December 05, 2006
SMARTRAC Gains US e-Passport Contract
Despite concerns over the security of the new e-passports, the US and other countries are forging ahead with their issuance. And SMARTRAC has gained from that, with an order from Infineon Technologies for millions of RFID contactless inlays. The inlays will supply 70 of 95 e-passport projects. SMARTRAC has opened a fourth factory in Thailand to handle the demand. The US project alone could mean 13-18M inlays per year for SMARTRAC. Said CFO Dr. Christian Fischer
The US order allows us clear capacity planning. By the end
of 2006, we want to achieve a production capacity of approx. 13 million
high-frequency inlays per month.
[via Contactless News]
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