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Broadcom bets big on NFC

Google’s hard-to-get Nexus 4 represents a big win for Broadcom; it’s the first Google device to use the California chipmaker’s NFC controller. That’s the chip that controls near field communication, the short-range wireless technology that allows two mobile devices to communicate without use of a cellular or Wi-Fi network. NFC enables applications like mobile payments and real-time content sharing, and Broadcom (BRCM) is sold on its potential that the company is giving its NFC software to competitors in an effort to create an industry standard.

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