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

Los Angeles Transit Authority to Support Closed-Loop TAP Card in Both Apple Pay and Google Pay

Jul 17 2020

NFC TIMES Exclusive Insight – The Los Angeles County Metropolitan Transportation Authority, or Metro, plans to introduce an Android version of its TAP closed-loop fare card, with a virtual TAP card for the Google Pay wallet, a Metro spokesman confirmed to NFC Times.

Uber Expands Mobile Ticketing to More U.S. Public Transit Agencies

NFC TIMES Exclusive – As expected, Uber today has expanded support for public transit ticketing in its app again, this time to a consortium of 13 small and mid-tier transit agencies in Ohio and Northern Kentucky–following two other U.S. transit agencies, in Denver and Las Vegas, which have already integrated with Uber–it was announced today. NFC Times had reported the planned move in late May. 

Open-Loop Fare Payments Rollouts Continue Post-Lockdowns, with Italy’s Fourth Largest City Latest to Launch Service

NFC TIMES Exclusive Insight – Another of Italy’s major cities has launched open-loop fare collection, with Turin enabling customers to pay for rides on its one-line metro and certain bus routes by tapping their contactless EMV credit and debit cards, along with smartphones and smartwatches supporting NFC payments services.

Calgary Transit Launches Mobile-Ticketing Service with Plans to Expand to Open Loop

NFC TIMES Exclusive Insight – Canada’s third largest city, Calgary, has introduced its first electronic fare payments service, offering mobile ticketing from a software-as-a-service platform provider, with plans to enable customers to pay for fares with their contactless EMV credit and debit cards and NFC wallets.

As E-Commerce Surges, Major U.S. Payments Networks Announce Plans to Expand Click to Pay Globally

NFC Times Exclusive Insight – As e-commerce continues to grow in importance as Covid-19 lockdowns ease, four major U.S. payments networks announced today they are laying the groundwork to expand their uniform e-commerce checkout platform internationally.

Transit Payments Company Head: Apple and Google Positioned to Take Bigger Piece of Payments Industry

NFC TIMES Exclusive Insight – The head of transit payments gateway and processor Littlepay said he believes that Apple and Google are well-positioned to take a “big bite out of the payment chain,” which could change their relationship with payments networks Visa and Mastercard from one of collaboration to one of competition.

Cubic Expands Agreement with Moovit, Seeking to Drive More Use of Mobile Apps by Transit Agencies

NFC TIMES Exclusive Insight – U.S.-based Cubic Transportation Systems and Israel-based trip planning app provider Moovit, now owned by Intel, have expanded their partnership to develop mobile services for transit agencies, seeking to enable transit customers to “look, book and pay” for multimodal journeys.

Brussels Latest European Capital to Launch Open-Loop Fare Payments

NFC TIMES Exclusive Insight – Major Brussels transit operator STIB-MIVB plans to begin accepting contactless EMV credit and debit cards and NFC wallets on Wednesday, the latest European capital to launch open-loop payments following the success of the technology as demonstrated in London.

In-Depth: Boston Transit Agency Seeks to Put Massive Fare-Collection Project Back on Track

NFC TIMES Exclusive Insight – The massive new fare-collection system planned by Boston’s Massachusetts Bay Transportation Authority, or MBTA, which will include open-loop contactless payments and an expanded closed-loop program, has had trouble getting off the ground. Late last week, the transit agency finalized its “reset” of the project, agreeing to increase the contract by nearly 30% to just over $935 million and to add two more years to the rollout schedule–all in hopes of getting the project back on track.

With E-Commerce Skyrocketing, Tokenized Transactions Expected to Soar, as Well

NFC TIMES Exclusive Insight – As more consumers buy online, and to a lesser extent use mobile wallets for in-store purchases, because of the coronavirus pandemic, tokenized card transactions are expected to increase dramatically.  

Software-as-Service Platforms for Transit Agencies Begin to Support Open-Loop Payments

NFC TIMES Exclusive Insight – In what is believed to be a first, a transit agency in Europe plans to accept contactless credit and debit cards using a third-party software-as-a-service platform this summer, UK-based platform provider Masabi told NFC Times, although the company declined to name the agency. The project is expected to begin as a pilot.

Apple Launches Overdue Octopus Payments Service in Hong Kong, as It Continues to Seek More Transit Applications for Wallet

NFC TIMES Exclusive Insight – Apple today finally launched its Octopus transit payments service in Hong Kong on Apple Pay, nearly a year after the service was originally announced and more than two years after rival Samsung introduced a similar service in the market.