Infineon to supply Mastercard with payment chips
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Germany's Infineon Technologies AG   won a deal to supply Mastercard Inc  with  chips for contactless payment cards which are being introduced  in 13 countries, Infineon said in a statement on Friday.
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(InfoWorld) - Infineon Technologies has opened its first chip plant in Asia, a $1 billion facility located in Kulim, Malaysia. The Kulim plant will produce power and logic chips used in automotive and industrial applications, Infineon said. The factory will use 200-millimeter wafers to produce these chips, one generation behind the 300-millimeter wafers used by the most advanced chip plants currently in operation. The Kulim plant will have a monthly production capacity of 100,000 wafers and employ a staff of 1,700 when production reaches full capacity, Infineon said. The products that will be produced at Kulim include Infineon's CoolMOS and Smart-Power chips. CoolMOS chips are used in power supplies for PCs and servers as well as in mobile-phone battery chargers to improve power efficiency and reduce heat, Infineon said. The Smart-Power chips are used in automotive applications, finding their way into a range of systems, including anti-lock brakes and airbags.
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Verizon Wireless says it will offer its customers a mobile payment service that lets them use their cell phone as a credit card.
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Germany's biggest chipmaker Infineon Technologies AG on Tuesday launched a $1 billion power semiconductor plant in Malaysia, marking its first foray into Asia.
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Infineon, the German maker of computer chips, said it planned to invest one billion dollars (750 million euros) in building a new production plant in Kulim High Tech Park, Malaysia.
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The Intel rival known for its Athlon PC and Opteron server processors announced on Tuesday plans to tap Chartered Semiconductor Manufacturing, a contract manufacturer, for extra chip-production capacity.
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Increased demand for memory chips used in computers, portable media players, and other consumer electronic devices helped Infineon TechnologiesÂ offset a first-quarter drop in sales in the German chip maker's communications products.
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The memory chip manufacturer will use technology from Eye-Fi to add network connectivity for users of its own memory cards.
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Motorola plans to carry out a trial of cell phones incorporating MasterCard&#39;s PayPass contactless payment technology. The cell phones will enable customers to make payments by positioning
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MasterCard Inc., the world&#039;s No. 2  credit-card association, is set to price its initial public  offering later on Wednesday amid expectations of strong demand  for one of the financial services industry&#039;s top brands.
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The German chip maker Infineon finally gave the green light for shares in its memories unit to be floated on the stock market, a move the group hopes will reinforce its bottom-line.
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(InfoWorld) - Nokia, one of the first handset makers outside Japan to turn a phone into a wallet, now wants to sell services that will make these kinds of devices useful. But the Finnish mobile equipment giant isn't doing so directly. Instead, it has formed what it calls an independent third party, a joint venture with Germany's Giesecke & Devrient, which makes smart cards. The venture, Venyon Oy, based in Helsinki, was launched in December and is about to open a Singapore office to complement locations in Munich and Dallas, according to Chief Executive Officer Lauri Pesonen. The mobile phone payments Venyon wants to facilitate are based on NFC (near-field communication), which uses an RFID (radio-frequency identification) chip and antenna to exchange information with a payment station from a range of a few centimeters. Typically it would involve tapping the phone against a subway turnstile, a vending machine, a payment device at a checkout stand, or another phone, Pesonen said. Phones are perfect for payment because people carry them almost everywhere, Pesonen told journalists at an event in San Francisco on Wednesday. NFC is already available on some credit and debit cards, and NFC phones will get cheaper when they no longer need a separate smart card for the feature. Such phones should hit the market next year, he said. Like 3G (third-generation) mobile data services, NFC first got off the ground in Japan with slightly different technology, in this case Sony's FeliCa system. Now big names including Sony, Microsoft, Hewlett-Packard, Visa International Service Association, and MasterCard International are backing the technology through the NFC Forum and there are trials taking place in several places around the world. But outside Japan and South Korea, there are few phones equipped to use it. Venyon isn't aiming at the hardware end of the problem but at the need for an infrastructure through which retailers and financial services companies can work with carriers and handset makers. Although standards bodies are working on specifications for this, Venyon is worried that the market will be in full swing by the time those standards are finished. If each set of partners develops its own technology, fragmentation would slow down adoption, Pesonen said. Venyon is offering services to support mobile NFC applications that can be downloaded and managed over the air. For example, a service that lets the user prepay for subway rides would involve the transit operator, the mobile carrier, a financial institution and software that needs to be downloaded to the phone. Venyon would provide that service behind the scenes, Pesonen said. OvumÂ  analyst Roger Entner thinks many people eventually will embrace payment by phone for its convenience. The practice might be even more popular in countries where consumers don't yet have credit cards, he added. But Entner is less worried than Venyon about fragmentation. The company wants to jump out ahead and grab market share, but more competitors means better ideas, he said. "I have great trust in the market forces," Entner said. NFC could well succeed but faces an uphill battle in the U.S., in the view of analyst Clay Ryder at Sageza Group. Fewer U.S. consumers make small, daily payments on transit systems. Phone payments initially would appeal most to people in their early 20s, he said.
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German computer chip maker Infineon Technologies AG has agreed to plead guilty to price fixing and will pay a $160 million fine, the Justice Department said yesterday.
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German semiconductor manufacturer Infineon  said on Tuesday it signed an agreement to develop a new multi-mode, single-chip 3G radio frequency (RF) transceiver based on its own SMARTi UE chip.
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The head of the world&#39;s largest contract chip manufacturer said Thursday it will cost an estimated $1 billion (euro 776 million) for his company to develop the latest chip production technology.
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NTT DoCoMo Inc., Japan's top mobile phone  operator, plans to offer electronic payment services at  McDonald's Holdings Co. (Japan) outlets, with special  promotions for some users.
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Infineon and ProMOS have finally ended a long running argument over licensing for DRAM chips. The two were part of a joint venture with Mosel Vitelic which ran from 1996.