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.
CEO Rick Clemmer acknowledged a “slow year,” based largely on losing the business for Samsung’s flagship phone, the Galaxy S4, in 2013, after having supplied NFC technology for the two previous Samsung flagships.
As NFC Times has reported, winning back Samsung’s forthcoming flagship, the Galaxy S5, is a key opportunity for NXP.