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OmniVision Offers Biometric Security for Mobiles with OV2281

OmniVision Technologies, Inc.OVTI recently launched the PureCel sensor, OV2281, which offers biometric security to mobile devices.

OmniVision's latest offering supports a 1.12-micron pixel technology and provides optimized IR sensitivity, capturing clear images even in low light. It is capable of recording 1080p high definition (HD) video at 60 FPS speed in both portrait and landscape mode. It can also operate at 30 FPS for full-resolution 1920 x 1920 video at just 120 mW.

The new image sensor can fit into an industry standard 5.5 x 5.5 mm module with a z-height of less than 4.5 mm. The power-efficient sensor can reduce consumption to approximately 25 mW, thus extending the battery life of the device.

Biometric verification has gained enormous popularity over traditional signature and PIN verifications which can be easily stolen. OmniVision's latest solution offers accurate and reliable iris detection, which is a great advantage for biometric authentication and identification.

According to industry experts, approximately 13 billion biometric applications will be downloaded by 2.2 billion mobile users between 2014 and 2020. The solid growth prospects in the mobile security market coupled with OmniVision's market leading position should boost sales of its security solutions.

OmniVision, one of the largest suppliers of CMOS image sensors, caters to multiple end markets, particularly the handset, DSC, DVC, notebook, webcam, security and medical spaces. The company boasts a significant share of the total image sensor market backed by consistent offering of technologically advanced products.

In the last reported first-quarter fiscal 2016, OmniVision's earnings of 31 cents comfortably beat the Zacks Consensus Estimate of 24 cents. Also, revenues of $329.9 million were up 15.4% sequentially but down 18.9% year over year. The top line also surpassed the Zacks Consensus Estimate of $326.0 million. The mobile phone market is very important for the advanced digital imaging solutions provider. Mobile phone sales represented approximately 65% of first-quarter revenues as compared against 69% in the prior quarter.

OmniVision carries a Zacks Rank #3 (Hold). Some stocks that have been performing well are GigOptix, Inc. GIG , ARM Holdings plc ARMH and Applied Optoelectronics, Inc. AAOI . GigOptix sports a Zacks Rank #1 (Strong Buy), while ARM Holdings and Applied Optoelectronics have a Zacks Rank #2 (Buy).

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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