Fingerprint sensor IC design house Egis Technology is making efforts trying to return to operating profits, according to the company.
Egis posted consolidated revenues of NT$917.1 million (US$31.6 million), gross margin of 40.27%, operating loss of NT$51.9 million and net loss of NT$3.0 million for first-quarter 2022.
Based on the current gross margin level, quarterly business can swing into operating profits as long as revenues increase to a certain level, Egis said.
Development of smartphone-use fingerprint sensing technology is already mature with intense competition in the market, Egis noted, adding it has shifted focus to MOC (match-on-card) fingerprint sensor ICs for notebooks, dToF (direct time of flight) sensor ICs and optical sensor ICs, with shipments expected to significantly increase in second-half 2022 or first-half 2023.
Egis has acquired a 16% stake in CMOS image sensor developer Silicon Optronics to become its second largest shareholder, a bid to step into CMOS image sensors.
Egis has reported consolidated revenues of NT$355.3 million for April, slipping 12.29% sequentially but growing 4.38% year-on-year.
