Motorola leads major NCF development

Conferences

Consisting of 22, mainly Hungarian participants, international consortium StoLPaN led by Motorola Hungary is trying to create a cell phone which can also serve as a wallet.

Several bank cards, identity card, season tickets and other information could be kept in this new item, which will be based on a unified platform to contain cell phones with different functions and operated by different providers, said András Vilmos, leader of StoLPaN consortium. The consortium is run by a 3-year project supported by the EU, as well. The budget is €10 million. The plans are based on NFC technology created by Philips and Sony. 450 million of these mobiles are representing one-third of total number of cell phones to be used by 2010 globally. NFC is the greatest development in the history of mobile phones after text messaging, said János Suga, manager of Motorola Hungary. (NG)

ADVERTISEMENT

Gross Average Earnings at HUF 528,800 in January Figures

Gross Average Earnings at HUF 528,800 in January

Hungarian Lawmakers Ratify Finland's NATO Accession Parliament

Hungarian Lawmakers Ratify Finland's NATO Accession

Graphisoft Park Delays Transition to Dividend Payment in EUR Office Market

Graphisoft Park Delays Transition to Dividend Payment in EUR

HIPA Awards 'Investors of the Year' Awards

HIPA Awards 'Investors of the Year'

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.