Gemalto Q3/2012 revenue is up 11%
Gemalto revenue per segment
|Machine to Machine||43||48||+3%|
|Unaudited - Change is shown at constant exchange rates|
Gemalto says its Platforms & Services revenue increased by +23% at constant exchange rates compared to the previous year. The growth came mainly from the delivery of Trusted Service Management (TSM) projects for mobile payment services and from record levels of remote activation services of 4G-LTE mobile devices subscriptions.
Embedded Software & Products revenue grew by +15% at constant exchange rates supported by a surge in demand for 4G-LTE and the new 4FF form factor for recently launched mobile devices.
Machine to Machine
In the machine-to-machine segment, solid revenue growth in the Americas and in Asia more than compensated for slower activity in Western Europe.
Secure Transactions revenue is fuelled by the demand for EMV technology and associated personalization services in fast-growing economies, as does the global demand for mobile payment solutions.
Revenue in Security grew both in Government Programs and in Identity & Access Management. The deployment of electronic identity programs in both developed and fast-growing economies continued to support the Government Programs activity. The demand from financial institutions that reinforce the security of their eBanking services through stronger authentication solutions drove the solid performance of Identity & Access Management.