POET Technologies Inc.

2
CIBC
over 10 years ago
1
1
1

.......news release several minute before the divorce from Samsung posted yesterday in New York Times ......(or who else could benefit ?)

http://www.fool.com/investing/general/2014/04/28/this-apple-inc-rumor-just-wont-go-away.aspx

The one company that could benefit

Ignoring Apple's historical opposition to NFC, assume Kuo is correct. If that's the case, there's one company that stands to benefit: NXP Semiconductors.

The chip company is a major player in the NFC space. In fact, it helped to develop the technology, giving it a robust NFC-related patent portfolio. It also supplies the NFC chips used in many popular smartphones, including the recently released Galaxy S5.

NXP isn't the only maker of NFC chips, and there's no guarantee that if Apple did adopt NFC technology, it would go with NXP as a supplier. Regardless, Apple's embrace of NFC would be a big boost of confidence in NFC's long-term future, which remains somewhat controversial. As long as Apple avoids NFC, there's widespread doubt that it will ever catch on.

But if Kuo is right, the iPhone 6 could serve as a gateway to Apple's next great service -- mobile payments -- and benefit NXP shareholders.

....Apple is 3% already

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Sunny3999
City
Stuttgart
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1006
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Date Joined
04/28/2014
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POET Technologies Inc.
Symbol
PTK
Exchange
TSX-V
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Industry
Technology & Medical
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