RFID (radio frequency identification devices) are vital to logistics because it makes it very easy to track goods as they are being shipped.
Advanced ID Asia Pacific will acquire Shenzhen DDCT Technology Company, a China-based RFID manufacturer.
DDCT is involved in the development, production, and sales of RFID/UHF hardware, including UHF readers, and antenna tags in Asia.
Advanced ID and DDCT expect to finalize the deal with respect to Chinese and U.S. laws by the end of this year.
AIDO President and CEO, Dan Finch, said, ‘It is no secret that China is the most senior player in the Far East, and possibly in the world, relative to adoption of RFID and UHF tags and readers.’
Source: TMCNet.com
