Tag Archives: nxpi

NXP cashes in on Apple digital wallet in iPhone 6

Apple (AAPL) reportedly is adding digital wallet capabilities to its upcoming iPhone 6. And that’s fattening the wallets of investors in NXP Semiconductors (NXPI). Apple is working with Dutch chipmaker NXP to add near-field communications (NFC) technology to the iPhone 6, which would enable owners of the device to pay by wirelessly connecting to payment terminals or ticketing systems, the Financial Times reported. NXP would provide the NFC chips chips for the iPhone 6. NXP stock gapped up to an all-time high Friday of 69.50 on the news. But the enthusiasm faded and the stock was up just 1.5%, near 68, in late-morning trading on the stock market today. Apple stock was up a fraction. Apple on Thursday sent out media invitations to a special event on Sept. 9 in Cupertino, Calif., where it is expected to unveil the big-screen iPhone 6 and a smartwatch fitness band. The iPhone 6…

Young Guns Screen Features 4 Young Tech Companies

Technology innovators such as NXP Semiconductors are often on lists of hot young stocks. Today’s Screen Of The Day is Young Guns, top-rated companies that have gone public within the last 15 years. The screen includes four tech companies that are each innovators in their respective field. NXP Semiconductors (NXPI) makes near-field communications chips that allow devices to exchange information securely at short range. Its chips are rumored to be

Apple ‘NFC’ iPhone 6 Speculation Gives NXP A Lift

Speculation that Apple’s (AAPL) highly anticipated mobile payments system will feature NFC (near-field communications) technology in the upcoming iPhone 6 could lift shares of NXP Semiconductors (NXPI), a maker of NFC chips. Morgan Stanley on Tuesday published a report stating that NXP is “well-positioned to participate in Apple’s mobile payments ecosystem” and could garner $250 million in 2015 sales from Apple’s iPhone 6. NXP stock was up just a