Components | July 17, 2012
Infineon provides security chips to Net1 for South Africa
Infineon Technologies supplies the security chips for the largest government smart card project in South Africa.
Through Net1 UEPS Technologies, the government body “SASSA” (South African Social Security Agency) is issuing biometrically secure EMV/UEPS debit chip cards for financial transactions of social grants across all of South Africa’s nine provinces. Infineon provides its SOLID FLASH SLE 77 security controller to Net1’s subsidiary Cash Paymaster Services (CPS), who is responsible for implementing this service for SASSA. The project started in April 2012. Net1 began issuing the first smart cards in June. The new smart card enables more than ten million South African citizens to securely receive their social grants on the issued chip cards with less administrative expenses. “With Infineon’s SOLID FLASH product, we were able to reduce the time to market significantly which would not have been possible with ROM-based products,” says James Sneedon, Head of Chip and Card business unit at Net1. “Besides, Infineon SOLID FLASH products provide at least the same strong security and reliability as masked ROM products." “MASK ROM based smartcard products won´t be able to fulfill the future challenges in government and payment projects at a competitive total cost of ownership,” says Carsten Loschinsky, Vice President & General Manager Government ID of the Chip Card & Security Division at Infineon Technologies.”Therefore, they will be substituted by SOLID FLASH products based on Infineon`s state-of-the-art EEPROM/FLASH technology. This development started with Infineon leading the way and will demonstrate significant added value and advantages for our customers such as Net1.”
Seagate to consolidate operations in the US On June 1, 2020, Seagate Technology committed to a restructuring plan with the aim reduce its cost structure, and invest in future opportunities. The company also intends to consolidate its Minnesota facilities into one location.
SkyWater chosen for volume US manufacturing of temperature sensing chip Foundry partner, SkyWater Technology, has been chosen by investment firm, Asymmetric Return Capital (ARC) and Linear ASICs, a fabless analog and mixed-signal semiconductor company, to volume manufacture a microchip with temperature sensing capabilities used in a low-cost, smartphone-enabled wireless patch that assists in the remote detection of COVID-19.
Samsung expands with new NAND flash facility Samsung Electronics plans to expand its NAND flash production capacity in Pyeongtaek, Korea, in order to improve its ability to meet demands from emerging technologies.
ASML ships first-generation multibeam inspection system ‘eScan1000’ ASML Holding NV says that it has completed system integration and testing of its first-generation HMI multibeam inspection (MBI) system for 5 nm nodes and beyond.
Cognex takes measures to counter deteriorating market conditions Machine vision technology provider, Cognex Corporation, says it is taking significant steps to reducing expenses due to deteriorating market conditions and to position the company for growth when conditions improve.
Verkotan selects PWC technology from Rohde & Schwarz Test and measurement specialist Rohde & Schwarz has recently introduced the R&S PWC200, the first plane wave converter (PWC) on the market. Verkotan is the first independent test house to choose this technology to test 5G NR FR1 base stations over-the-air (OTA).
Kurt Sievers takes the helm at NXP At its annual general meeting of shareholders, the appointment of Kurt Sievers as the company’s next CEO was overwhelmingly approved.
Excelitas’ Qioptiq subsidiary expands with new plant Excelitas Technologies, a company delivering photonic solutions, sats that its Qioptiq subsidiary held a ground-breaking ceremony last week to mark the beginning of construction for a new factory in Göttingen, Germany.
Farnell adds Sorensen power supplies to its roster Distributor Farnell announces that it has added Sorensen, the premier DC programmable power supply brand from Ametek, to its range of power supplies.
Infineon raises EUR 1 billion following successful share placement Infineon informs that the company placed 55 million new shares, following an accelerated bookbuilding process with institutional investors, under the exclusion of subscription rights. The shares were placed at a price of EUR19.30 per share, meaning that the company managed to raise EUR 1.06 billion.
Skeleton Technologies strengthens management with new COO Skeleton Technologies has appointed Ants Vill, former Vice President of Product, as Chief Operating Officer.
SiPearl chooses Germany for its first international operational subsidiary SiPearl, a designer of the microprocessor for the European exascale supercomputer, is opening its first international subsidiary in Duisburg, in the Ruhr region, Germany, in order to build closer connections with its German partners and future clients.
DELO reports increased revenues despite current pandemic DELO closed the financial year that ended on March 31 with a turnover of EUR 163 million. This is an increase of almost 5% compared to the previous year (EUR 156 million).
China falls far short of its "Made-in-China 2025" goal IC production in China represented 15.7% of its $125 billion IC market in 2019, up only slightly from 15.1% five years earlier in 2014. IC Insights forecasts that this share will increase by 5.0 percentage points to 20.7% in 2024 (one percentage point per year on average).
COVID-19 highlights the gravity of the secondary market for SME Cha Jin-Seok, Chief Financial Officer of SK Hynix, said it best in the company’s Q1 earnings call, “Because of a never experienced pandemic, even basic business activities such as maintaining normal operations and predicting future demand have become challenging tasks.”
GlobalFoundries to implement ITAR at US manufacturing facility GlobalFoundries plans to implement export control security measures at its most advanced manufacturing facility, Fab 8, in Malta, New York.Load more news
- Raspberry Pi audio HAT board with MERUS class D multilevel amplifier
- Romanian EMS provider expands as it relocates
- ASML ships first-generation multibeam inspection system ‘eScan1000’
- Gémosz is still looking to grow – but the pandemic brought new perspectives
- North American PCB industry sales up 4.3% in April