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

Sep. 07, 2011 10:56 AM ETNXP Semiconductors N.V. (NXPI) StockNOK, NXPIBy: Clark Schultz, 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]."

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