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Technology Stocks : NXP Semiconductor

NXPI 210.39

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From: JakeStraw	9/27/2016 8:42:55 AM
	of 78

NXP and Xiaomi Usher in Era of Secure Tap-to-Pay for Mobile Transit and Contactless Payment in China finance.yahoo.com With Xiaomi introducing a mobile phone equipped with NXP’s Near Field Communications (NFC) and eSE earlier this year, the two companies collaborated to deliver secure, convenient mobile transit experiences in China’s cities. Since initial launch of the mobile transit services in Shanghai and Shenzhen in June, activation rates achieved double digit growth among commuters. And earlier this month, the two companies successfully extended the adoption of the Mi Pay app in both banking and public transportation cards for the launches of mobile transit services in Beijing, Guangdong Province, Wuhan and Suzhou.

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