Identity, Security, Payments, Biometrics, Smart Cards and Authentication News

China RFID Market Grew 23 Percent in Second Quarter of 2007

Sunday, October 14, 2007

China’s RFID market grew nearly 25 percent to reach the $1.076 billion mark in the second quarter of 2007, says Beijing market research firm Analysys International.

Analysys, which follows technology, media and telecom (TMT) industries in China, unveiled this data in its new report “China RFID Market Quarterly Tracker Q2 2007” – which details the 23.4 percent (quarter on quarter) increase.

This subject is further discussed in the report China RFID Market Quarterly Tracker Q2 2007. For more information, check out the web site at http://English.analysys.com.cn [end] 

BlackBerry smart phones account for 80% of NFC-enabled phones in the UK, according to RIM senior director of sales and operations, Gerry Kelliher

“Eighty percent of mobile devices with NFC sold through retail in Q1 2012 were [Blackberry] NFC devices, compared to 72 percent in 2011,” Kelliher told The Inquirer. “We’ve shipped devices from last August compatible with NFC because we really felt that bringing that to market is something people can relate with.”

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EMVCo, the EMV technology standards body owned by American Express, JCB, MasterCard and Visa, released data showing the growth of EMV acceptance around the world, with nearly half of all payment cards and three-quarters of all payment terminals in circulation being based on EMV technology.

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The Ministry of Public Security in China announced the country will start to issue a new type of passport bearing an electronic chip containing the holder’s personal information, according to the China Daily.

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LEGIC Identsystems Ltd. is continuing to expand its partner network in China collaborating on new installation ranging parking solutions, access control, and personal identification.

Shenzhen Chuangtong Intelligence Equipment, a Chinese company focusing on the manufacturing of contactless parking solutions and integrated identification systems, will leverage LEGIC based products for access control installations, especially for car parks.

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16 million NFC SIM cards were shipped in 2011, according to the latest annual report from the SIMalliance, a SIM card trade association.

This marks the first time that NFC-enabled SIMs have been shipped in large enough quantities to be included separately in the SIMalliance annual data, according to the organization.

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A new study reveals the market for RFID transponders, readers, software and services will generate more than $70.5 billion from 2012 to the end of 2017.

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