Infineon brings bank-level security to smart terminals and mobile payment solutions

Munich, Germany, February 26, 2016 – Barcelona, ​​Spain – Winning consumer trust is critical to smart mobile device payment solutions. As one of the world's largest suppliers of security chips, Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) combines its technical expertise to advance the use of mobile devices and secure transactions involving the Internet of Things (IoT). Infineon's certified security chip solutions enable fast and reliable contactless data transmission, further enhancing consumer acceptance of secure mobile payments. At the Mobile World Congress in Barcelona, ​​Infineon demonstrated security solutions in a variety of form factors that fully meet the needs of the mobile payment ecosystem.

Thomas Rosteck, vice president and general manager of secure mobile trading at Infineon, said: "The success of mobile payment services depends on the trust of consumers. Therefore, mobile payment solutions must be as secure and mature as smart card-based payment transactions. Our Products bring bank-level security to smart mobile devices and help maximize the ease of use and convenience of mobile payments."

Increasing networking to further drive mobile payment needs

As smartphones, tablets, smart wearables, vehicles or home appliances are increasingly connected to the Internet, the demand for mobile payments is growing rapidly. eMarketer predicts that global mobile payments will reach $27 billion in 2016, more than three times that of 2015. There will be billions of devices connected to the Internet of Things, and online payment opportunities supported by an authentication-based remote payment system are expected to proliferate.

The most comprehensive certified security solution

The mobile payment ecosystem requires a combination of convenience and bank-level security solutions on networked devices. Forty percent of the world's smart cards use Infineon security chips.

Infineon offers the industry's richest range of financial security chips and solutions as an encryption engine and securely stores sensitive data such as keys, certificates or biometric information for electronic payment transactions. These products are leading in the interoperability of contactless infrastructure and are certified to meet globally recognized security standards such as Common Criteria and EMVCo (Europay InternaTIonal, MasterCard, VISA).

In order to achieve safe and reliable near-field payment, Infineon offers a variety of chips and solutions to bring reliability, security and convenience to NFC payments. These include:

· Contactless security chips for billions of smart cards issued by banks and financial institutions around the world

· NFC SIM card using Infineon's SWP (Single Line Protocol) product line deployed by mobile network providers for mobile devices

· Embedded security components, market leaders such as Samsung and Lenovo deployed them in embedded security solutions.

Boosted NFC security components require 80% less printed circuit board space and half the standby power compared to traditional NFC controller solutions—both of which are critical for smart wearables.

The Internet of Things is expected to reach billions of connected devices, and remote online payments are poised for this purpose. In these emerging markets, hardware security creates a solid foundation for protecting data and the platform integrity of mobile devices, such as enabling easy biometric verification for online applications. One option for multiple verification is FIDO (Fast IDenTIty Online), which promotes the development of powerful and simple online verification. Infineon is actively promoting the development of the FIDO specification and has introduced the FIDO CerTIfiedTM USB Token Reference Design and standards-compliant products.

Follow the Snyder family sightseeing

Smartphones and wearables are an integral part of our daily lives. On the occasion of the World Mobile Communications Conference, Infineon spent the day following the footsteps of the Snyder family and also visiting Barcelona – the Snyder family is purely fictional. On this day, the Snyder family's smart assistants were used many times. In this way, readers can also find Infineon's outstanding contributions in the areas of safety, high frequency, sensors, power management and mobile infrastructure. In this way, we make life easier, safer and more environmentally friendly.

About Infineon

Infineon Technologies AG is the world's leading semiconductor technology company, making people's lives more convenient, safe and environmentally friendly. Infineon's microelectronics products and solutions will lead you to a bright future. In FY2015 (ending September 30), the company's sales amounted to 5.8 billion euros and it has approximately 35,400 employees worldwide. Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and the US over-the-counter market OTCQX InternaTIonal Premier (ticker symbol: IFNNY).

Infineon in China

Infineon Technologies AG officially entered the Chinese market in 1995. Since the establishment of the first company in Wuxi in October 1995, Infineon's business has grown very rapidly. With approximately 2,000 employees in China, it has become an important driving force for Infineon's Asia Pacific and global business development. Infineon has established a complete industrial chain covering R&D, production, sales, marketing and technical support in China, and has carried out in-depth research with leading domestic enterprises and universities in sales, technology research and development, and personnel training. Cooperation.

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