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Oracle: Chinese RFID Standards Won't Hike RFID Costs
Oracle's VP of internet technology believes the Chinese government's decision with regards to RFID standards will not likely affect the price of RFID technology.
Oct 04, 2004—This article was originally published by RFID Update.
October 4, 2004—Oracle's VP of internet technology believes the Chinese government's decision with regards to RFID standards will not likely affect the price of RFID technology. He noted that if China decided to use a standard incompatible with the U.S. and Europe's, goods flowing out of China would become more expensive since additional technology would have to be put in place to handle the differing standards. This increase in costs, in turn, would undermine China's manufacturing prowess, leading to an unwelcome decrease in its exports. He also noted that the vast swell of data produced by China's adoption of radio frequency identification technology will create an "explosion" in demand for Oracle products.
Read the article at ComputerWeekly.com
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