Mobile Payment Magazine

  • The Basics
  • News
  • Research
  • Events
  • Company Profiles
You are here: Home / News / NXP Lowers Outlook for NFC as Mobile-Payment Growth Slows

NXP Lowers Outlook for NFC as Mobile-Payment Growth Slows

July 29, 2011 by Mobile Payment Magazine

NXP Semiconductor NV, Europe’s third-largest chipmaker, lowered its outlook for near-field communication chip shipments in 2011 as mobile-phone operators expand wireless payment systems more slowly than expected. NXP, based in Eindhoven, Netherlands, now sees NFC deliveries at the lower end or “perhaps even slightly below” an initially predicted range of 40 million to 100 million units, Chief Executive Officer Richard Clemmer said on an analyst conference call late yesterday.

Read more, via Bloomberg.

Related

Filed Under: News Tagged With: MobilePayment, NFC, NXP

STAY INFORMED

Twitter: MobilePmnt

Tags

American Express android Apple Apple Pay AT&T Bank of America boku China Facebook Gemalto google Google Wallet Intuit iPhone Isis MasterCard mFoundry Microsoft mobile banking mobile commerce mobile conferences mobile conferences 2011 MobilePayment Mobile Payment Research 2015 MobilePayments mobile wallet NFC Nokia Obopay Orange PayPal Research and Markets Samsung SMS Sprint Square Starbucks T-Mobile Unbanked VeriFone Verizon Visa Vodafone Wells Fargo Zong
  • Home
  • About Us
  • Copyright & Terms
  • Contact