Samsung Electronics has developed a new system-in-package (SIP) near field communications (NFC) chip, the SENHRN1. The new Secu-NFC chip combines an NFC controller and a secure element storing personal information and security keys with advanced encryption technologies, a prerequisite for reliable and efficient mobile payment on NFC-enabled mobile devices.

“Mobile payment, ticketing, data sharing and electronic ID card functions are some of the diverse user services enabled by NFC technology, which will become a key service enabler on emerging convergence technologies,” said Dojun Rhee, vice president of System LSI marketing, Device Solutions, Samsung Electronics. “Samsung’s new solution with its high data storage capacity provides consumers with ample room to expand operation service and features.”

The new solution is based on Samsung’s in-house expertise and experience in smartcard ICs, which involves advanced RF sensitivity features and enhanced data encryption technologies, and its wealth of package technology, utilizing advanced SIP technology. According to market research firm ABI Research, NFC-enabled mobile phones are expected to reach 34 million units in 2011 and at a 75 percent compound annual growth rate to reach 552 million units by 2016 of which up to 78 percent would be comprised of secure NFC enabled handsets with the embedded secure element. [www.samsungsemi.eu]