Decline in Secure Interfaces and Power Business Hits NXP Semiconductors' (NXPI) Revenue; Needham & Company Cuts Price Target to $100
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NXP Joins Forces With WCO to Leverage NFC in the Fight Against Global Counterfeiting
October 29, 2015 3:00 AM EDTEINDHOVEN, Netherlands, Oct. 29, 2015 (GLOBE NEWSWIRE) -- NXP Semiconductors N.V. (NASDAQ: NXPI), the world leader in near field communication (NFC) and radio frequency identification (RFID) technologies, today announced that its NFC smart security solutions will be included in the World Customs Organizations (WCO) Interface Public Members (IPM) Connected anti-counterfeiting program. IPM is the WCOs on-line tool to combat counterfeiting by providing customs officers with key operational product information to help them distinguish between genuine and fake products. Over the past year, the WCO has developed IPM Connected, a global network of security solution... More
NXP and Sequent Collaborate to Bring Cards to Mobile
October 28, 2015 1:00 PM EDTEINDHOVEN, Netherlands and SANTA CLARA, Calif., Oct. 28, 2015 (GLOBE NEWSWIRE) -- NXP Semiconductors N.V. (NASDAQ: NXPI), the leader in Near Field Communication (NFC) solutions and Sequent Software, the platform bringing cards to mobile, have announced a collaboration to increase the use of mobile devices in transit, access control and hospitality applications. Sequent has licensed NXPs MIFARE DESFire and MIFARE4Mobile V1.01 and integrated them into the Sequent Platform, allowing consumers to access potentially millions of credentials for use in real-world environments with their mobile devices.
Our new agreement... More
