Product category: Communications ICs (Wireless)
News Release from: NXP (formerly Philips Semiconductors)
Edited by the Electronicstalk Editorial Team on 3 October 2005
Collaboration is key to RFID advances
Philips Semiconductors will use the OECD RFID conference in Paris this week to call on industry and government to improve their collaboration to take advantage RFID technology
Philips Semiconductors, the world's largest RFID chip maker, will use the OECD RFID conference in Paris this week to call on industry and government to improve their collaboration to take advantage (and avoid the pitfalls) of what will become the most pervasive technology ever seen. By 2010 RFID technology will be the basis for a $10 billion industry with over 100 billion tags in healthcare, supply chain, retail and banking environments - significantly dwarfing mobile phone penetration.
This article was originally published on Electronicstalk on 3 October 2005 at 8.00am (UK)
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While the potential to protect health, improve personal security, enable fast and secure transactions and create new industries has been well documented, the industry cannot avoid privacy and security concerns.
Consumers are worried about the implications that industry and governments can track and trace everything they do.
Similar technology developments such as mobile phone, TV and even electricity standards have not always been well managed by governments and industry.
Unless the key players - technology companies, national and international governments and research and academic institutions - work together, the full benefits of RFID technology will not be realised.
Philips Semiconductors will be making a clarion call at the OECD conference on RFID to: ensure global interoperability of RFID standards; establish flexible regulatory frameworks; allow for industry self-regulatory approach; address data privacy issues; and stimulate R and D to drive innovation.
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