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Posted: June 11, 2008

Samsung Develops 90-nano Smart Card Chip

(Nanowerk News) Samsung Electronics, the world's leading maker of computer memory chips, said Thursday it has developed a highly efficient new smart card chip for use in credit cards and wireless products.
The new smart card chip, which uses the company's 90-nano production technology and is to be mass produced later in the year, has a built-in 288 kilobyte EEPROM, or electrically erasable and programmable ROM, Samsung said in a statement.
Smart card chips are used in credit cards, mobile phones and other portable devices to allow business transactions in a secure way with minimal human intervention.
The chip, compared to currently used ones, allows faster user authentication process and provides greater protection from hacking, according to Samsung. Mass production is expected to begin near the end of the year.
Samsung Electronics is the leader in the global market for smart card chips used in SIM cards, or subscriber identity module cards.
Global demand for smart cards is expected to expand up to 7.53 billion units by 2012, compared to the 4.07 billion forecast for this year, according to market research agency Frost & Sullivan.
Source: Yonhap News Agency
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