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.
The higher shipments are no doubt a result of NXP’s contracts to supply chips to manufacturers of Android NFC phones, especially Samsung Electronics, maker of the popular Galaxy S III smartphone, which has already topped sales of 20 million units this year. The Galaxy S III also includes an embedded secure element made by NXP.
NXP President and CEO Richard Clemmer released the rough NFC sales figures during a conference call with financial analysts Thursday, following the release of the chip maker’s third quarter earnings report.