STMicroelectronics had seven patents in digitalization during Q1 2024. STMicroelectronics NV has developed a near-field communication device that can detect and communicate with other devices within range. If the initial communication fails, the device can also facilitate contactless bank transactions between the devices. GlobalData’s report on STMicroelectronics gives a 360-degree view of the company including its patenting strategy. Buy the report here.
Smarter leaders trust GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
STMicroelectronics grant share with digitalization as a theme is 42% in Q1 2024. Grant share is based on the ratio of number of grants to total number of patents.
Recent Patents
Application: Near-field communication device (Patent ID: US20240086891A1)
The patent filed by STMicroelectronics NV describes a method for a near-field communication device to detect the presence of another device within range and initiate a near-field communication between the two devices. If the initiation of the near-field communication fails, the method involves initiating a contactless bank transaction between the devices instead. The method can be implemented using an integrated circuit in a near-field communication device, such as a cell phone, and is designed to facilitate secure and efficient communication between devices.
Additionally, the method includes steps for verifying the compliance of the second near-field communication device with certain technical specifications before exchanging data frames for near-field communication. If the second device does not comply, a contactless bank transaction is initiated instead. The method also involves detecting whether the second device is a contactless payment device and launching a contactless bank payment application if necessary. This approach ensures that secure transactions can be carried out between devices, such as contactless payment cards or smartphones supporting contactless payment systems, in a reliable and efficient manner.
To know more about GlobalData’s detailed insights on STMicroelectronics, buy the report here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
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.
