Goodix Challenges Qualcomm Tech Partnerships The chinese tech corporation goodix is introducing a groundbreaking under screen fingerprint scanning technology that promises to simplify the integration of ultrasonic sensors in smartphones. According to the announcement, goodix technology expects to achieve revenue of 4.37 billion yuan in 2024, a decrease of about 0.86% over the same period; net profit attributable to the parent company in the same period is between 550 million and 640 million yuan, an increase of 233.22% 287.75% year on year.
Global Partners Goodix Goodix has always been a pioneer in fingerprint recognition technology, with the world's largest market share of fingerprint recognition sensors for many years, reaching 57% in 2019, accounting for half of the market, and it is also the first company in china to break through ultrasonic fingerprint recognition technology, breaking the monopoly. Recently, huawei made headlines by unveiling a patent for a groundbreaking “ultrasonic fingerprint” sensor, signaling a potential shift towards developing their own ultrasonic fingerprint technology to counter qualcomm monopoly. With the passage of time, trapped by the potential threats of a single product, market saturation and new technologies, goodix once again stood on the edge of the transformation cliff, intending to expand into audio solutions, iot business and other fields through acquisitions and other actions. For instance, goodix technology, a chinese semiconductor manufacturing firm, in april 2024, launched the tfa9865 a smart amplifier customized for mobile audio applications. this streamlined.
Qualcomm Business Units Vision Technology Roadmap With the passage of time, trapped by the potential threats of a single product, market saturation and new technologies, goodix once again stood on the edge of the transformation cliff, intending to expand into audio solutions, iot business and other fields through acquisitions and other actions. For instance, goodix technology, a chinese semiconductor manufacturing firm, in april 2024, launched the tfa9865 a smart amplifier customized for mobile audio applications. this streamlined. Goodix ® and nxp ® semiconductors team up to bring cutting edge audio technologies to the car cabin by combining the power of nxp’s advanced saf9100 automotive audio dsp supporting ai ml accelerators with goodix's optimized audio algorithms. Goodix, which makes fingerprint recognition and touch chips that are used in smart devices, the internet of things and autos, is expecting losses of up to cny900 million (usd133.4 million) last year, its first losses since it went public in october 2016, according to the shenzhen based firm’s latest earnings forecast. Goodix ultrasonic under screen fingerprint technology has the notable advantage of being more cost effective than alternatives such as qualcomm’s offerings. however, it should be noted that currently it is only a “single point” solution.