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NXP Launches Industry's First Livestock RFID Solution with Anti-Collision Technology

Leading semiconductor company, NXP, recently announced its latest low frequency RFID IC aimed at livestock identification and industrial logistics, the HITAG.

The new IC offers the highest RF performance for effective tracking of livestock with industry benchmark read distances. Due to a fast write…     Read more

PowerID Brings on Five New Partners in Europe

PowerID Ltd., the industry leader in Battery-Assisted, Passive (BAP) RFID technology, announced that it has concluded partnership agreements with five value-added reseller and system integrator partners in Europe following the opening of its Netherlands office in May 2008.

New partners include Bluhm Systeme (…     Read more

Ekahau and GTSI to Deploy Wireless Asset Tracking Solution at Fort Campbell

Ekahau Inc., a leading provider of Wi-Fi based Real Time Location Systems (RTLS), announced that it is working with GTSI Corp.(R), an IT enterprise infrastructure solutions and services provider to government, to deploy the Ekahau Real Time Location System (RTLS) in the Blanchfield Army Community…     Read more

Texas Instruments and 3M's Decade-Long Relationship Delivers RFID Innovation to Libraries Worldwide

Texas Instruments Incorporated (TI), and 3M Library Systems recently celebrated a 10-year relationship that has created one of the major markets for RFID technology. To date, millions of TI Tag-it HF-I chips help libraries track periodicals in 3M Library Systems worldwide. Developed with…     Read more

Advanced ID Announces $3 Million Funding Agreement with La Jolla Cove Investors

Advanced ID Corporation, a leading developer of RFID technology for livestock tracking, pet recovery and supply chain applications focusing on the tire management industry, announced that it has entered into a funding agreement with La Jolla Cove Investors ("LJCI") for $3 million. The proceeds from…     Read more

 
RFID-Anticounterfeiting
Global Theft Costs Retailers and Consumers $104 Billion Annually
Thursday, 13 November 2008

The level of global retail theft reached $104.5 billion in the past year, leading to increased costs for both retailers and consumers alike. The second annual Global Retail Theft Barometer found that while global retail shrink as a percentage of total sales has declined slightly in the past 12 months, the overall cost of retail crime has increased substantially.

"The cost of retail shrink is not just borne by retailers, but by consumers and society at large," said Rob van der Merwe, President and CEO of Checkpoint Systems, Inc.. "Shrink is a serious threat to retailers' bottom lines, and amounts to a hidden 'tax' on consumers who are already dealing with strain of their tightening household budgets during the economic downturn."

 

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