HEADLINE NEWS

Taxis in Major U.S. Cities to Get NFC-Enabled Video Ads

Riders in 5,000 taxicabs in the U.S. would be able to tap on NFC tags on video advertising screens to download apps, brand information, coupons, maps, music and videos, according to technology suppliers that have equipped the taxis for potential advertising campaigns.

Analyst: Banks Have More to Fear from Cloud-Based Technologies Than NFC

Banks have much more to fear from cloud-based mobile payment than from NFC, even if mobile operators control the secure elements that hold the banks’ payment applications.

GSMA Proposes Global Standard for NFC-Enabled Loyalty and Couponing–Using SIM Cards

May 10 2013 (All day)

The GSMA mobile operator trade group is proposing a global standard for how point-of-sale terminals talk to NFC-enabled mobile wallets to enable consumers to redeem coupons and rewards.

Taiwanese Bank Gets Approval for NFC-Enabled Credit Cards; Okay for Other Banks Expected

Taiwanese banking regulators, as expected, have approved the first bank to issue mobile credit cards that could be downloaded over the air to SIM cards.

UK Retailer Marks & Spencer Sees Growing Use of Contactless

Marks & Spencer, one of the UK’s largest retailers, announced today it had rolled out contactless payment to 644 of its UK stores and said 14% of its card transactions under £20 (US$30.97) are contactless.

Identive Reports Growing NFC Business; Blames Flat Sales, Losses, on U.S. Budget Cuts

U.S.-based Identive Group reported growing NFC and smart card reader business, but fell back into the red during for the first quarter, a loss it largely blamed on U.S. federal government budget cuts.

German Bank and Telco Hold Small NFC Trial; Larger Launches Planned in Country This Year

As Germany gears up for NFC, German bank Dortmunder Volksbank along with Telefónica (O2) Germany have launched a small pilot putting a credit application onto SIM cards in Western Germany.

Cashless Technology Company Announces Rollout of Isis SmartTap on Vending Machines

Vending technology company USA Technologies plans to integrate the SmartTap mobile-commerce software into all of the company’s nearly 100,000 NFC-enabled terminals on vending machines nationwide.

Vendor Group: NFC Secure Element Market to Grow by Two-Thirds This Year

Smart card vendor association Eurosmart has substantially increased its estimate for NFC secure element shipments for 2012–by 50% to 150 million units–and forecasts that secure element shipments will grow by another 67% in 2013 to 250 million units.

Gemalto Reveals Some Details of MCX Deal; Vendor Will Earn Fees for Transactions

France-based smart card and security vendor Gemalto will operate the mobile-payment platform for U.S. merchant group MCX, earning a fee for every transaction, in addition to what appears to be a hosting fee it says is worth tens of millions.

Inside Reports NFC Revenue Down Sharply in First Quarter; Some Recovery Expected in Q2

France-based chip supplier Inside Secure today reported a sharp decline in its revenue in the first quarter from its NFC chips, blaming the situation on excess inventories of NFC chips on hand by its main customer BlackBerry.

Australian Supermarket Chain Sees Fast Take-Up of Contactless Payment

More than half of credit card transactions at Australian supermarket chain Coles are contactless, and the merchant hit the milestone just over six months after rolling out contactless terminals across its more than 700 supermarkets.

Topic “Richard Clemmer”

NXP Reports Slower Growth for NFC Chips, But Notes Market is in ‘Early Innings’

NXP Semiconductors today said sales of its NFC chips and secure elements grew by just under 3% during the first quarter compared with the previous quarter, a lower growth rate than during 2012, though CEO Richard Clemmer sounded optimistic tones about prospects for future growth.

NXP CEO: ‘We Know We’re Going to Have More Competition’

NXP Semiconductors said today it generated about $70 million in sales from its NFC chips and secure elements in the fourth quarter of 2012, up 20% over the previous quarter and three times the chip maker’s NFC revenue in the fourth quarter of 2011.

NXP Reports NFC Chip Business Grew by 30% in Third Quarter

NXP Semiconductors’ NFC chip revenue grew by about 30% in the third quarter, compared with the previous quarter, and sales approached $70 million, according to the Netherlands-based semiconductor supplier.

NXP Announces Shipments of 100 Million NFC Chips, Design Wins

NXP Semiconductors said it had shipped 100 million NFC chips as of last month and confirmed it is supplying chips to eight of the top 10 smartphone makers.

NXP Notes NFC Design Wins for 200 Smartphone and Tablet Models

NXP Semiconductors said that 200 smartphone and tablet models are in the pipeline carrying its NFC chips–with about 40% of them either already in production or “moving toward production over the (next) few quarters.”

NXP Discloses Design Wins for More than 130 NFC Handsets and Tablets

NXP Semiconductors CEO Rick Clemmer said the chip maker has notched design wins for more than 130 handsets and tablets, giving it an “Intel-like” market share for the number of devices being designed with NFC chips.

NXP Boasts of Design Wins for 90 NFC Devices, but Declines to Project Shipments

NXP Semiconductors has announced it has design wins for more than 90 mobile phone models and tablets, a substantial increase from last quarter.

Experts Not Surprised By Falling NFC Phone Forecast for 2011

Aug 12 2011 (All day)

NXP Semiconductors' sharply lower forecast for NFC phone shipments for 2011 comes as little surprise to many, who point to delays in handset shipments and failure by many mobile operators to firm up their NFC business plans.

NXP Lowers Projection for 2011 NFC Phone Shipments

Jul 29 2011 (All day)

NXP Semiconductors, the largest supplier of NFC chips, has lowered its projection for total NFC phone shipments for 2011 to 40 million or less–substantially lower than the 70 million it had been projecting.

NXP Semiconductors

Headquarters: 
Netherlands

Co-creator of NFC with Sony, NXP's partnership with Google announced in late 2010 has given it a dominant position in shipments for NFC chips for Android phones.