Samsung Electronics Co. Ltd. today launched its 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, according to a company press release.

"Mobile payment, ticketing, data sharing, electronic ID card functions are some of the diverse user services enabled by NFC technology, which is becoming a key service enabler on emerging convergence technologies," Dojun Rhee, vice president of System LSI marketing, Device Solutions, Samsung Electronics, said in the release. "Samsung's new secure NFC solution with its high data-storage capacity provides consumers with ample room to expand operation service and features to deliver the ultimate user experience."

Samsung's NFC controller has an enhanced battery-off feature so it remains active for payment transactions even when the mobile device is discharged, according to the release.

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