SUNNYVALE, Calif., April 3 /PRNewswire/ -- Philips Semiconductors, a
division of Royal Philips Electronics (NYSE: PHG; AEX: PHI), today announced
its newly formed Crypto Competency Center (CCC), a leading edge research
center specializing in cryptographic architectures and algorithms. The CCC,
located in Eindhoven, The Netherlands, will focus on the growing demand for
highly secure encryption capabilities for data transactions. The CCC will
focus on applied crypto security research and the pre-development of IP blocks
by creating reusable, embeddable IP blocks capable of supporting future
semiconductor devices that can be integrated in networking and identification
products and systems.
The CCC will provide innovative hardware and software technology for the
secure implementation of existing encryption algorithms such as RSA, elliptic
curves and AES. It will also enable Philips Semiconductors to stay at the
forefront of development for new secure architectures and algorithms. The CCC
results will be used in new chips, enabling a wide span of secure applications
in advanced embedded solutions such as integrated circuits (ICs) for broadband
wired and wireless networks, virtual private networks, smart cards, radio
frequency identification (RFID), and smart card readers. The resulting silicon
solutions will improve security transactions in applications such as secure
network access, m/e/t-commerce, high-security governmental and emerging
on-line applications such as pay TV, banking and online stock trading.
"The CCC strengthens Philips Semiconductors' leadership position in
embedded secure technology by reinforcing our commitment to provide our
customers with the core-enabling technology for secure business transactions,"
says Scott McGregor, vice president, Emerging Business Unit,
Philips Semiconductors. "As the demand for secure global transactions
increases, the more than 20 dedicated scientists and engineers at the CCC will
work to support our commitment and leadership in the digital marketplace as it
continues to grow at an exponential rate."
Philips Semiconductors will show a selection from their portfolio of
products for secure networking and provide an overview of smart card
applications at the RSA Data Security Conference in San Francisco,
April 10-12, 2001.
About Philips Semiconductors
Philips Semiconductors, which has annual revenues of approximately
US$6.3 billion in 2000, designs and manufactures semiconductors and silicon
systems platforms. Philips Semiconductors is spearheading the emerging field
of systems on silicon solutions with the innovative Nexperia(TM) platform and
VLSI Velocity(TM) tool set. The company's Sea-of-IP(TM) design methodology
allows plug and play intellectual property blocks for easily customizable
products. The company is a leader in communications, consumer, PC peripherals
and automotive semiconductors, which are key applications for convergence in
end-user products throughout the world. For more information:
http://www.philips.semiconductors.com.
SOURCE Phillips Semiconductors
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Related links:
http://www.semiconductors.philips.com
CONTACT:
Europe, Carol Atack of Warman & Bannister,
44-1223-314545; or USA, Yen Nguyen of Ketchum Public Relations,
650-596-2203, for Philips Semiconductors; or Japan, Mitsuyo
Matsumoto, 81-3-3740-5818, or APAC, Robyn Kao, 886-2-2134-2968,
both of Philips Semiconductors
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