March 22, 2006

SMARTCODE Corp. extends its presence in the important Asia Pacific Market

SMARTCODE Corp. has established 16 New Partnerships to expand Its Asia Pacific Presence.

Driven by strong government and business demand, analysts expect Asia Pacific to become one of the main markets for RFID. In 2010, IDTechEx market research predicts that 39% of RFID tags will be sold in Asia Pacific, followed by 36% to North America. Not surprisingly, China is one of the main attractions. The country will use more than 5 billion tags annually. That huge demand is fuelled by booming exports of supplies to Wal-Mart and other US and European retailers. Then you have the China National ID project and the Beijing 2008 Olympics as well.

Via MoreRFID

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