NXP, the semiconductor company founded by Philips, and STMicroelectronics, a provider of smart card chips, announced a global strategic licensing agreement for NXP’s MIFARE technology.
The licensing agreement enables STMicroelectronics to integrate the MIFARE family into its security solutions for mobile phone and banking applications. It will facilitate the convergence of the MIFARE infrastructure and Near Field Communication (NFC) enabled mobile devices.
ST will also include MIFARE Classic and MIFARE DESFire technology into its leading (U)SIM card ICs and other embedded secure solutions for the mobile phone market, as well as into security solutions for PC readers and banking card ICs. The licensing agreement provides operators and device vendors with availability of contactless smart card ICs incorporating the MIFARE technology used in public transport networks, ticketing systems and access management worldwide.
The agreement is designed to drive NFC-based services, such as electronic ticketing and payment, as well as advanced contactless banking cards. These applications will deliver enhanced consumer convenience and user-friendliness while allowing mobile network operators to increase average revenue per user.