STMicroelectronics Partners With MediaTek To Enhance Business Operations

In the near future, it is most likely that the various mobile payments will be experiencing triple-digit growth, with contactless transport ticketing also spiking up in Asia. The integration of ST’s NFC chipset with the MediaTek mobile platforms might lead to the two partners doing something remarkable in the industry. They might end up helping mobile OEMs overcome major technical challenges such as antenna miniaturization, antenna design and integration as well as the bill-of-material optimization. It will at the same time be assuring interoperability with payment terminals in areas like transportation hubs and retailers.