NXP Semiconductors (NXPI +8.5%) pops after the company's NFC technology looks set to be launched...

|About: NXP Semiconductors (NXPI)|By:, SA News Editor

NXP Semiconductors (NXPI +8.5%) pops after the company's NFC technology looks set to be launched in tandem with Nokia's (NOK +2.1%) NFC hub service in Singapore and Malaysia, following an earlier launch in Europe. A company exec says, "encouraging signs include government willingness to develop the NFC infrastructure within the country [Singapore]."