Topic “LG Electronics”

LG Confirms Delay in Launch of Mobile Payments Service

NFC Times Exclusive – A source at LG Electronics has confirmed to NFC Times that the smartphone maker has decided to push back the launch of LG Pay from next week in order to focus on the launch of its next flagship phone, the G5. It’s possible the OEM will not launch until the second half of 2016.

Analysis: Business Model for ‘OEM Pay’–Sell More Devices

Feb 4 2016

NFC Times Exclusive Insight – While LG Electronics has released few details about its planned payments service, LG Pay, or even revealed the technology it will use, there seems to be little doubt about its business model: LG believes it needs an additional payments feature to keep its devices competitive with rivals Apple, Samsung and other smartphone OEMs that might launch payments services.

LG Licenses NFC Patents from Inside Despite NXP Suit Calling Patents Invalid

Aug 19 2014

LG Electronics has signed a global licensing deal for NFC technology patents from Inside Secure, an initial win for Inside and its strategy to try to cash in on its NFC IP.

NXP Reports Higher NFC Sales, Offers No Hints on NFC-Enabled iPhone

Jul 30 2014

NXP Semiconductors said sales in its emerging ID business–mainly made up of its NFC chips–increased by 22% in the second quarter, compared with the first quarter, and CEO Richard Clemmer insisted the chip maker’s secure element business would continue to remain a strong contributor.

Consumer Electronics Makers Continue to Tap NFC Technology for Pairing and Other Connectivity

Continuing last year’s trend for an increased role for NFC in consumer electronics, manufacturers introduced NFC-enabled devices ranging from speakers to home-lighting systems at last week’s International Consumer Electronics Show in Las Vegas.

Samsung Splits Supply Contracts for NFC Chips for Galaxy Note 3 Between Broadcom and NXP

NFC Times Exclusive: Samsung Electronics has split the NFC chip supply contracts for its new Galaxy Note 3, possibly the first major NFC device that has multiple chip suppliers, NFC Times has learned.

Sony Sees Demand Soar for NFC Tags in 'One-touch' Consumer Electronics Devices

Japan’s Sony Corp. is producing millions of NFC tags for the company’s consumer electronics devices and accessories, following the introduction by Sony of its NFC-based One-touch connectivity feature, a representative told NFC Times.

Visa and Samsung Agree to Enable Payment on NFC Embedded Chips; Deal Expected to Bypass Telcos

BARCELONA – Visa and Samsung Electronics have announced a landmark agreement that will see a Visa payWave application preloaded on the embedded secure elements in forthcoming NFC-enabled Samsung devices.

More Consumer Electronics to Incorporate NFC for Connectivity This Year

By: 
Dan Balaban

LAS VEGAS, Nev. – NFC technology this year is likely to make its way into a greater variety of consumer products, including televisions, DVD players, digital cameras, even an automatic vacuum cleaner, if demonstrations at last week’s International Consumer Electronics Show in Las Vegas are any indication.

Google Drops NXP in Favor of Broadcom for NFC Stack, Latest Nexus Devices

Nov 19 2012

Google has chosen U.S.-based Broadcom as its NFC chip supplier for its new Nexus 4 smartphone and Nexus 10 tablet and has incorporated Broadcom’s NFC software stack in its new Android 4.2 operating system running on the devices.

HEADLINE NEWS

Study: Merchants Could Boost Sales by Easing Fears Over Digital Security

NFC TIMES Exclusive Insight – A survey conducted by American Express suggests that U.S. merchants could increase their online sales by taking steps to enhance the security of customers' information.

EU Antitrust Regulators Launch In-Depth Investigation into Qualcomm’s Planned NXP Acquisition

NFC TIMES Exclusive Insight – European Union antitrust regulators have launched an in-depth review of Qualcomm’s planned $47 billion acquisition of NXP Semiconductors, the largest supplier of NFC controllers and secure elements globally.

Visa Expands Token Service Provider ‘Partner’ Program, Though Most Vendors Not Yet Integrated with VTS

NFC TIMES Exclusive Insight ­– Visa this week announced a new list of 13 “partner” companies to help it distribute and manage Visa-generated tokens, which the network giant is promoting for use in what it hopes will be large-scale rollouts of Internet of Things devices that can do payments.

Analysis: Apple Apparently Sees Need for Additional Pairing Technology with Support for NFC Tag Reading

NFC TIMES Exclusive Insight ­– Nearly three years after embracing NFC technology for mobile payments but declining to support NFC’s tag-reading mode, Apple, in a surprise move, is adding tag-reading support to its NFC-enabled devices, including the iPhone 7 series and forthcoming iPhone 8, as well as its Apple Watch.

Exclusive: Major U.S. Processors Say In-Store Transactions for Pays Wallets Remain Disappointing

NFC TIMES Exclusive – Apple Pay and the other major Pays wallets still only account for around 1% of card transactions in the U.S., three major processors told NFC Times. At least two of the processors say they haven’t seen growth in Apple Pay over at least the past year.

Alipay North America Chief Insists Company has No Plans for U.S.-Based Wallet

NFC TIMES Exclusive –  Alipay has no plans today to introduce a mobile wallet in the U.S., and is instead expanding its merchant acceptance footprint in the U.S. only to serve Chinese visitors, Souheil Badran, president of Alipay North America, told NFC Times.

NFC Secure Element Shipments Likely Dropped for First Time in 2016, and Vendor Group Cuts Forecast for 2017

NFC TIMES Exclusive Insight – Shipments of NFC secure elements almost certainly fell in 2016, based on recent figures released by vendor association Eurosmart, though the group is again declining to release specific shipment figures for NFC cards and embedded chips, instead combining the NFC unit shipments with those for machine-to-machine modules.

Samsung Pay Launches Commercially in Taiwan; No. 4 Credit Card Issuer Taishin Reveals Apple Pay Card Adds

NFC TIMES Exclusive Insight – Samsung made it official, launching Samsung Pay commercially today in Taiwan with seven banks, as expected, following Apple Pay to the market by about two months and beating Android Pay, which is expected to launch on the island nation as early as next week. 

Why is Mobile Wallet Adoption So Disappointing? Some Industry Players Weigh In

NFC TIMES Exclusive –  NFC wallets are failing to catch on in the U.S., especially for in-store transactions, for a variety of reasons, including poor awareness among consumers and cashiers, lack of full buy-in from merchants, problems with certifying terminals for contactless and an insufficient value proposition, said industry players, including a representative from Google.

Samsung Pay Launches in UK Without Major Banks or MST Technology

NFC TIMES Exclusive Insight – Samsung today finally launched its Samsung Pay mobile payments service in the UK, well behind rival payments services Apple Pay and Android Pay.

Wal-Mart Still Balks at Accepting NFC; Nordstrom Wants Right to Refuse Some NFC Wallets

NFC TIMES Exclusive – LAS VEGAS, Nev.: It’s been more than two and a half years since Apple Pay launched in the U.S., and retail giant Wal-Mart Stores still is no closer to accepting NFC at its 4,000-plus stores in the U.S. then when Apple began rolling out its NFC-enabled mobile payments service in October of 2014.

Apple Testing Loyalty Feature; Google Expected to Expand Payments for Home Device

NFC TIMES Exclusive – As they struggle with low user adoption of their respective wallets in the U.S., Apple and Google are seeking to add more features, hoping to increase transactions, NFC Times has learned.