RFID chip has broad application prospects

On August 28th, Chongqing Fangju Technology Group Co., Ltd. (hereinafter referred to as Fangju Technology Group) announced that it will invest 5 billion yuan to implement the industrial production of Fangxin Yongcun RFID chip in Chongqing and further promote the intelligent data industry in Chongqing. Development, for economic empowerment and efficiency. By then, it is estimated that the annual sales can reach 100 billion yuan, which is the first private technology company in Chongqing to invest heavily in the chip industry.

RFID chip is the abbreviation of radio frequency identification chip processing technology. The principle is non-contact data communication between the reader and the tag to achieve the purpose of identifying the target. RFID chips are widely used. Typical applications currently known are animal wafers, automotive wafer immobilizers, access control, parking lot control, production line automation, and material management. The complete RFID system consists of three parts: the reader, the electronic tag and the data tube library system.

At this stage, the development of China's RFID industry started late, and is now entering a breakthrough key technology stage, mainly in the design and packaging of chips and the establishment of RFID standards. As China's relevant government departments continue to increase their policy support for RFID, it has created a good growth environment for the development of RFID. In the future, the market size of China's RFID industry is expected to reach 200 billion.