Smart Card Market To Reach USD 26.2 Billion By 2032, Says DataHorizzon Research [Yahoo! Finance]
NXP Semiconductors N.V. (NXPI)
Last nxp semiconductors n.v. earnings: 4/27 05:00 pm
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Source: Yahoo! Finance
Fort Collins, Colorado, April 15, 2024 (GLOBE NEWSWIRE) -- The surge in popularity of contactless payments has emerged as a significant driver in the smart card market. According to a report by the European Central Bank, the number of contactless card payments initiated at physical electronic points of sale rose by 24.3% compared to the first half of 2022, reaching 20.9 billion transactions, with a corresponding total value increase of 25.9% to €0.5 trillion. Moreover, governments and financial institutions worldwide actively promote contactless payments, further boosting the demand for smart cards in the coming years. For instance, the U.S. Department of the Treasury has endorsed the use of contactless payments as a means to curb the spread of viruses. The Internet of Things (IoT) rapid expansion has brought new avenues for the smart card market. Smart cards play a vital role in enhancing the security of IoT devices and networks through robust authentication and encryption featu
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NXPI
News
- NXP Semiconductors forecasts Q2 profit above estimates on industrial demand recovery [Reuters]Reuters
- NXP Semiconductors (NASDAQ:NXPI) Reports Q1 In Line With Expectations, Stock Soars [Yahoo! Finance]Yahoo! Finance
- RMBS, SANM and WGS are among after hour movers [Seeking Alpha]Seeking Alpha
- NXP Semiconductors Reports First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- NXP Semiconductors Reports First Quarter 2024 ResultsGlobeNewswire
NXPI
Earnings
- 4/29/24 - Beat
NXPI
Sec Filings
- 4/15/24 - Form ARS
- 4/15/24 - Form DEF
- 4/5/24 - Form PRE
- NXPI's page on the SEC website