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NXP Semiconductors and Sony Plan Joint Venture for Contactless IC Business.


Creators of Near Field Communication Technology Team Up to Develop Secure Chips for Contactless Transactions

EINDHOVEN, The Netherlands & TOKYO -- NXP Semiconductors NXP (for Next eXPerience) Semiconductors is the name for the new semiconductor company founded by Philips as announced by its CEO Frans van Houten to its customers and employees in Berlin on Thursday night 2006-08-31 and to the global media early on Friday morning , formerly Philips Semiconductors, and Sony Corporation have signed a memorandum of understanding A Memorandum of Understanding (MoU) is a legal document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action and may not imply a legal commitment.  (MOU (Minutes Of Usage) A metric used to compute billing and/or statistics for telephone calls or other network use. ) to establish by mid-year 2007 a joint venture (JV) that will drive global adoption of contactless smart card A smart card that uses radio frequencies to provide a wireless connection to the reader. The transmission range is only a couple of inches, but allows the card to be quickly passed by a reader in applications such as secured entrances. See smart card and UltraCard.  applications in mobile phones. The anticipated JV will plan, develop, produce and market a secure chip that will include both MIFARE([R])and FeliCa[TM] operating systems Operating systems can be categorized by technology, ownership, licensing, working state, usage, and by many other characteristics. In practice, many of these groupings may overlap.  and applications, as well as other contactless card operating systems and applications.

By combining this secure chip with an NFC NFC
abbr.
National Football Conference
 chip a universal contactless IC platform can be created for mobile phones. As a result, mobile device manufacturers and service providers around the world will be able to design products and services which are compatible with the different contactless IC protocols and operating systems that are already deployed in different countries. Therefore consumers will be able to enjoy multiple applications such as payment and transport ticketing from various service providers on one device.

Marc de Jong De Jong is the most common Dutch surname. Many people bear this name, including many important historical figures. Some of these people are mentioned below.

De Jong may mean:
  • Petrus de Jong, prime minister of the Netherlands from 1967 until 1971
, Executive Vice President and General Manager, NXP Semiconductors, said: "This joint venture signals the evolution of interoperable The ability for one system to communicate or work with another. See interoperability.  mobile services, regardless of technology platform or geography. Combining MIFARE and FeliCa contactless technologies in a single chip opens a vast array of opportunities for consumers using the technologies, as well as for developers creating new applications for global markets. Soon service providers will be able to roll out great new services to end users on a global scale, ensuring a broad range of offerings to keep customers happy wherever they are."

Mr. Hiromasa Otsuka, Corporate Executive and SVP SVP S'il Vous PlaƮt (French: Please)
SVP Senior Vice President
SVP Schweizerische Volkspartei (Swiss People~s Party)
SVP Society of Vertebrate Paleontology
SVP Social Venture Partners
SVP St Vincent de Paul
, Sony Corporation, commented: "With FeliCa, Sony has established a contactless IC business model whereby mobile phone wallet services are deployed in multi-application, multi-handset and multi-carrier modes. The new JV will introduce customers around the world to a new lifestyle where simply touching a terminal with a mobile phone gives access to a wide range of services. And it will contribute to Sony's vision of a network consumer electronics entertainment world."

NFC is a combination of contactless identification and interconnection technology that enables wireless short-range communication between mobile devices, consumer electronics, PCs and smart objects. NFC has proven popular in trials around the world. Its interoperability with MIFARE, FeliCa and ISO (1) See ISO speed.

(2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI.
14443 infrastructures promises to make mobile phones become wallets and transport tickets.

MIFARE is the most widely installed contactless smart card technology in the world with about 1.2 billion smart card chips and more than seven million reader modules sold. Current shipments of FeliCa ICs stand at 170 million units and of these 30 million are mobile FeliCa chips for use in mobile phones in Japan. Sony is creating a unique business model for the use of contactless IC for mobile phones. NXP NXP Next Experience (formerly Philips Semiconductors)  and Sony will individually offer chips and applications based on their respective technology platforms, MIFARE and FeliCa, while both companies will continue to develop NFC technologies jointly.

About NXP

NXP is a top 10 semiconductor company founded by Philips more than 50 years ago. Headquartered in Europe, the company has 37,000 employees working in 20 countries across the world. NXP creates semiconductors, system solutions and software that deliver better sensory experiences in mobile phones, personal media players, TVs, set-top boxes The cable TV box that sits on "top" of the TV "set," although it is often located several feet away in an equipment rack. The set-top box descrambles the premium channels and provides a tuner for the higher cable numbers that very old TVs did not support. , identification applications, cars and a wide range of other electronic devices. News from NXP is located at www.nxp.com.

About Sony Corporation

Sony Corporation is a leading manufacturer of audio, video, game, communications, key device and information technology products for the consumer and professional markets. With its music, pictures, computer entertainment and on-line businesses, Sony is uniquely positioned to be the leading personal broadband entertainment company in the world. Sony recorded consolidated annual sales of approximately $63 billion for the fiscal year ended March 31, 2006. Sony Global Web Site: http://www.sony.net/

Forward-looking Statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 

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.

Mifare is a registered trademark of NXP Semiconductors

FeliCa is a registered trademark of Sony Corporation

Other trademarks are property of their respective owners
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 20, 2006
Words:746
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