NXP Brings Advanced Security to Banking and Secure Identity Contact Markets

NXP Brings Advanced Security to Banking and Secure Identity Contact Markets 
SmartMX2-P40 Next-Gen Contact Smart Card IC; Optimized for Fast,
Tamper-Proof Transactions 
EINDHOVEN, THE NETHERLANDS -- (Marketwired) -- 11/18/13 --  NXP
Semiconductors N.V. (NASDAQ: NXPI), the global leader in secure
banking and eGovernment deployments, today launched its new
SmartMX2-P40 platform of chip card microcontrollers for large-scale
projects in the rapidly growing banking and electronic-Government
(eGov) markets. Global concerns about identity theft, fraud and
privacy continue to grow as individuals conduct their daily lives in
an increasingly interconnected world, leading financial and
governmental organizations to continuously augment their efforts to
safeguard individual data. The SmartMX2-P40 has a new powerful RISC
MRK3-SC core and meets common criteria EAL5+ level certification via
NXP's world-renowned IntegralSecurity(TM) architecture.
Uncompromising on performance and security, the new platform has been
optimized for mass market chip card projects, effectively balancing
the provision of more secure cards with the overall project
investment.  
Chip cards, already extensively used in government ID cards, have
become more pervasive in applications such as health cards and
driving licenses as the overall cost of employing the technology has
stabilized. At the same time, there is a constant need to introduce
new protection measures to stay in line with evolving security
requirements. NXP's SmartMX2-P40 offers dedicated co-processors for
asymmetric RSA/ECC and symmetric DES/AES cryptography, and comes
equipped with a certified hardware abstraction layer (HAL) and crypto
library for fast time-to-market. An ISO/IEC 7816 contact interface
ensures that the SmartMX-P40 can be used in existing chip card
infrastructures. 
"Even with a general trend towards contactless and dual-interface
chip cards, the contact chip card Banking and eGovernment markets not
only show a remarkable continuity, but are expected to significantly
and consistently grow further," said Ulrich Huewels, senior vice
president, business line secure card solutions, NXP Semiconductors.
"Our new SmartMX2-P40 secure microcontrollers with advanced security
features are dedicated to serving these high-volume applications and
large scale projects."  
Using an embedded secure microcontroller to safeguard data, chip
cards have long been proven to drive down fraud and protect identity.
To protect against identity theft, governments began issuing chip
cards for identification, health insurance and social security
purposes. In the financial sector, credit and debit chip cards have
reduced fraud by over 70%. Well over five billion chip cards are now
in circulation globally, the majority of which are contact only. The
new SmartMX2-P40 complements the SmartMX family by providing a highly
secure platform dedicated to the needs of contact smart card projects
and their end customers. 
The full benefits of SmartMX2-P40 will be introduced at the CARTES
exhibition in Paris (Nov 19-21, 2013), where NXP will be showcasing
trusted smart life solutions at booth 4N062. Product samples and
demonstration boards are already available. 
For more detailed information on the SmartMX2-P40 secure
microcontrollers please visit 
http://www.nxp.com/products/identification_and_security/smart_card_ics/smartmx2_
p40/ 
About NXP Semiconductors
 NXP Semiconductors N.V. (NASDAQ: NXPI)
creates solutions that enable secure connections for a smarter world.
Building on its expertise in High Performance Mixed Signal
electronics, NXP is driving innovation in the automotive,
identification and mobile industries, and in application areas
including wireless infrastructure, lighting, healthcare, industrial,
consumer tech and computing. NXP has operations in more than 25
countries, and posted revenue of $4.36 billion in 2012. Find out more
at www.nxp.com.  
Forward-looking Statements 
 This document includes forward-looking
statements which include statements regarding NXP's business
strategy, financial condition, results of operations and market data,
as well as other statements that are not historical facts. By their
nature, forward-looking statements are subject to numerous factors,
risks and uncertainties that could cause actual outcomes and results
to be materially different from those projected. Readers are
cautioned not to place undue reliance on these forward-looking
statements. Except for any ongoing obligation to disclose material
information as required by the United States federal securities laws,
NXP does not have any intention or obligation to publicly update or
revise any forward-looking statements after NXP distributes this
document, whether to reflect any future events or circumstances or
otherwise. For a discussion of potential risks and uncertainties,
please refer to the risk factors listed in NXP's SEC filings. Copies
of NXP's SEC filings are available from the SEC website, www.sec.gov. 
For further press information, please contact: 
NXP Semiconductors 
Global: 
Eureka Endo 
+44 795 828 7483
eureka.endo@nxp.com 
NA: 
Hillary Cain
+1 408 518 5227
hillary.cain@nxp.com  
GC :
Jannet Chen
+86 21 22055883 
jannet.chen@nxp.com 
APAC: 
Preeti Gupta
+65 6603 9022
preeti.gupta@text100.com.sg 
 
 
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