Rumor: Xiaomi to Invest in Fingerprint Recognition Patent Holder
Souhu IT, 10/11/13
Beijing-based Android handset developer Xiaomi is currently in partnership talks with Hong Kong-based electronic components distributor AV Concept Holdings. According to an industry insider, Xiaomi plans to make a strategic investment in the company. Specific investment figures have not been revealed.
AV Concept is a major shareholder in Korean fingerprint recognition solutions provider Nitgen, which holds approximately 100 fingerprint recognition-related patents. Xiaomi's investment is possibly aimed at gaining access to Nitgen's patented technology in order to build its own mobile handset equipped with fingerprint recognition features.
Keywords: AV Concept Holdings investment wireless Xiaomi component patent