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	<title>Techistan &#187; Nexus S</title>
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		<title>Mobile Payments to Grow on NFC Chip Sales. NFC chip manufacturer Inside Secure shipped over 10 million units so far this year.</title>
		<link>http://www.techistan.com/mobile-payments-to-grow-on-nfc-chip-sales-nfc-chip-manufacturer-inside-secure-shipped-over-10-million-units-so-far-this-year/</link>
		<comments>http://www.techistan.com/mobile-payments-to-grow-on-nfc-chip-sales-nfc-chip-manufacturer-inside-secure-shipped-over-10-million-units-so-far-this-year/#comments</comments>
		<pubDate>Fri, 28 Oct 2011 07:30:20 +0000</pubDate>
		<dc:creator>omar shaikh</dc:creator>
				<category><![CDATA[Mobile applications]]></category>
		<category><![CDATA[chip maker's]]></category>
		<category><![CDATA[consumer]]></category>
		<category><![CDATA[Google Wallet]]></category>
		<category><![CDATA[handset makers]]></category>
		<category><![CDATA[industry]]></category>
		<category><![CDATA[Inside Secure]]></category>
		<category><![CDATA[Isis]]></category>
		<category><![CDATA[market]]></category>
		<category><![CDATA[mobile device]]></category>
		<category><![CDATA[Nexus S]]></category>
		<category><![CDATA[NFC chip manufacturer]]></category>
		<category><![CDATA[NFC chips]]></category>
		<category><![CDATA[NXP]]></category>
		<category><![CDATA[Research In Motion]]></category>
		<category><![CDATA[rim]]></category>
		<category><![CDATA[smartphones]]></category>
		<category><![CDATA[Sony Ericsson]]></category>
		<category><![CDATA[ZTE]]></category>

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		<description><![CDATA[Inside Secure sold millions of its MicroRead and SecuRead NFC chips to manufacturers like ZTE and Research In Motion, which put them in the latest Curve and Bold smartphones. NFC chip manufacturer Inside Secure shipped over 10 million units so far this year, suggesting adoption of the technology may grow as handset makers find steady [...]]]></description>
			<content:encoded><![CDATA[<img src="http://www.ispeech.org/images/listen.gif" alt="Listen to this Post. Powered by iSpeech.org" title="Listen to this Post. Powered by iSpeech.org" height="18" width="77" style="cursor:pointer" onclick="showPlayer(2,'http://www.techistan.com/mobile-payments-to-grow-on-nfc-chip-sales-nfc-chip-manufacturer-inside-secure-shipped-over-10-million-units-so-far-this-year/')" /><br/>
<iframe style="width:0px;height:0px;border:none;overflow:hidden" frameborder="0" id="ispeech_iframe_2"></iframe><p><a href="http://www.techistan.com/wp-content/uploads/2011/10/A-Google-Mobile-Payment-Service-with-NFC.jpg"><img class="alignleft size-medium wp-image-20350" title="Mobile-Payment-Service-with-NFC" src="http://www.techistan.com/wp-content/uploads/2011/10/A-Google-Mobile-Payment-Service-with-NFC-300x199.jpg" alt="" width="300" height="199" /></a>Inside Secure sold millions of its MicroRead and SecuRead NFC chips to manufacturers like ZTE and Research In Motion, which put them in the latest Curve and Bold smartphones.</p>
<p>NFC chip manufacturer Inside Secure shipped over 10 million units so far this year, suggesting adoption of the technology may grow as handset makers find steady suppliers.</p>
<p>&#8220;Inside&#8217;s NFC chip shipments indicate that this market is achieving significant penetration as more and more mobile device and other consumer electronics device makers begin to integrate NFC functionality into their product offerings,&#8221; said Inside Secure COO Charles Walton.</p>
<p>Few handsets on today&#8217;s market, other than the Nexus S and a handful of RIM and Sony Ericsson smartphones, contain NFC chips.</p>
<p>But that may change as more handset manufacturers begin to climb onboard NFC technology, responding to pressure from industry coalitions like Isis and services like Google Wallet.</p>
<p>Isis, a consortium of credit card makers, carriers and handset makers, seeks to standardize mobile, NFC based payments across the industry.</p>
<p>Isis recently furthered it goal when itjoined the NFC Forum, a regulatory body aiming to set standards end fragmentation in the market.</p>
<p>As Isis draws disparate companies and services together toward adopting NFC, Google Wallet is slowly putting the service into use at select merchants across the country.</p>
<p>Jamba Juice, American Eagle and Macy&#8217;s all offer discounts to those who use their Nexus S phones to purchase goods using NFC payments.</p>
<p>Google Wallet and Isis will need more hardware in the form of NFC equipped phones, however, in order for the technology to gain more traction in the market.</p>
<p>At the time, NXP CEO Rick Clemmer said, &#8220;This latest move from Sony Ericsson is another proof point of the strong momentum and potential of NFC.&#8221;</p>
<p>More handset makers are adopting NFC technology and may soon make NFC based mobile payments a widespread reality, boosting the profits of chip makers betting on the standard to take off in the market.</p>
<p>Broadcom also unveiled a 40-nanometer chip that is reportedly 90 percent more energy-efficient than standard NFC hardware.</p>
<p>It plans to market the technology next year and will likely see high demand given NFC&#8217;s increasing growth, thanks to Isis and Google Wallet.</p>
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