Not if they do it right- Japanese phones can be PIN-locked or remotely IC-locked (unable to use RFID functions) if stolen/lost (and the account data replaced onto a regular card).
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“The experience was a quick and painful reminder that no matter how pretty the window dressing is here, HTC has staged its fashion show in a building that should be scheduled for demolition.
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Not if they do it right- Japanese phones can be PIN-locked or remotely IC-locked (unable to use RFID functions) if stolen/lost (and the account data replaced onto a regular card).