NXP Semiconductors had 12 patents in digitalization during Q4 2023. The patents filed by NXP Semiconductors NV in Q4 2023 relate to wireless transactions using multicast Ultra-Wideband (UWB) ranging, determining transaction zones, and initiating transactions based on device location and orientation. Another patent involves exact match lookup operations in a table using hash functions to identify matching keys in a network switch. GlobalData’s report on NXP Semiconductors gives a 360-degreee view of the company including its patenting strategy. Buy the report here.
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NXP Semiconductors grant share with digitalization as a theme is 58% in Q4 2023. Grant share is based on the ratio of number of grants to total number of patents.
Recent Patents
Application: Methods and system for wireless transactions (Patent ID: US20230342782A1)
The patent filed by NXP Semiconductors NV describes methods and a system for wireless transactions using multicast Ultra-Wideband (UWB) ranging. The method involves calculating the distance and angle of arrival between devices, determining if the second device is within a transaction zone, exchanging transaction information, and initiating a transaction only when the second device is still in the zone and oriented towards the first device. The system includes a first device performing UWB ranging and exchanging information with a second device to enable secure wireless transactions.
The claims detail the steps involved in the method, including confirming distance and AoA, creating multicast responders lists, authenticating ownership of transaction medium, and ensuring privacy of transaction information. The method also involves pairing devices before initiating transactions, providing visual confirmations, and allowing users to trigger transactions. The system comprises devices that perform UWB ranging, determine transaction zones, exchange payment information, and initiate payments based on device orientation and location. Overall, the patent focuses on enabling secure and efficient wireless transactions using UWB technology and precise device positioning.
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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
