IPhone Fingerprint Reader Talk Boosting Biometric Stocks
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As the technology world buzzes with speculation that the next iPhone will have a fingerprint reader, makers of biometric security devices are bracing for a race among smartphone makers to adopt the technology.
Apple Inc. will unveil a new iPhone next month, according to a person familiar with the plans. ABI Research and KGI Securities Co. are among the industry watchers that say the device will include a fingerprint reader, a prediction bolstered by Apple’s $350 million purchase of fingerprint- sensor maker AuthenTec Inc. last year.