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ITRI to set up RFID alliance

Posted: 14 Jan 2004 ?? ?Print Version ?Bookmark and Share

Keywords:industrial technology research institute? itri? rfid? radio frequency identification?

The Industrial Technology Research Institute of Taiwan (ITRI) will organize an RFID (radio frequency identification) alliance. Deputy Director Jyuo-Min Shyu, said, "About 10 manufacturing companies are expected to participate in this alliance. The purpose of this union is to be able to develop RFID tags and RFID readers."

According to Shyu, the demand for RFID tags in 2003 reached 4.4 million units, and is forecasted to increase to 4.8 billion units in 2005. "The market is huge, but we couldn't penetrate it. We plan to obtain technologies from companies overseas and use our capital to be able to establish an RFID design house this quarter."

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