April 01, 2003 in Social Responsibility News

SAMSUNG’s Advanced Smart Card Chip receives Visa International’s Highest Level Security certification

Seoul, Korea – April 1, 2003: Samsung Electronics Co., Ltd., the world’s second largest semiconductor manufacturer, today announced that its advanced smart card chip, product code: S3CS9PB, has received the highest validation level, Technology Level 3 certification, of Visa International’s Chip Hardware Architecture Review. Complying with industry standards Samsung’s advanced smart card chip, S3CS9PB, will facilitate safe financial transactions as consumers enjoy the advantages of next-generation telecommunication services.

The Chip Hardware Architecture certification is a standard agreed upon by Europay, MasterCard International and Visa International for governing smart card chip-based credit cards and financial transaction systems. The certification ensures common security and compatibility, a critical factor in smart card chips as wireless/online financial transactions are available in the global market. The technology level assigned on the bases of a Visa review is a strict certification that classifies smart card chip applications.

Samsung’s S3CS9PB incorporates a high-performance ARM SC100, a sophisticated crypto-processor and a 64Kbyte EEPROM. The enhanced security and operating speed ensure save and speedy transaction of RSA and DSS electronic signatures required for e-commerce, credit card and e-currency. And the high-density memory coupled with the fast data processing speed facilitates system designers to develop high-performance cards.

Samsung’s new smart card chip can be used as a subscriber identity module (SIM) in 3G GSM and IMT-2000 mobile communications networks and can also be utilized in multi-functional operating systems such as Multos and Java Open Platform, the basic technology for next-generation e-currency. The Visa validated card adapts to diverse security systems as it integrates an asymmetrical key encryption algorithm based RSA crypto-processor (2,048-bit processing maximum), crypto accelerator and Triple DES, the leading symmetrical encryption standard.

“Samsung has maintained a comprehensive record of industry standard endorsements with EAL4+ certification from Common Criteria, the highest level international security standard in the semiconductor field,” said Chung Chil-hee, Vice President of Chip Card & MCU Development Team at Samsung Electronics, “The Technology Level 3 certification of Visa International’s Chip Hardware Architecture Review once again demonstrates our commitment to supplying advanced and industry standard security featured smart card chips to satisfy financial systems with requirements of the highest security level such as e-commerce, credit cards and e-currency, as well as a wide range of core areas related to the mobile solutions market, IT/network security and digital contents protection.”

The world’s leading smart card producers have recently been requiring aggressive security functions from the smart card chips used in their products. Worldwide users of wired/wireless communications and networks as well as home banking and other electronic financial systems are multiplying rapidly, increasing the importance of data security technology.

Samsung plans to introduce the S3CS9PB to card makers involved in financial, SIM and mobile applications through aggressive marketing campaigns. According to market researcher Dataquest,the smart card market will average 19% year-on-year growth, from 800million units in 2003 to 1.4billion units by 2006.


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