Samsung has announced that it has developed a Near Field Communications (NFC) chip that features embedded flash memory. That chip is slated to go into mass production in 2011 and is an advanced chip that features a low power design with advanced RF sensitivity. The chip is suitable for smartphones since it consumes very little power in both active and standby mode. It apparently consumes 20 percent less power and also remains active if the phone runs out of battery. The benefit of the embedded flash memory is that the chip’s firmware can be updated. This chip can be used to initiate contactless payments and also read RFID tags.
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