Intel Corporation (NASDAQ:INTC) and QUALCOMM, Inc. (NASDAQ:QCOM) are going to launch special devices that will be based on biometric systems. These devices will be used for password saving. Intel Corporation (NASDAQ:INTC) and QUALCOMM, Inc. (NASDAQ:QCOM) are famous chipmakers and there is a strong completion between the two market players. An article on the New York Times reported that QUALCOMM, Inc. (NASDAQ:QCOM)’s device will use sonar-based technology. This would be the first time any biometric device using this technology. These days, biometric devices are everywhere, but Intel Corporation (NASDAQ:INTC) and QUALCOMM, Inc. (NASDAQ:QCOM) are going to pitch in something new.
You will be able to sign in your devices using your fingertips, eyes, hair. Sonar based technology will help the users in a way that they will not have to touch the devices. The devices will be able to detect the metrics needed from the body through rays. The source quoted an official from QUALCOMM, Inc. (NASDAQ:QCOM), who thinks that in the coming years, these systems will be installed in cars, games, phones and laptop.
Intel Corporation (NASDAQ:INTC) on the other hand will launch its True Key system. This was announced earlier this year. True Key systems perform the facial math before allowing the access to devices. Facial math means calculation of certain metrics based on body parts. For example, distance between eyes, nose, the size of ears. This would help fight the problems in existing biometric systems.
QUALCOMM, Inc. (NASDAQ:QCOM)’s sonar technology works independent of the underlying OS, which means that all the algorithms reside in the device hardware, depleting the chances of hacking. Intel Corporation (NASDAQ:INTC)’s biometric system however still relies on software.
As of June 30, 2014, Ken Fisher’s Fisher Asset Management owns over 18 million shares in Intel Corporation (NASDAQ:INTC).
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