June 28, 2011 08:00 AM Eastern Daylight Time
AIX-EN-PROVENCE, France--(BUSINESS WIRE)--INSIDE Secure, a leader in semiconductor solutions for secure transactions, today announced it has expanded its partnership with ZTE Corporation to integrate INSIDE’s near field communication (NFC) technology into ZTE’s GSM and next-generation TD-SCDMA smartphone platform, which is based on the Android™ OS. The NFC solution INSIDE and ZTE are creating is based on the INSIDE MicroRead® NFC controller and the companion Open NFC™ protocol stack. It will enable consumers in China and elsewhere to use ZTE 3G smartphones for a broad range of secure NFC applications, including payments, transportation, loyalty, ticketing and access control.
“Both Smartphones and feature phones are essential to our long-term success in the global handset market, and NFC is quickly becoming an important component of these platforms”
”We are very pleased to cooperate with a well-known brand handset maker such as ZTE for NFC deployment worldwide,” said Remy de Tonnac CEO of Inside Secure. “Based on our advanced NFC technology, we believe that we can provide an excellent NFC solution to ZTE in China and globally.”
“Today’s announcement is the latest result of our long-term relationship with ZTE in developing NFC solutions for their handset offerings, which now cover GSM 2G and TD-SCDMA 3G networks,” said Simon Hu, chief representative and general manager, Greater China for INSIDE Secure. “We look forward to strengthening our partnership with ZTE to provide best-of-breed NFC solutions as they develop more high-value handsets and continue to expand their operations throughout China and other regions.”
Now one of the top five handset vendors globally, China’s ZTE Corporation recently indicated that it had sold 90 million handsets in 2010. ZTE has recently started making inroads in Western Europe, where ZTE reported its fastest growth, as well as in Japan and the U.S.
“Both Smartphones and feature phones are essential to our long-term success in the global handset market, and NFC is quickly becoming an important component of these platforms,” said Wang Yongzhong, general manager of GSM and UMTS handset products at ZTE Corporation. “Our ongoing partnership with INSIDE Secure gives us access to mature, proven NFC technologies and superior support that enables us to bring our handsets to market quickly and cost effectively.”
A third-generation product that sets a new standard for ease of integration, the MicroRead NFC controller offers a broad range of NFC options and provides the capacity to implement any secure element, including SIM, SE or SD card, to support any business model.
Winner of the prestigious SESAMES Innovation Award, Open NFC has received significant industry support from a broad array of participants in the NFC ecosystem.
About ZTE
ZTE is a publicly-listed global provider of telecommunications equipment and network solutions with the most comprehensive product range covering virtually every sector of the wireline, wireless, service and terminals markets. The company delivers innovative, custom-made products and services to over 500 operators in more than 140 countries, helping them to meet the changing needs of their customers while achieving continued revenue growth. ZTE’s 2010 revenue led the industry with a 21% increase to USD10.609 billion. ZTE commits 10 percent of its revenue to research and development and takes a leading role in a wide range of international bodies developing emerging telecoms standards. A company with sound corporate social responsibility (CSR) initiatives, ZTE is a member of the UN Global Compact. ZTE is China’s only listed telecom manufacturer, publicly traded on both the Hong Kong and Shenzhen Stock Exchanges (H share stock code: 0763.HK / A share stock code: 000063.SZ). For more information, please visit www.zte.com.cn.
About INSIDE Secure
INSIDE Secure is a leading designer, developer and supplier of semiconductors, embedded software and platforms for secure transactions and digital security. INSIDE mobile NFC, secure payment, and digital security products provide security for a wide range of information processing, storage and transmission applications. The company’s customers are found in a wide range of markets including mobile payment, identification documents, access control, transit, electronic device manufacturing, pay television and mobile service operators. As a fabless company, INSIDE shipped nearly 400 million semiconductors in 2010, ranking it among the leaders in most of its markets. For more information visit http://www.insidesecure.com.
