Chinese smartphone maker Vivo is set to launch a smartphone with in-display fingerprint sensor on May 29. The device will be priced under Rs 40,000 and could be called "X21", industry sources told IANS on Friday.

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The device with the industry`s first in-display fingerprint scanning technology was "X20 Plus UD" and was unveiled at the International Consumer Electronics Show 2018 (CES) in January.

"The first smartphone to feature the in-display fingerprint technology will be announced in the first half of 2018," the company had said in a statement.

"With our efforts in extensive consumer research and long-term R&D investment, Vivo is well positioned to pioneer the development of fingerprint scanning technology," Alex Feng, Senior Vice President, Vivo, had said earlier.

"Today's showcase of a ready-to-produce in-display fingerprint scanning smartphone with an optical fingerprint sensor is a step forward in bringing consumers this futuristic mobile experience. We are very excited to make it available to consumers soon," Feng added.

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Synaptics -- the company responsible for handling the touch input on millions of laptop trackpads and smartphone screens -- announced in December 2017 that it has started mass production with its first optical in-display fingerprint sensors.