Samsung, Philips Partner for Cell-Phone Payments
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Samsung Electronics and  Philips Electronics (NYSE: PHG) have formed an alliance to put near-field communication (NFC) technology in future  cell phone models from Samsung, giving users the ability to use their  mobile phones to make credit-card or debit-card payments. The companies said that Samsung plans to incorporate NFC in other devices as well.
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Partnership will produce secure processor that enable mobile phones to be used for "contactless payments."
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Korea-based Samsung is preparing to develop mobile devices that use Philips (NYSE: PHG) NFC chips, as the two electronics giants join forces to push a nascent touch-based wireless technology called "near field communication" (NFC).
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Swedish telecom equipment maker  Ericsson  and Japan's electronics giant Sony   will expand their cooperation beyond cell phones to mobile and  broadband TV, an Ericsson official said on Thursday.
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A pact unveiled at CES around Rhapsody -- a joint venture between RealNetworks and MTV -- and Dutch-based manufacturer Philips looks likely to benefit both sides in the young and promising market of music players.
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A payment system that allows users to spend cash via their handsets is launched across the UK.
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The idea of paying for things by swiping a cell phone near a payment terminal received another boost Tuesday with the announcement that Philips, Nokia and a German train company will launch trials of the technology early next year.
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(InfoWorld) - Several mobile phone operators are collaborating on an initiative aimed at achieving a common approach to short-range wireless technology in mobile phones that can be used for contactless applications such as ticketing and billing. Vodafone Group, TelefÃ³nica MÃ³viles, and China Mobile Communications are among the 14 GSM (Global System for Mobile Communications) operators that have joined a project to enable Near Field Communications (NFC) in wireless handsets, the GSM Association, which is coordinating the project, said Monday. One of the goals is to build on the secure billing and identity relations that operators have with their customers through the SIM (Subscriber Identification Module) card, which is located inside the handset and contains users' unique information. NFC has evolved from a combination of RFID (radio frequency identification) and interconnection technologies. It enables any two devices to connect and exchange information or access services by bringing them together over a distance of a less than 10 centimeters. Earlier this year, the German public transportation authority Rhein-Main-Verkehrsverbund (RMV)Â launched one of the world's first commercial wireless ticketing servicesÂ based on NFC technology, in collaboration with Nokia, Koninklijke Philips Electronics, and Vodafone. But a broad rollout of NFC has been hampered by a lack of clearly defined NFC standards to ensure international interoperability, according to the GSM A. Its NFC project aims to help create standards by developing business cases and user requirements that will be incorporated in a white paper for consideration by standardization bodies, including the NFC Forum and the European Telecommunications Standards Institute (ETSI). The NFC Forum, which promotes the standardization and implementation of this new short-range wireless technology, was launched by Philips and Sony, which jointly developed NFC. Additional information is available here. Â
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High-level executives from Japan's Sharp  Corp. (6753.T) traveled to South Korea last week to visit  LG.Philips LCD Co. Ltd. (034220.KS), as Philips  seeks  a buyer for its 32.9 percent stake in the Korean LCD firm,  Taiwan media reported on Friday.
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Sony Corp. and Samsung Electronics said on Tuesday they had agreed to share patents on basic technology to speed up product development and avoid adding to a growing number of cross-border patent disputes.
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Samsung Electronics Co. said Monday that it has agreed to a cross-licensing agreement on patents with Sweden's LM Ericsson in wireless communications technology.
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Sony Corp. and Samsung Electronics Co. Ltd. said Tuesday that the two companies have signed a patent cross-licensing agreement, which excludes certain key technologies.
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Samsung Electronics plans to enter the lower-end market for mobile phone handsets to compete more effectively with Nokia, the market leader.
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SEOUL (XFN-ASIA) - Samsung Electronics Co Ltd said that its US unit Samsung Semiconductor Inc has decided to allot 100 mln usd as provision against possible losses that may arise from the US government&#39;s anti-trust investigation into the company.
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Nokia has joined forces with competitors Samsung and Sony Ericsson as well as memory chip makers Micron, Spansion, STMicroelectronics, and Texas Instruments to promote a single flash storage technology for mobile phones.
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Investor's Business Daily - Philips Electronics  , Samsung and Sony   are among the big companies at this week's Consumer Electronics Show showing off products like HDTVs and mobile phones that emphasize style and elegance as differentiators.
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Dutch electronics group Philips is to  partner digital media company RealNetworks in online music in a  move to bolster its position in North America and help revive  RealNetworks' music business.