New kids on the block!
After years of development thanks to investments coming from long standing players in the secure transactions industry, namely NXP Semiconductors and Inside Secure, the NFC market is now attracting newcomers. This week, we have announcements from Qualcomm's first reduced size NFC chip, and at the same time Broadcom Combo chip combining NFC with Wifi, Bluetooth and FM radio.
These announcements do not come as a surprise, as both companies have been increasing their involvement in the NFC field over the last few months. The arrival of Qualcomm and Broadcom in our ecosystem is, of course, a recognition the secure transactions industry is right in investing heavily in NFC. They are also expected to be joined by other big weights such as TI or Marvell.
But these new kids on the block do not belong to the same family:
|2011 results||Sales||Net income||Sales||Net income|
|US$ million||EUR million|
|NXP||4 194||390||3 174||295|
|Broadcom||7 389||927||5 592||702|
|Qualcomm1||19 121||6 109||14 470||4 623|
|1: Qualcomm fiscal year ending on Sept.30, 2012|
Qualcomm, Broadcom and others in their category are bound to use their power to bring changes to our established market structure.
In 2013, we will keep on observing, redacting, analyzing, and bring you the latest news on our industry.