HEADLINE NEWS

Samsung to Embed Secure Element in Galaxy S III, Other NFC Phones

May 14 2012 (All day)

Samsung Electronics and NXP Semiconductors have confirmed that Samsung’s next flagship smartphone, the Galaxy S III, will sport an embedded secure chip, in addition to supporting applications on SIM cards.

American Express Onboard for Isis Two-City Launch

American Express and Isis have announced that AmEx plans to participate in the two large NFC pilots Isis plans to launch this summer in Salt Lake City, Utah, and Austin, Texas.

HTC Steps Up NFC Phone Presence with Three High-End Handsets

May 10 2012 (All day)

New Orleans – Phone maker HTC is displaying three high-end NFC phones at the International CTIA Wireless show in New Orleans, including its Droid Incredible 4G LTE, destined for U.S.

MasterCard Unveils Wallet Offer; Expands PayPass Name to Online Transactions

NEW ORLEANS – MasterCard today announced its answer to Visa’s digital wallet and other wallets planned by competitors, introducing its PayPass Wallet Services.

MasterCard Announces NFC Device Certifications; New NFC Mark

May 9 2012 (All day)

MasterCard has announced certifications for 17 NFC phones as well as its own mark that handset makers could display on device packaging, advertisements or even on the devices themselves, showing the phone is able to do contactless payments with MasterCard PayPass.

Samsung Unveils Galaxy S III, Supporting NFC Payments and Enhanced P2P

May 4 2012 (All day)

Samsung Electronics has introduced its much-anticipated Galaxy S III, which, as expected, will support NFC for mobile payment, along with an enhanced version of Google’s Android Beam peer-to-peer pairing-and-sharing feature.

Barnes & Noble First E-Reader Seller to Disclose Plans for NFC Support

In a first for an e-reader seller, the CEO of bookstore chain Barnes & Noble said the company plans to include NFC chips in its Nook e-readers, which he said could make the connection between the devices and the company’s physical stores.

Airline to Introduce NFC App Following Successful Sticker Launch

May 3 2012 (All day)

Scandinavian Airlines plans to introduce an NFC application for frequent flyers as early as this summer, enabling those with Android NFC phones to tap for a faster flow through check-in, security screening and boarding.

Report: Google and PayPal Challenge UK Joint Venture Plans

Google and PayPal have reportedly expressed concerns to European antitrust regulators, saying they fear that if major UK mobile operators are allowed to form their proposed NFC mobile-commerce joint venture, they would have too much power to control secure elements in NFC phones, the Financial Times reported Sunday.

Telefónica UK Launches O2 Wallet; Promises NFC Later in 2012

Telefónica UK, known as O2, launched its long anticipated O2 Wallet today, offering text-based money transfers and online product searches and purchasing, but no NFC yet.

Wentker Departs Visa; Bains Leaves GSM Association

Dave Wentker, considered the No. 2 man in Visa Inc.’s mobile-payment unit and a former vice chairman of the NFC Forum, has left the payment network after more than 15 years, NFC Times has learned.

Oberthur Gets Telco Group TSM Contract but Loses Key French Bank

France-based Oberthur Technologies has won a key contract to serve as trusted service manager for France Telecom-Orange group, but lost a TSM contract with big French bank BNP Paribas, NFC Times has learned.

Inside Secure to Relaunch IPO; Announces 20 Million NFC Chip Shipments and New Customer

Inside Secure today announced it has shipped 20 million NFC chips the past 12 months and said its chips will be used by a leading phone maker on a major mobile platform–as it seeks to build interest in its renewed IPO.

Inside plans to announce the relaunch of its initial public offering process tomorrow in Paris, seven months after postponing the IPO, citing financial turmoil in the Eurozone. Despite ongoing European debt woes, the France-based chip maker believes the time is right in the NFC industry to go public.

In its announcement today, Inside did not identify the new major phone maker or platform that will use its NFC chips, saying only it's a leading phone maker that will introduce a smartphone by mid-2012 using Inside’s MicroRead chip and its NFC software stack. Inside said it would be a “next-generation” handset and would run “one of the most widely used mobile operating systems under license.”

This would appear to narrow down the platforms to either Windows Phone from Microsoft or Android from Google.

The Windows Phone platform could be considered next generation, since the first NFC models on the platform are expected to be shipped on the Windows Phone 8 version of the operating system later this year, the follow-up to the present Windows Phone 7. The speculation is, however, that Windows 8 will not be released until later in 2012.

If Windows Phone is the platform for the new smartphone carrying Inside’s chips, then Nokia, the major backer of Windows Phone, would be the likely phone maker. Nokia’s venture capital arm has invested in Inside in the past, including the chip supplier’s last funding round, closed in September 2010. Nokia has used chips from Inside's chief rival, NXP Semiconductors, for its NFC-enabled Symbian phones, but might be ready for a change with a move to Windows Phone.

NXP has had a virtual lock on chip shipments to Android phone makers, a fact Inside complained about just last month. Inside recently introduced a new version of its NFC software stack for Android 4.0, Ice Cream Sandwich.

While major Android phone maker Samsung Electronics, which has been using NXP NFC chips, appears unlikely to change suppliers, there are other major Android phone makers, such as HTC and LG Electronics, which possibly could use Inside’s chips.

The announcement of the new customer using a major mobile platform is likely designed to draw attention away from the fact that Inside’s major customer for its NFC chips to date has been Research in Motion, whose importance in the smartphone market is fading fast in the minds of most observers.

Inside today also updated its NFC chip shipment figures, saying it had shipped 20 million of its MicroRead and SecuRead chips through the end of January 2012–half of them during the last three months. Most or perhaps nearly all of the chips have been shipped to RIM for at least seven NFC-enabled BlackBerry models. Inside announced in October that it had shipped 10 million NFC chips through mid-October 2011.

SecuRead comes stacked with an embedded secure chip supplied by Infineon Technologies. Infineon earlier said that it projected shipments of about 20 million embedded secure chips for the second half of 2011.

Analysts have estimated that handset makers shipped roughly 40 million NFC phones during 2011, nearly all of them using chips from either NXP or Inside.

But Inside will face competition from other, much larger, chip makers, which are entering the market this year with NFC chips, including STMicroelectronics, Samsung Semiconductor, Texas Instruments and Broadcom.

U.S.-based Broadcom will be among the biggest threats to both Inside and NXP since Broadcom’s other wireless chips, supporting Bluetooth and WiFi, are already used by many smartphone makers. Texas Instruments is not targeting its NFC chip for smartphones.

In another move to increase its profile, Inside in December announced that giant PC chip maker Intel is licensing its technology, which Intel could use to build NFC into its future chips for a range of devices. Under the licensing agreement, Intel also could use Inside’s standalone MicroRead and SecuRead chips for its implementations, including in mobile devices.

Intel is likely to include NFC in a reference design for mobile phones this year, said analysts, but Inside is not the only NFC chip maker Intel is working with.

Inside reportedly was seeking to raise €100 million (US$131 million) during the last IPO process, though the vendor never confirmed this amount. 

To date, Inside has raised more than €133 million euros in venture capital, most during four funding rounds. The last funding round amounted to €50 million, helping Inside to acquire the smart card unit of U.S.-based Atmel. Past private equity investors Gimv and Sofinnova Partners led the round, which also included such investors as Qualcomm and Atmel, in addition to Nokia.