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INSIDE Secure hits 10M NFC chips shipped this year

Semiconducter supplier INSIDE Secure, announced it has shipped more than 10 million of its MicroRead and SecuRead NFC solutions so far this year. The company said it has supplied multiple manufacturers of a broad range of mobile NFC devices with its NFC chips.

The company said its milestone "heralds the imminent arrival of mainstream NFC smartphones and devices to global markets."

"INSIDE’s NFC chip shipments indicate that this market is achieving significant penetration as more and more mobile device and other consumer electronics device makers begin to integrate NFC functionality into their product offerings," said INSIDE Secure COO Charles Walton in the announcement.

According to Yankee Group senior analyst Nick Holland, who was quoted in the announcement, "If there was ever tangible evidence needed that NFC is no longer science fiction, but a technology that is about to hit the streets, this is it.” Holland added, "Clearly, NFC is here and now."

For more stories on this subject, please visit our Contactless/NFC research center.