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Archive: The Market

CPI to lead £10m printable NFC components project

September 24th, 2013

The Centre for Process Innovation, a consortium of major suppliers in the print, electronics and design industries, is to lead a £10m (US$16m) project to create a UK supply chain that will enable the widespread… More

NFC Forum appoints Paula Hunter as executive director

September 18th, 2013

The NFC Forum has chosen Paula Hunter as its new executive director. “Hunter comes to the NFC Forum with more than 18 years of leadership experience in technology association management, marketing, operations, and business development,”… More

Cityzi hits 4m phones

September 12th, 2013

More than four million mobile phone users in France now have a Cityzi compatible NFC handset, French NFC trade association AFSCM reports, an increase of 500,000 since July 2013. “With the advent of 4G, we expect a further acceleration in the rate of adoption for NFC equipment,” says CEO Thibault Dreuille.

ZTE picks Micropross test gear

August 28th, 2013

Smartphone manufacturer ZTE is now using Micropross test equipment for internal pre-certification of its NFC-enabled devices, to ensure they meet EMVCo L1 requirements.

Proxama begins trading on AIM

August 23rd, 2013

Shares in NFC specialist Proxama are now trading on London’s AIM stock market under the ticker symbol “PROX”. “With the market for mobile commerce and particularly mobile contactless payments and engagement ever increasing, we know that the time is right to list on AIM,” says CEO Neil Garner.

NXP predicts flat NFC sales despite loss of key customer

August 7th, 2013

NXP Semiconductors has reported a decline in sales for its ID business in Q2 2013, citing a fall in mobile transaction revenue following the loss of a key customer. Overall, sales for the chip maker’s mobile transaction business “will be roughly flat year-on-year”, said CEO Rick Clemmer in an earnings call. More

Inside Secure doubles NFC sales

August 5th, 2013

Security chip specialist Inside Secure‘s mobile NFC division recorded sales of US$9.5m during Q2 2013, double its sales during the first quarter of the year, according to the company’s latest financial results. “As expected, revenue… More

MasterCard CEO: NFC should be seen as “a longer term effort”

August 5th, 2013

MasterCard CEO Ajay Banga has suggested that NFC should be seen as a longer term effort, while acknowledging that some markets have adopted NFC much faster than others. “I don’t think these are 12 and… More

One in three smartphones now comes with NFC

August 1st, 2013

The number of NFC phones shipped will increase 156% in 2013 to a total of 400m devices globally, according to a new report from Strategy Analytics. This means that one third of the smartphones sold… More

Isis releases pilot test results

July 31st, 2013

Analysis by carrier-owned NFC mobile payments venture Isis of its pilot tests in the cities of Salt Lake City, Utah and Austin, Texas has found that more than 80% of transactions take place at everyday… More

Isis reports NFC phone stats

July 31st, 2013

Close to 20m smartphones in the US are equipped with NFC technology “with millions more being shipped each month”, NFC joint venture Isis has revealed as it announces plans to launch nationally this year. “Thirty-five mobile devices across AT&T Mobility, T-Mobile US Inc and Verizon Wireless currently support Isis and that number will continue to grow. Support for iPhone, Windows Phone and Blackberry 10 is expected to be introduced later this year.”

ABI includes NFC in smartphone feature set winners

July 26th, 2013

NFC has been picked out by analysts at ABI Research as one of four feature set big winners in smartphones this year, along with accelerometers, vision-based gesture recognition and gyroscopes. “NFC has been one of the… More

76% of mobile developers want to use NFC in their apps

July 24th, 2013

More than 31% of mobile developers are supporting NFC in their mobile apps today and an additional 45% plan to support the technology in the next 12 months, according to a Mobile Development Survey released… More

NFC devices now account for 13.32% of mobile web traffic

June 26th, 2013

Mobile web specialist and device detection provider 51Degrees.mobi has released stats that reveal NFC enabled mobile device web traffic has reached 13.32% worldwide. According to the results, detailed in a blog post, the percentage has… More

Verizon and Discover join the NFC Forum

June 19th, 2013

The carrier and financial services provider have signed up to the NFC standards association as principal members, Smartrac has upgraded to principal level and thirteen other organisations have joined for the first time. More

ABI reports NFC chip market shares

June 12th, 2013

A total of 168m NFC controller ICs and 144m NFC secure element chips were shipped in 2012, according to ABI Research, and NXP topped the chip supplier list for both. For NFC controller chips, NXP… More

One in three mobile phones to come with NFC by 2017

June 5th, 2013

Between 2012 and 2017 the installed base of NFC-enabled handsets will increase at a compound annual growth rate of 65% to reach 2.1bn units, according to new research from Berg Insight. “The penetration rate for NFC across all handset segments will similarly increase to approximately 32% by 2017.” More

Gartner cuts NFC mobile payments forecast by 40%

June 5th, 2013

Worldwide mobile payment transaction values will reach US$235.4bn in 2013, a 44% increase on 2012’s $163.1bn, according to a new forecast from Gartner — but NFC transactions will account for a smaller than expected proportion… More

Survey reveals demand for contactless and NFC payments in Dubai

May 21st, 2013

A survey published by digital security specialist Gemalto has shown a high demand for contactless and NFC payments in Dubai, with 85% of those polled saying they would ‘like’ or ‘love’ to use their mobile handset… More

ABI: 125m NFC phones shipped in 2012

May 15th, 2013

A total of 125m NFC phones were shipped in 2012, according to ABI Research, along with 147m NFC secure elements. “There are multiple chip vendors offering a range of product alternatives to OEMs in various… More

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