Wednesday, August 26, 2015

Gemalto says mobile revenues in second half to be hit by U.S. closure

Mobile chip and smart card maker Gemalto said the closure of its U.S. mobile payment service Softcard in the second half would limit its mobile revenue growth as it posted a 33 percent rise in first-half profit from operations.However, the company said it expected overall another year of double-digit growth in profit from operations and was on track to meet its development plan until 2017. (Reporting by Astrid Wendlandt, editing by David Evans)

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