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Financial Times Reports NXP Semiconductor to Provide Secure Near-Field Communications Chips for New iPhone


Apple (NASDAQ: AAPL) is reportedly working with Dutch NXP Semiconductors (NASDAQ: NXPI) to enable pay-by-touch capabilities in the new iPhone 6, according to Financial Times/ According to sources, NXP will provide the secure near-field communications chips to enable the iPhone to connect with payment terminals and ticketing systems.

The iPhone 6 is expected to be announced at the September 9 event announced by Apple on Thursday.

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Posted-In: Financial TimesNews Rumors Tech


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