Richard Schmidmaier

February 21, 2019

NXP drives convenience in Chinese Access Market with “RocketXS”

Whereas 61% of the global mobile payment users are from China, China’s penetration of eLocks is still under 3% (Source: Mobile Payment Conference 2018; SM Home 2017). This is partly due to a difficult lock configuration for end users, no remote key distribution and insufficient security. Nevertheless, smart eLocks have now been identified as a starter-product of smart homes to build up the basis of security. Due to China’s rapid growth in housing, a growing demand for secure and convenient products came up and the requests for digital door locks have finally taken off.
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