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Will RFID Chips Make Goods More Expensive In The Future?
May 16, 2018

Will RFID chips make goods more expensive in the future?


Basically what RFID chips can-do was already possible by other means. Their decisive advantage is that they can do it more quickly, electronically and at unbeatable lower cost. 


Today, in quantity of one million pieces, the electronics (chips, antenna,connecting circuit between chip antenna) for a smart tag is still not very cost-effective.


And that always is too much for most retail goods. In two to three years' time, however,the experts see these costs already falling to around 30% – although massive increases in volume and new manufacturing technologies are required to bring down costs below this level.


Xminnov is conducting research into such options.


Commercially, however, it will take five to ten years for this to become a reality.





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    Add:No.1 Xiang Hong Road, Xiang An High-Tech Zone, Xiamen City, Fujian Province

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    Fax:+86-592-3365890

    Email:sales@rfidtagfactory.com

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