Topic “Richard Clemmer”

NXP Reports NFC Sales Soar on Shipments to Apple

NXP Semiconductors reported a big jump in sales from its emerging ID unit in the third quarter, thanks to shipments of NFC chips and secure elements to Apple for the tech giant’s new iPhones.

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.

NXP CEO Points to Boost in NFC Business from Design Win; Downplays HCE Threat

Netherlands-based chip supplier NXP Semiconductors reported decreased revenue for its emerging ID unit, which includes its NFC mobile transactions business, but alluded to its design win for the Samsung Galaxy S5. The company also remained optimistic about EMV and denied seeing host-card emulation as a threat.

NXP Reports ‘Slow Year’ for NFC in 2013 But Remains Optimistic About Design Wins, EMV

NXP Semiconductors, as expected, reported a slowdown in revenue growth in 2013 for NFC, but the chip maker expressed optimism that its NFC business would pick up again around the middle of 2014.

NXP Sees Second Straight Quarterly Drop in NFC Revenue; Predicts ‘Reacceleration’ in 2014

NFC Times Exclusive: NXP Semiconductors said its NFC revenue fell in the third quarter, the second straight quarterly drop, though CEO Richard Clemmer said the Netherlands-based ch

NXP Reports Lower NFC Revenue as Loss of Samsung Business Begins to Bite

NXP Semiconductors reported lower revenue from its NFC business in the second quarter compared with the first quarter, as the loss of a key customer, Samsung Electronics, begins to bite.

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.

HEADLINE NEWS

NXP Semiconductors Sues Marvell for Alleged Patent Infringement

Netherlands-based chip maker NXP Semiconductors has filed a patent infringement suit against rival chip maker, U.S.-based Marvell Semiconductor, which claims that Marvell infringed on four of its U.S. patents in chips sold to Microsoft for its Xbox One gaming console.

Spanish Airline Adds NFC Card Tapping to Mobile Booking App

Jan 28 2015

Spanish airline Vueling has added an NFC feature to its mobile application, allowing users to tap a contactless card with an NFC handset to fill in part of their card data, which they could then use to book a flight with the app.

OTI Announces Wave Attachment for Taiwan, but Actual Deployment Small

Israel-based NFC vendor On Track Innovations has announced the deployment of its NFC-enabled Wave smartphone attachment in Taiwan, targeted for the iPhone, though only 10,000 units are being distributed, and Apple has not yet approved an iOS wallet app used with the devices for a planned mobile-payments service by Taiwanese banks, NFC Times has learned.

Year Ahead for NFC: Tokenization, Apple Pay Expansion, HCE Among Trends to Watch

NFC Times Exclusive – 2015 will mark the first full year of Apple Pay and expansion of the payment service internationally, along with the coming of payment wearables led by Apple Watch, and the much needed maturing for host-card emulation and associated tokenization.

Softcard Cuts Jobs, Restructures, in Sign that Telco Owners are Losing Patience with Joint Venture

NFC Times Exclusive Insight – Softcard’s jobs cuts are more severe than earlier reported, and the layoffs are a sign that the mobile carriers making up the joint venture have rejected a 2015 budget proposed by management of the struggling NFC wallet, NFC Times has learned.

NFC Forum Working on Specification for Tags Supporting ISO 15693 Standard

NFC Times Exclusive – The NFC Forum is working on a tag Type 5 specification based on the ISO/IEC 15693 standard, NFC Forum executive director Paula Hunter has confirmed to NFC Times. She did not release a timeframe for publishing of the new specification, however.

Poland Seen as Testing Ground for HCE, Though Timetable for Commercial Launches Uncertain

NFC Times Exclusive Insight – With its high penetration of contactless POS terminals and strong use of contactless cards, payment networks, banks and telcos have seen Poland as a t

Broadcom Announces NFC Chip Aimed at Automotive Market as It Targets IoT

U.S.-based chip maker Broadcom announced it is sampling a new NFC chip targeting the automotive market.

Top 10 Misses for NFC in 2014; Project Backers Look to Recover Momentum in 2015

Jan 7 2015

NFC Times Exclusive – While the NFC industry saw a breakthrough in 2014 with the launch of Apple Pay, the year also was marked by a number of disappointments and missed opportunities.

Banking TSM Joint Venture Announces Launch of Service in Taiwan’s Fragmented NFC Market

NFC Times Exclusive Insight: TAIPEI, Taiwan – Taiwan’s banking joint venture, Taiwan Mobile Payment Co., as expected, announced the launch of its TSM service Tuesday, with at least 32 Taiwanese banks planning to make their Visa- and MasterCard-branded payment cards available to be downloaded and provisioned by the TSM.

Taiwan’s Telco TSM Joint Venture Announces Launch Plans, but Faces Market Challenges

Dec 30 2014

NFC Times Exclusive Insight: TAIPEI, Taiwan – Taiwan’s mobile operator TSM joint venture Thursday announced plans to launch NFC service in the second quarter, following a trial within the next few months–though it remains to be seen when the JV will be ready for a full-scale commercial launch.

RBC: HCE Pilot to Lead to 2015 Commercial Launch; But Bank Says it Will Keep Hybrid Payments Service

NFC Times Exclusive – The Royal Bank of Canada plans a commercial launch of host-card emulation in 2015 following a small employee pilot of HCE payments, but declined to specify a date, head of payments innovation Jeremy Bornstein told NFC times in an interview.