Anti-counterfeit tech set for growth
The global market for anti-counterfeiting technologies could reach $82.2 billion by 2015, reports Securing Pharma.
This is according to research from Global Industry Analysts, which says the North American and European markets collectively account for a major share of the global anti-counterfeit packaging market.
The analyst firm says in a report: "With the security threat graph spiking a tad too rapidly for manufacturer's comfort, demand for anti-counterfeit products and services is experiencing a steady rise. Holograms, tags and radio frequency identification (RFID) labels will all play their part in the fight against counterfeiting.”
Intel takes on RFID market
Chipmaker giant Intel is looking into new markets and manufacture technologies, including RFID, states Skatter Tech.
Intel is poised to acquire the wireless communications division of German company Infineon, which is involved with designing and manufacturing RFID, cellular chipsets and GPS products.
By acquiring Infineon, Intel would be positioning itself firmly in the mobile communications market. This would put the company in direct competition with major wireless chipset manufacturers like Qualcomm.
US army makes hefty RFID purchase
Comtech Telecommunications has revealed that its subsidiary, Comtech Mobile Datacom, received orders from the US Army totalling $47.4 million for its movement tracking system (MTS), says Market Watch.
This supports the Army's move towards full adoption of the RFID ISO 18000-7 standard. As part of the contract, the US Army has bought out Comtech's ISO-compliant Echo Point RFID reader integrated with encrypted GPS.
Fred Kornberg, president and CEO of Comtech Telecommunications, says: "Most of these service orders support Comtech's continued provision of the satellite network operations management, programme management, and technical support services required to support the US Army's MTS Programme.”
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