Thin Film Electronics: Thinfilm Joins NFC Forum Board Of Directors
Edison | Dec 10, 2018 06:16AM ET
Thin Film Electronics ASA (LON:0JI9) has announced that it has been voted onto the NFC Forum board of directors. This is the governing body of the organisation and as such is responsible for its budget, specification of standards and overall direction of NFC deployment. We leave our estimates unchanged.
Our perusal of NFC Forum bylaws reveals that to be accepted as a board director, new members must be approved by at least 80% of the existing board, which comprises Apple (NASDAQ:AAPL), Dai Nippon Printing, Google (NASDAQ:GOOGL), Infineon, Mastercard (NYSE:MA) Worldwide, NXP, Qualcomm (NASDAQ:QCOM), Samsung (KS:005930), Sony, STMicroelectronics and Visa (NYSE:V). While Thinfilm is much smaller than any of these organisations, as a global pure-play NFC solutions provider, its insights will complement those of its larger peers.
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