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Broadcom sees promise in NFC technology

 

Broadcom continues to show strong support for NFC technology

NFC technology has hit something of a rough patch in the technology sector, especially in regards to its use in mobile commerce. Much of the mobile commerce industry has been built on NFC technology, but some technology companies, financial institutions, and consumers have expressed concerns over the security of NFC. In light of security concerns, some have begun moving away from NFC technology, hoping to find alternatives without having to abandon the mobile commerce industry. Others, however, continue to show strong support for NFC technology., Such is the case with Broadcom, a California-based chipmaker.

Nexus 4 popularity boosts interest surrounding NFC

Broadcom built the NFC chip and controller that is used in Google’s Nexus 4 mini-tablet device. The Nexus 4 launched earlier this month and Google has seen a great deal of interest for the product, especially in the UK market where stores have sold out of the device due to high demand. The device’s features have been widely praised, especially its use of NFC technology. Broadcom considers the popularity of the Nexus 4 a major win, suggesting that it is attracting more interest to NFC technology by showing off the capabilities of NFC.

Broadcom software freely available

Broadcom has now introduced its NFC software to the Android Open Source Project as well as to the Android 4.2 operating system. This has made the software widely available for anyone interested in using it — for free. Broadcom is well aware of the risks associated with making its NFC software freely available. The company notes that pushing NFC standards throughout the industries that use the technology is a top priority, however. By making its software available, Broadcom aims to help expedite the standardization of NFC technology.

NFC for more than just mobile commerce

NFC technology is widely used as a mobile commerce tool. The technology can allow mobile devices to make purchases in a way similar to credit cards. The technology also has uses beyond mobile commerce and has found some success in the marketing industry. NFC can also be used effectively as a form of wireless data transfer. Broadcom believes that its software can help establish standards in numerous industries that will ensure consumers have a positive experience with NFC technology.

Mobile shopping to see major growth during holiday season

 

Thanksgiving may be the holiday for mobile shopping

Black Friday and Cyber Monday are fast approaching. Both days are very important for physical retailers and online businesses as sales made on these days can more than make up for an entire year of lackluster performance. Black Friday and Cyber Monday have been major holidays for the retail industry and e-commerce respectively, but the growing prevalence of mobile commerce and technology may establish a similar day that could be a major boon for mobile shopping.

More consumers showing interest in mobile shopping

Thanksgiving is a well known holiday in the U.S. As such, the holiday typically means that traditional brick and mortar stores are closed for business. Online retailers, however, remain open throughout the holiday, providing consumers with services that they might not be able to find from physical stores. According to data from IBM/Coremetrics, 15% of U.S. consumers used their mobile devices to visit retail sites on Thanksgiving in 2011, up from the 6.5% that did so in 2010.

Digitas survey shows growing support for mobile commerce and e-commerce

This trend is expected to continue this year, with the possibility of mobile traffic increasing by as much as double for some retailers. Companies like eBay already have plans to begin offering deals on Thanksgiving day, rather than wait for Black Friday or Cyber Monday. According to a recent survey from Digitas, a provider of integrated technology and marketing solutions, shows that many retailers are preparing to serve mobile consumers on Thanksgiving, following the same route as eBay in offering mobile applications that will assist with online shopping.

Survey shows shopping from computer is easier than from mobile device

The Digitas survey does shed some light on the problems facing mobile shopping, however. The survey notes that approximately 76% of the 2,059 respondents surveyed say that shopping from a computer is much easier than from a mobile device. Many consumers attribute the difficulty associated with mobile shopping to the small screens of most mobile devices. Nonetheless, consumers are still likely to heavily participate in mobile shopping during the holiday season.

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