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NXP consolidates top slot in global ID market

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CIOL Bureau
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SINGAPORE: NXP Semiconductors recently announced that it has extended its lead in the global Identification market, after eight quarters of consecutive growth in total sales across all market segments using Identification technologies.

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With its focus on developing end-to-end solutions for security, convenience and connectivity, as well as its strategy of building entire ecosystems for ID applications, NXP is a clear leader in key segments including eGovernment, transportation and access, RFID tags and labels, infrastructure, NFC and payments, claimed a press release.

In 2010, NXP’s Identification business unit posted global revenues of $589 million across its three product lines Secure Transactions, Secure Identity, and Tagging & Authentication, attaining the No.1 position in the worldwide ID market. In H1 2011, NXP reported revenues of $383 million in Identification, firmly establishing its No. 1 position with recently announced Q2 revenues of $194 million.

“ABI Research believes NXP is uniquely positioned and differentiated from its peers in that the company supports the full range of RFID frequencies from LF to HF to UHF,” said Mike Liard, research director for RFID at ABI Research.

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He added that the primary applications supported by NXP’s transponder ICs are broad and far-reaching, including automobile immobilizers, security/access control, contactless payment, ticketing, NFC, government ID, asset management, item-level tracking, authentication and many others.

“NXP is the volume leader in many of these application areas, particularly within HF-based markets,” added John Devlin, ABI Research’s practice director for Auto ID and Smart Cards. “In fact, given its recent results and growth in 2010, NXP can claim to be the No. 1 Identification semiconductor company, including both its RFID and secure IC product groups.”

“Consolidating our No. 1 position in Identification validates our application-driven focus, as we continue to evolve and expand the traditional ID market in advanced and emerging economies to support our customers’ ever-changing needs, ” said Ruediger Stroh, executive vice president and general manager, Identification, NXP Semiconductors.

He added that their team is committed to developing end-to-end solutions which enable recognition and add convenience and security to everyday life. 

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