Samsung Electronics` smart card integrated circuits (ICs) have achieved success in the European market, including Swiss banks, which demand the highest level of security in the world. Smart card IC`s, as well as the security requirements grows a credit card on your passport or certified ID as the demand increases myeongyong expected to contribute to sales growth in the LSI Division, Samsung Electronics.

According to industry sources on December 17, Samsung Electronics recently announced that in the English newsroom, one of Europe`s leading credit card suppliers (Tier 1) will have an electronic ID (electronic certificate) card with its own smart card IC (S3FTM9F • photo) The company said.

Samsung Electronics has been recognized for its quality in European market by supplying smart card IC solution based on 80nm embedded flash process for Swiss bank debit card. Embedded Flash is a combination of a logic process that processes data when designing a circuit and a separate flash memory, and implements the circuit in a memory + system manner without additional packaging.

Samsung Electronics received the highest evaluation rating of `EAL7` (Evaluation Assurance Level) in `CC` (Common Criteria) security certification, the international common evaluation standard of smart card IC in 2013, and was recognized as the best security competitiveness in the industry. Durability is excellent as it can write and delete up to 500,000 times.

Smart cards are attracting attention as a substitute for existing magnetic cards. It has the advantage of storing more information, performing various functions, and being more stable than existing magnetic cards. It is also possible to send and receive contactless data as well as contactless data.

Samsung could just increase the adoption of such Euro pay, MasterCard, VISA and credit cards as well as e-passports and government-issued identification was expected that demand for smart card IC increased rapidly.

Meanwhile, it is expected to record a market research firm ABI Research and BCC global smart card market is USD 73 billion (about KRW 8 trillion) and coming out of the average annual growth rate of 9% until 2021, according the like. As of the end of last year, Samsung Electronics occupies the top position in the world with a market share of 27%.


By Park Jung Il comja77@


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