We will therefore lower our smartphones estimates. However, we argue that the positive progress in smartcards (most notably the new sensor) trumps the bleak Q3 figures.
VW
Viktor Westman
Disclosures and disclaimers