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Radio Frequency Identification Technology (RFID).


The technological developments that make Radio Frequency Identification See RFID.  Technology (RFID (Radio Frequency IDentification) A data collection technology that uses electronic tags for storing data. The tag, also known as an "electronic label," "transponder" or "code plate," is made up of an RFID chip attached to an antenna. ) so promising revolve mainly around the convergence and miniaturization min·i·a·tur·ize  
tr.v. min·i·a·tur·ized, min·i·a·tur·iz·ing, min·i·a·tur·iz·es
To plan or make on a greatly reduced scale.



min
 of technologies that have been around for a relatively long time. Convergence refers to the melding of computer technology with radios. And the miniaturization refers not only to making the RFID "tags" as they are known, smaller but also to innovative production methods-including printing-that make it possible to turn out huge numbers of these tiny tags at extremely low cost.

Benefits to consumers include lower prices for a wide range of durable and non-durable goods resulting from cost efficiencies introduced at many levels of the development, production and distribution processes. More efficient inventory applications are common. Error reduction is a major cost benefit as well.

Consumers benefit, too, from the ability to get additional product information at the point of sale-information on promotion pricing as well as care or nutritional updates.

Many of these benefits are in place in the Asia Pacific region in urban areas.

According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 a November 9, 2006 press release from IDTechEx, a research and consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee
consulting company

business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a
 in the United Kingdom, the future of RFID holds great promise for consumers in the region. Following are some of the more advanced applications either just introduced or imminent-taken from IDTechEx's database of over 2,400 current RFID case studies.

In the Philippines, for example, RFID technology has made possible stored value cards that replace cash and reduce long lines In communications, circuits that are capable of handling transmissions over long distances.  for consumers.

In Thailand, RFID is being used to tag chickens to help in the fight against poultry disease Poultry diseases are diseases that afflict poultry. The eradication of poultry disease is very important to the poultry industry. Major types of poultry include chicken, turkey_bird, duck, ostrich, cornish game hen, etc.

A list of major poultry diseases includes coccidiosis.
 in general and bird flu bird flu: see influenza.
bird flu
 or avian influenza

viral respiratory disease, mainly of birds including poultry and waterbirds but also transmissible to humans.
 in particular.

In Australia, there is an ongoing program to use RFID to tag boats for theft protection.

Environmental programs are taking hold in the region. China, for example, has a program in place to tag pandas to study and preserve the species.

Culture as well benefits. In Korea, RFID tags make an automated museum tour possible. RFID tagging also helps prevent art theft in many parts of the world.

People tracking is a growing application, from national identity cards in China to student tracking in India and Japan for safety as well as attendance.

IDTechEx says it knows of over 10,000 RFID projects worldwide.

CONSUMER MARKET INSIGHTS:
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Article Details
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Publication:Market Asia Pacific
Geographic Code:0PACR
Date:Nov 1, 2006
Words:373
Previous Article:Vietnam's consumer market continues to mature.(International Monetary Fund)(Vietnam's per capita income)
Next Article:Solid progress for the Philippine economy.(Brief article)
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