Precise Biometrics: Shares soar after deal with Qualcomm for Huawei smartphone

Precise Biometrics AB

19/04/2018 09:30

** Swedish biometric software firm Precise Biometrics'
 PREC.ST  software integrated in a Qualcomm fingerprint sensor
deployed in Huawei's smartphone Honor 10  ID:nFWN1RW0CJ 
    ** Shares rise as much as 20.9 pct on Thursday 
    ** Precise Biometrics says sees royalty revenue from the
second quarter from this agreement
    ** Precise Biometrics Executive Chairman Torgny Hellstrom
tells Reuters royalty revenue is hard to predict 
    ** Qualcomm is one of Precise Biometrics' ten customers in
the segment for under-glass sensors, Hellstrom says 
    ** Precise shares up by 15.9 pct at 0821 GMT and by 4.5 pct
so far this year until close on Wednesday 
    

    

 (Reporting by Olof Swahnberg, editing by Helena Soderpalm)
 ((Olof.Swahnberg@thomsonreuters.com; 08-700 1019; Reuters
Messaging: olof.swahnberg.reuters.com@reuters.net))