Tagged: RFID market RSS

  • Rui Wang 03:48 on July 5, 2010 Permalink | Reply
    Tags: music festival, , RFID market, Wristband   

    Cashless music festival by RFID wristband 

    RFID MUSIC FESTIVALThe festival wristband is set to become more than just a piece of souvenir in the UK by next year. Music fans will pay electronically rather than using cash by a RFID wristband and cash top-up systems. Fans can use the wristband to buy everything from food and drink to t-shirts and their favorite CDs. In addition,

    Although the investment on infrastructure for such RFID systems will be significant,  the prospect of allowing fans to use wristbands have many benefits. The big advantage of using RFID wristband is to avoid has millions of pounds of cash on festival sites, which can be seen as a security risk. The wristband can also be use like a entry ticket, that function can lead a easy controlling entry to different parts of the festival, such as backstage or VIP areas.

    The RFID technology has being used in many industries, but the concept of music fans being able to attend festivals without having to carry cash is new to the music industry. If it did goes well, the potential market will be huge in the hot summer season.

     
  • Derek Du 01:19 on June 9, 2010 Permalink | Reply
    Tags: , , , , , , , RFID market   

    Battle of RF-SIM and NFC 

    RFID-SIM-NFCRecently, China Mobile formally Suspend RF-SIM mobile phone payment project (Mobile Wallet), the project will not be restart within two years for a conservative estimate. This result is a direct contest between China Mobile and China Unionpay, the only domestic credit card organization in China, which they support RF-SIM and NFC (Near Field Communication) separately.

    RF-SIM technology led by China Mobile use 2.4 G frequencies, which is not compatible with NFC (13.56MHz frequency) use by China Unionpay. Although China Mobile has the world’s largest mobile phone user group, but It’s too hard for China Mobile’s 2.4G standard to become primary frequency wireless communication technology in Chinese market as UnionPay’s 13.56MHz technology has being widely used by the financial POS, bus, subway, gas stations and more other fields. If China Mobile continues to push 2.4G standard, it means that not only RF-SIM card need to purchase one by one, but also full replacement of POS machines across China. The costs will reach hundreds of millions dollars.

    According to the statistics of Chinese Ministry of Industry and Information, China’s mobile phone users reached 780 million in the first quarter. If 40% of Chinese mobile phone users choose the mobile payment service like in Japan and South Korea, China will have more than 300 million users to pay by mobile. Different wireless communication frequency standards will lead to redundant investment and other issues in such huge market. To solve this, the Chinese Ministry of Industry and Technology is to promote a mobile payment standard system. Although the result is unsettled, but the industry view was expressed that, with the suspension of China Mobile’s RF-SIM project, 13.56MHz NFC technology is likely to be the final winner.

    It is uncertain that who will become leader in the field of mobile payments in China, but one thing is certain, that no one can dominate the market, only to cooperate together for a bigger cake.

     
    • Elin 11:30 on June 29, 2010 Permalink

      Oh, so China Mobile has officially stated that they will not commercialize their mobile payment service based on RFID?

  • Rui Wang 15:29 on May 9, 2010 Permalink | Reply
    Tags: , , , RFID market   

    China’ 2009 RFID Market Ranks 3rd In The World 

    “RFID and Internet of things in China Development Report 2009″ has released by China Information Industry Chamber of Commerce at 6th May 2010, which indicate the industry of RFID and Internet of Things grows very quickly. China has the capabilities that independently developed and produced with low frequency, high frequency and microwave electronic tag and reader. China also made great progress at the chip design and manufacturing, packaging labels, reader design and manufacturing, systems integration and management software etc.

    At present, about hundreds of Chinese companies involved with the internet of things industry. Shanghai, Tianjin, Wuxi, Shenzhen, Shenyang, Wuhan and Chengdu have established RFID industrial park. Statistics show that in 2009, China’s RFID market increase 29.3%, reached 8.51 billion Yuan which about 1.25 billion USD, ranks third in the world after Britain and the United States.

    China’s RFID application areas are continuously expanding,from identification, electronic ticket, to asset management, food and drug safety supervision, electronic documents, library, logistics etc. Furthermore, some cities are chosen as pilot city for Internet of Things applications. Qingdao as example, RFID applications has being used in financial, industrial production, public security, taxation, urban public utilities and more than 10 areas.

     
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