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Three Japanese and two foreign electronics firms announced Thursday the creation of a mobile commerce extension standard that will enable flash memory cards to be used for secure shopping and banking via mobile devices.

The three Japanese firms are Hitachi Ltd., Matsushita Electric Industrial Co. and Toshiba Corp. The two foreign firms are SanDisk Corp. of the United States and Ingentix GmbH & Co., a joint venture between Germany’s Infineon Technologies AG and Israel’s Saifun Semiconductors.

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