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Stock impact report

maXTouch® Touchscreen Controller Family Expands with Additional Security Features for Touchscreen Payment Systems

Microchip Technology Incorporated (MCHP) 
Last microchip technology incorporated earnings: 2/4 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: microchip.com/investors
Company Research Source: GlobeNewswire
CHANDLER, Ariz., April 25, 2024 (GLOBE NEWSWIRE) -- As we see an increased number of electric vehicles (EVs) on the road, the necessary charging infrastructure must expand to meet the increased demand. Adding credit card payment options to EV chargers is becoming a standard practice in many countries—and is a mandate in the European Union—and chargers need to meet Payment Card Industry (PCI) security standards. To help EV charger designers protect their payment architectures, Microchip Technology (Nasdaq: MCHP) has launched the MXT2952TD 2.0 family of secure touchscreen controllers. Typical touch-enabled human machine interface (HMI) and radio frequency identification (RFID) combination-based payment systems are vulnerable to hacking attacks via malicious software updates or man-in-the-middle attacks when a user enters their personal identification number (PIN) on the touchscreen. Physical mesh barriers and sensors are often used around these integrated circuits (ICs) for protectio Show less Read more
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