eg: UK or Brides UK or Classical Art or Buy Music or Spirituality
 
eg: UK or Brides UK or Classical Art or Buy Music or Spirituality
 

Your Online Guide » Guide to Technology » IT Information Technology

RFID Technology: The Next Big Thing In Chinas Economy
by James Marriot, Jam
The Chinese government has laid special emphasis on the development of RFID technology. The government envisages that large-scale implementation of this technology in different sectors of the economy will fuel increased efficiency with respect to supply-chain management, availability of accurate and relevant data, and crucial cost savings. The government zeal for RFID systems for overall efficiency is louder than ever.


RFID finds applications in security access, or even for tracking library and act as vending machines for money transactions. Most systems that deploy RFID technology use High Frequency devices such as smart cards that have a variety of applications such as in transportation, anti-counterfeiting, ticketing and others.

Experts say there's immense scope of High Frequency RFID systems in China especially in citizen identification cards such as passports for authorized access. Multinational companies like WalMart, which has large merchandising presence in china and has made public that its suppliers should use RFID chips that will enable the company to efficiently keep track of inventory across the supply chain.


RNCOS recent report, "RFID Industry Analysis 2006", highlights the prospects of the global RFID technology in different regions of the world. According to the report RFID technology will find applications in different sectors of the Chinese economy.

The Chinese government, realizing the potential of this industry has laid special emphasis on the development on this technology. Industries such as manufacturing and transportation are likely to be major purchasers RFID technology in the period 2005-2009. Moreover, with the rising growth of retail industry especially organized retail in china, RFID will find application in end-to-end supply management as well as Logistics.


The report addresses important aspects of RFID industry, such as:

- The status of Global RFID Market.
- The future projection of RFID hardware components and RFID software and
services market.
- The applications and chances associated with RFID.
- The prospects of RFID in various applications such as in Supply chain
Management, Asset Tracking and Point of sale applications
- The potential of RFID in various vertical segments such as Consumer
Packaged goods, Retail Units, Healthcare/Pharmaceutical sector and
Commercial Sector
- The applications and chances associated with RFID.



For more information visit: http://www.rncos.com/Report/COM32.htm

Current Industry News: http://www.rncos.com/blog

James Marriot has sinced written about articles on various topics from Recreation and Sports, computers and the internet and Information Technology. We provide global business information for industry research, business consulting, & bring reputed companies and firms to us for business enhancement solutions.. James Marriot's top article generates over 40500 views. to your Favourites.
EditorialToday Guide to Technology has 3 sub sections. Such as Technology, Increase Adsense Revenue and Information & Technology. With over 20,000 authors and writers, we are a well known online resource and editorial services site in United Kingdom, Canada & America . Here, we cover all the major topics from self help guide to A Guide to Business, Guide to Finance, Ideas for Marketing, Legal Guide, Lettre De Motivation, Guide to Insurance, Guide to Health, Guide to Medical, Military Service, Guide to Women, Pet Guide, Politics and Policy , Guide to Technology, The Travel Guide, Information on Cars, Entertainment Guide, Family Guide to, Hobbies and Interests, Quality Home Improvement, Arts & Humanities and many more.
About Editorial Today | Contact Us | Terms of Use | Submit an Article | Our Authors