Topic “NXP Semiconductors”

Sony Ericsson to Support NFC in Future Android Phones

Jun 16 2011

Sony Ericsson is the latest smartphone maker to commit to NFC, with NXP Semiconductors announcing today that the Japanese-Swedish phone vendor has chosen NXP’s NFC chips for its Android-based Xperia phones.

NXP CEO Says Google Wallet To Double Company's NFC Chip Sales

Google Inc.'s mobile payment system will help to double sales of NXP Semiconductors NV's near-field communication chips in the next couple of years, but other technological developments promise higher growth rates, according to the Dutch firm's chief executive. (Dow Jones)

Infineon to Focus on Market for NFC Secure Elements

By: 
Dan Balaban

Germany-based chip maker Infineon Technologies has no plans to join its rivals in producing NFC chips–instead focusing on secure elements that can store payment and other applications in NFC phones.

Inside Secure Reportedly Hires Banks for Planned IPO

France-based NFC chip supplier Inside Secure has reportedly hired two investment banks to help it prepare for an initial public offering.

NXP CEO: Google Has High Hopes for Android NFC Shipments

NFC phone shipments could approach 100 million units this year if Google’s rosy projections for Android NFC smartphone shipments come to pass, NXP Semiconductors CEO Richard Clemmer said during a conference call following release of the chip maker’s first quarter results.

Most NFC Phones to Pack Embedded Chips

Apr 29 2011

The majority of NFC phones will come with embedded secure chips that can store applications, say research analysts–projections that will not come as welcome news to many mobile operators.

U.S. Contactless Card Vendor Adds NXP as Chip Supplier

CPI Card Group, the largest supplier of contactless payment cards in the U.S. market, has announced it would begin buying contactless chips from NXP Semiconductors, which would represent a new second source of supply.

Report: NXP Not in Talks for Sale, Says CEO

Reuters is reporting that Dutch chip maker NXP is not in talks , its chief executive said on Friday, although he would consider an offer like the one Texas Instruments Inc made for National Semiconductor Corp.

Mobile Trade Group Calls for More NFC Standards

Mobile trade group the GSMA today announced that major mobile operators "have voiced their commitment" to launch NFC and called for more standards to ensure interoperability of NFC services.

Chip Makers: Tens of Millions of NFC Phones Expected in 2011

Major NFC chip makers predict 40 million to 50 million NFC phones or more will be on the market by the end of 2011, along with a smaller number of NFC bridge devices.

HEADLINE NEWS

Networks: Contactless Transactions Soar as Pandemic Takes Toll on Cash

NFC TIMES Exclusive Insight – In announcing their respective quarterly results this week, both Visa and Mastercard, as expected, discussed the major disruption that Covid-19 is wreaking on the payments business. But they also noted that there is one unexpected victim of the pandemic: cash.

Prompted by Pandemic Fears, Last of Australia’s Big Four Banks Ends Apple Pay Holdout

May 12 2020

NFC TIMES Exclusive Insight – Citing the increased demand for cashless payments because of the Covid-19 pandemic, Westpac today became the last of Australia’s big four banks to adopt Apple Pay, ending a four-year holdout that had lasted months, even years longer than its major rivals.

Insight: MaaS Backers Believe New Mobility Platforms Could Help Transit Providers Win Back Their Customers’ Trust

NFC TIMES Exclusive Insight – With Covid-19 lockdowns causing mass transit ridership in many cities to virtually fall off a cliff–with such cities as London, New York and San Francisco reporting drops of more than 90%–transport providers worry that some riders may not come back, even after the pandemic ends.

In-Depth: Government Regulation of Mobility-as-a-Service Seen as Necessary to Encourage Widespread Adoption

Apr 16 2020

NFC TIMES Exclusive Insight – Government legislation will likely be needed for widespread adoption of Mobility-as-a-Service, or MaaS, to occur, according to UK-based Juniper Research, which believes that the regulations will be necessary to force MaaS providers, including transit service providers, to work together, as well as to persuade users to get out of their cars to cut carbon emissions.

Apple Pay Expands Support for Interoperable Closed-Loop Transit Cards in China, Though Not First NFC Pays Wallet to Do So

NFC TIMES Exclusive Insight – Apple on Wednesday expanded support for closed-loop transit payments across China, incorporating China’s T-Union interoperable transit cards in its Apple Pay service.

Insight: Virus Adds Urgency to Increasing Contactless Limits but Won’t Necessarily Drive Growth in Acceptance

NFC TIMES Exclusive Insight – While the Covid-19 virus outbreak is building awareness for contactless and NFC payments and is accelerating the increase in already low contactless transaction limits in Europe, it remains to be seen how much it will convince more merchants to accept contactless in the U.S.

Exclusive: After 10 Months, Sales of Public Transit Tickets in Uber App Still Make Up Small Share of Mobile Ticketing in Denver

Mar 24 2020

NFC TIMES Exclusive – Since last May, when ride-hailing service Uber officially began enabling customers to book and pay for public transit tickets in Denver directly in the Uber app, use of the service remains relatively low, accounting for less than 3% of all mobile tickets purchased by customers of Denver public transit agency RTD, NFC Times has learned.

Former Garmin Pay Technology Providers Sue Device Maker Claiming Unpaid Millions, Though Offer Scant Proof of Claims

NFC TIMES Exclusive –  The founders of former payments wearables provisioning company Fit Pay, which was acquired last September for $3.3 million by smartwatch and fitness band maker Garmin, have sued the device maker and two other parties, claiming they are owed millions in missed earn-out payments.

Helsinki to Roll Out Multimodal Contactless EMV Fare Payments, with Plans for Daily and Weekly Fare Capping

Mar 12 2020

NFC TIMES Exclusive Insight – The Helsinki Regional Transport Authority plans to accept contactless EMV payments on its multimodal system, including its buses, metro, trams and ferries. The rollout, expected to be completed in 2023, will also support daily and weekly fare capping.  

Transport for London’s Lucrative Sponsorship Deal with Google Shows Value of ‘Point of Sale’ Real Estate at Fare Gates

NFC TIMES Exclusive insight – Transport for London’s recent deal with Google to put the Google Pay Logo on more than 5,600 contactless gate readers across the large London Underground network is not the first time that the London transit authority has rented out its prime payments real estate to sponsors. Nor is it the only transit agency that has profited from sponsorship deals tied to its contactless EMV transit payments services. 

Amazon Launches Largest Checkout-Free Store; Clerks and POS Terminal Vendors Need Not Worry…Yet

NFC TIMES Exclusive Insight – Ecommerce giant Amazon expanded its no-checkout concept to its first “full-sized” supermarket Tuesday, in its headquarters city of Seattle, enabling shoppers to scan an app upon entering, pull products off of shelves and “just walk out,” with hundreds of cameras and numerous sensors having recorded everywhere the shoppers went in the store and everything they put into their shopping carts. A card on file in the app is charged as the customers leave.

Czech Banks See Growing Use of NFC Wallets with Smartphones and Wearables for Contactless Payments

Feb 18 2020

NFC TIMES Exclusive Insight – Banks in the Czech Republic say they are seeing significant and growing use of NFC-enabled smartphones and wearables, ranging from 6% to nearly 25% of all contactless payments–three banks told NFC Times–although a large majority of consumers continue to tap their contactless cards, not NFC devices, for in-store payments.