NFC (Near Field Communications).
Go into Settings > Wireless and Network > More to turn it off if you don't use it, and the icon will disappear.
Funny thing is that it was there in KitKat and even earlier. I guess the LP update must have turned it on for you.
Hah, done! Thank you Oh Captain, my Captain!!! You are officially more knowledgeable than a complex search algorithm regarding a super-specific subject.
Silly NFC nah I'm not gonna be nearly-bumpin' anyones phone or other personal device anytime soon. Yet another feature I can dismiss in hopes of salvaging life from this ailing year-and-a-half-old battery.
Be well John Spartan. 8_)
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