The Industrial & Commercial Bank of China Selects NXP's

The Industrial & Commercial Bank of China Selects NXP's SmartMX2 for
Secure and Fast Banking Card Transactions 
EINDHOVEN, THE NETHERLANDS -- (Marketwire) -- 10/25/12 --  NXP
Semiconductors N.V. (NASDAQ: NXPI) today announced that the world's
largest bank, the Industrial & Commercial Bank of China (ICBC), has
selected its SmartMX2 high security microcontroller to increase the
security and performance of its banking cards. The new cards will
have dual interface capabilities that will enable both contact and
contactless payments.  
The high performance of the SmartMX2(TM) means that banking cards
will deliver exceptional user convenience and speed of transactions
allowing banks to offer multiple applications all on one card -- for
instance, additionally supporting public transport ticketing,
providing physical access or government ID. They will also work
seamlessly with the contactless infrastructure rapidly being put in
place in the country, which is mostly based on NXP technology. ICBC
plans to introduce its new cards in 2013 in a bid to improve security
and reduce fraud rate. 
In addition to banking or credit cards, NXP's SmartMX technology is
used in eGovernment applications such as ePassports, citizen cards,
electronic health cards and electronic ID cards, plus in public
transport smart cards and in NFC-enabled mobile devices, representing
one element of an end-to-end security system. NXP has shipped more
than one billion SmartMX chips, including 86 out of the 102 countries
with ePassport projects. 
"As security and performance were the two biggest criteria for ICBC's
project, ICBC selected our solution after evaluating international
and local vendors," said Ulrich Huewels, vice president and general
manager, business line card security with NXP Semiconductors. "Our
SmartMX2 technology delivers proven security as well as
industry-leading transaction times. Combined with the ensured
interoperability with POS devices and ATMs across the world, SmartMX2
provides the best combination of security and performance available
in the market."  
Based on trusted security, a complete product portfolio and the best
contactless performance, NXP is the leader in the overall ID market
as well as in key market segments such as transport ticketing,
eGovernment, access, i
nfrastructure, RFID/Authentication, payments
and NFC. NXP provides the entire ID market with end-to-end solutions,
enabling customers to create trusted solutions for a smarter life. 
Visitors to CARTES 2012 (Paris, Nov. 6 - 8) can see NXP's SmartMX(TM)
technology in multiple solutions developed to authenticate identities
and secure transactions (booth 4J 035, Hall 4). 
About NXP Semiconductors 
 NXP Semiconductors N.V. (NASDAQ: NXPI)
provides High Performance Mixed Signal and Standard Product solutions
that leverage its leading RF, Analog, Power Management, Interface,
Security and Digital Processing expertise. These innovations are used
in a wide range of automotive, identification, wireless
infrastructure, lighting, industrial, mobile, consumer and computing
applications. A global semiconductor company with operations in more
than 25 countries, NXP posted revenue of $4.2 billion in 2011.
Additional information can be found by visiting 
Note to Editors
 SmartMX2 and SmartMX are trademarks of NXP
Semiconductors. All other brands or product names are property of
their respective holders. 
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For further information, please contact: 
Michael Maader
+49 (0)40 5613 3371 
Melissa Chanslor
+1 415 593 8465 
GC :
Lilian Li
+86 21 22052615 
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