ABI Research Confirms NXP's Leadership in Contactless IC market

November 11, 2009 11:05 AM EST

NXP Rated #1 in Contactless Transaction IC Vendor Matrix for the Third Year in a Row

EINDHOVEN, Netherlands--(BUSINESS WIRE)-- NXP today announced that it has maintained the number one slot in ABI Research's Contactless Transaction IC Vendor Matrix rankings. The survey examines the contactless semiconductor market for payment, ticketing and Near Field Communication (NFC) applications and ranks each of the vendors according their ability to innovate and implement the technology.

In addition to holding the number one position in the overall ranking of contactless transaction IC vendors, analysts at ABI Research also scored NXP the highest in both the innovation and implementation criteria.

"It is the combination of strengths in the contactless IC market that puts NXP atop ABI Research's Contactless Transaction IC Vendor Matrix rankings," said Jonathan Collins, Principal Analyst, Short Range Wireless, ABI Research. "Solid scores across innovation and implementation criteria helped NXP once again secure the leadership position. Market share and market leadership; contactless IC product investment and development; partnerships and support for industry forums; a robust customer base; and support for emerging applications are all key strengths in NXP's approach to contactless transaction ICs that support ticketing, payment and NFC applications."

"At NXP we are committed to provide our partners in the contactless markets around the world with high performance mixed signal-based IC solutions, which deliver best-in-class security and performance for transactions in payment, ticketing and mobile applications," said Ruediger Stroh, General Manager, Identification business, NXP Semiconductors. "ABI Research's Contactless Transaction IC Vendor Matrix has established itself as a tool which gives the market a clear understanding of each of the vendor's strengths within these essential contactless applications areas."

The ABI contactless IC vendor matrix was first published in 2007 and NXP has held the top ranking since the first report. For each report, vendors are selected based on analyst research, vendor interviews and industry feedback from various stakeholders including hardware vendors, integrators, and end-users.

More information on NXP's performance in ABI Research's contactless transaction IC vendor matrix can be found here: www.nxp.com/acrobat/other/news/press_material/abivendormatrix09_nxp_profile.pdf

More information on this years results of the ABI Research Contactless Transaction IC vendor matrix can be found here: http://www.abiresearch.com/press/1543-NXP+Semiconductor+Maintains+Lead+in++Latest+ABI+Research+Contactless+Transaction+IC+Vendor+Matrix+Ranking

About NXP Semiconductors

NXP Semiconductors provides High Performance Mixed Signal and Standard Product solutions that leverage its leading RF, Analog, Power, Digital Processing and manufacturing expertise. These innovations are used in a wide range of automotive, industrial, consumer, lighting, medical, computing and identification applications. Headquartered in Europe, the company has about 29,000 employees working in more than 30 countries and posted sales of USD 5.4 billion in 2008. News from NXP is located at www.nxp.com.

Forward-looking Statements

This release may contain certain forward-looking statements with respect to the financial condition, results of operations and business of NXP and certain plans and objectives of NXP with respect to these items. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements.

    Source: NXP Semiconductors

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