Topic “Richard Clemmer”

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.

NXP Notes NFC Design Wins for 200 Smartphone and Tablet Models

NXP Semiconductors said that 200 smartphone and tablet models are in the pipeline carrying its NFC chips–with about 40% of them either already in production or “moving toward production over the (next) few quarters.”

NXP Discloses Design Wins for More than 130 NFC Handsets and Tablets

NXP Semiconductors CEO Rick Clemmer said the chip maker has notched design wins for more than 130 handsets and tablets, giving it an “Intel-like” market share for the number of devices being designed with NFC chips.

NXP Boasts of Design Wins for 90 NFC Devices, but Declines to Project Shipments

NXP Semiconductors has announced it has design wins for more than 90 mobile phone models and tablets, a substantial increase from last quarter.

Experts Not Surprised By Falling NFC Phone Forecast for 2011

Aug 12 2011

NXP Semiconductors' sharply lower forecast for NFC phone shipments for 2011 comes as little surprise to many, who point to delays in handset shipments and failure by many mobile operators to firm up their NFC business plans.

NXP Lowers Projection for 2011 NFC Phone Shipments

Jul 29 2011

NXP Semiconductors, the largest supplier of NFC chips, has lowered its projection for total NFC phone shipments for 2011 to 40 million or less–substantially lower than the 70 million it had been projecting.

NXP Semiconductors

Headquarters: 
Netherlands

Co-creator of NFC with Sony, NXP's partnership with Google announced in late 2010 has given it a dominant position in shipments for NFC chips for Android phones.

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.

HEADLINE NEWS

Australian Transit Agency to Launch Mobility-as-a-Service Trial as It Pursues Long-Term MaaS Strategy

Plans by Transport for New South Wales, Australia’s largest transit agency, to launch a trial enabling users to plan, book and pay for multimodal rides is the next step toward the agency’s long-ter

Updated: U.S. Transit Agency Seeks to Reduce–Though Not Eliminate–Cash Acceptance with New Fare-Collection System

Updated: The Spokane Transit Authority in Washington state confirmed that its new fare-collection system will include contactless open-loop payments–with a beta test planned for next October, a spokesman told NFC Times' sister publication Mobility Payments.

UK Government Seeks to Bring London-Style Contactless Fare Payments System to Other Regions

The UK government’s plan to equip 700 rail stations over the next three years to accept contactless open-loop payments is a major initiative, as it seeks to replicate the success of London’s contactless pay-as-you go fare payments system elsewhere in the country–a goal that has proved elusive in the past.

More Cities in Finland Expected to Move to Open-Loop Fare Payments

A fourth city in Finland is beginning to roll out contactless open-loop payments, with “more in the pipeline,” according to one supplier on the project, making the Nordic country one of the latest hotspots for the technology.

Moscow Metro Expands Test of ‘Virtual Troika’ in Pays Wallets, as It Continues to Develop Digital-Payments Services

Moscow Metro is recruiting more users to test its “Virtual Troika” card in two NFC wallets, those supporting Google Pay and Samsung Pay, as one of the world’s largest subway operators continues to seek more ways for its customers to pay for rides.

Ohio Transit Agency Expects Significant Revenue Loss as it Builds Equity with Fare Capping

The Central Ohio Transit Authority, or COTA, officially launched its new digital-payments service Monday, including a fare-capping feature that the agency estimates will cost it $1.8 million per year in lost fare revenue, the agency confirmed to Mobility Payments.

Special Report: Interest Grows in ‘White-Label EMV’ for Closed-Loop Transit Cards

As more transit agencies introduce open-loop fare payments, interest is starting to grow in use of white-label EMV cards that agencies can issue in place of proprietary closed-loop cards for riders who don’t have bank cards or don’t want to use them to pay fares.

Swedish Transit Agency Launches Express Mode Feature for Apple Pay, though Most Ticketing Still with Barcode-Based App

Skånetrafiken, the transit agency serving one of Sweden’s largest counties, announced today it has expanded its contactless open-loop payments service to include the Express Mode feature for Apple Pay.

Major Bus Operators in Hong Kong Now Accepting Open-Loop Payments–Adding More Competition for Octopus

Two more bus operators in Hong Kong on Saturday launched acceptance of open-loop contactless fare payments, with both also accepting QR code-based mobile ticketing–as the near ubiquitous closed-loop Octopus card continues to see more competition.

Moscow Metro Launches Full Rollout of ‘Face Pay;’ Largest Biometric Payments Service of Its Kind

Touting it as the largest rollout of biometric payments in the world, Moscow Metro launched its high-profile “Face Pay” service Friday, as expected, and predicted that 10% to 15% would regularly us

Indonesian Capital Seeks to Expand to Multimodal Fare Collection and MaaS

Indonesia’s capital Jakarta, whose metropolitan area is home to more than 30 million people, is notorious for its stifling traffic congestion. In response, the government metro and light-rail networks and now it is funding an expansion of the fare-collection system to enable more multimodal payments and to build a mobility-as-a-service platform.

Exclusive: NFC Wallets Grow as Share of Contactless Fare Payments and Not Only Because of Covid

Transit agencies that have rolled out open-loop contactless payments are seeing growing use of NFC wallets to pay fares, as Covid-wary passengers see convenience in tapping their phones or wearables to pay.