Shanghai, China, November 2, 2015 – NXP Semiconductors NV (NASDAQ: NXPI), the global technology leader in mobile payment solutions, today announced that it will be held on October 30th at Shenzhen Tong Co., Ltd. Pengcheng Jieyi-Shenzhen Tong NFC Business Conference", using NXP's leading NFC mobile payment solutions, Meizu, OPPO and other smart phones, is the first to support the Shenzhen-based bus electronic payment system NFC mobile payment application type. As the leader of the public transportation system in China's major cities, Shenzhen Tong began to deploy and implement NFC mobile payment services on a large scale.
(Photo shows Mr. Zhang Qiu-Ming, general manager of NXP Semiconductors' mobile phone sales business in Greater China, attended the conference and delivered a keynote speech entitled "Peng Tao: Mobile Phone NFC Pay-as-you-go")
According to IHS Technology's forecast [1], shipments of NFC-enabled handsets will increase from 444 million in 2014 to 756 million in 2015, and will rise to 2.2 billion by 2020. At the same time, NFC payments have gradually become a more popular form of payment. Smartphone users of NFC eSE series chips can download the latest version of “Peng Tao†APP in the App store or Android market, and then use the smart phone instead of the traditional Shenzhen Pass bus, take the subway, bus and other public transportation, and pass through Shenzhen. Convenience stores supported by the system make payments and easily implement more secure online account management, mobile recharge and more.
"Shenzhen Tong" convenient NFC mobile payment application thanks to its use of NXP PN6xT series chip security connection solution: PN6xT set highly secure Smart MX2 component (P61), short-range wireless communication (NFC) RF, operation System and security features in one. It can be widely used in mobile devices such as smartphones and wearable devices to enable the convergence of many transaction-related applications, including mobile payment, access control, public transportation and authentication.
As a strategic partner of Shenzhen Tong NFC business, Tian Mochen, Vice President of NXP Semiconductors Greater China, expressed his congratulations to the Shenzhen NFC Business Conference: “With the philosophy of “Science and Technology Inspire Innovation, Cooperation for Win-Winâ€, NXP continues to Investing in the world's leading technology resources, actively fulfilling the commitment to support the development of local industries, and striving to provide a safer and more convenient smart-connected semiconductor solution for the fast-growing Chinese market. Through cross-border with 'Shenzhen Tong' and many Chinese smartphone manufacturers Strategic cooperation, we successfully realized the 'Shenzhen Tong' public transport electronic system NFC mobile payment, and made efforts to jointly promote the improvement and development of China's urban mobile payment ecosystem, and moved towards the vision of the market goal of 'smart life, safe connection'. An important step."
Wang Dongjun, general manager of Shenzhen Shenzhen Tong Co., Ltd. said: “NXP’s solution provides comprehensive security for NFC mobile payment for the “Shenzhen Tong†public transportation and electronic payment system. “Shenzhen Tong†is very happy to Collaborate with leading companies in mobile payment technology such as NXP to improve the NFC mobile payment ecosystem. This cooperation will not only help 'Shenzhen Tong' improve service quality, improve management efficiency, but more importantly provide Shenzhen citizens with Innovative services and new ways to travel."
As a co-inventor of NFC technology and a global leader in security and identity, NXP has long been committed to the application and promotion of NFC mobile payment technology, with particular emphasis on cooperation with China's urban public transportation system. By providing innovative and secure NFC secure connection technologies and solutions, China's urban transportation system can be deployed to more easily and comprehensively deploy NFC secure mobile transaction applications, ultimately helping China achieve its vision of “smart cityâ€.
About NXP Semiconductors
NXP Semiconductors (Nasdaq: NXPI) solutions are designed to help people achieve "smart life, secure connections." Based on its expertise in high-performance mixed-signal electronics, NXP continues to drive innovation in connected vehicles, security devices, portable and wearable devices, and IoT applications. NXP has business executives in more than 25 countries around the world. In 2014, the company's turnover reached US$5.65 billion.
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[1] World Shipment of NFC-enabled Cellular Handsets, IHS Technology, June 2015
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