Leading software supplier PeopleSoft plans to set up an RFID (radio frequency identification) testing center in Taiwan by the end of this year, according to a Chinese-language Commercial Times report today.
Sun Microsystems will likely establish an RFID research and development center in Taiwan, indicated the paper. In addition, Microsoft currently undertakes development of RFID applications in its Asia-Pacific .NET center in Taiwan, the paper added.
Global demand for RFID hardware, software and services will grow at a 23% compound average growth rate (CAGR), from more than US$1 billion in 2003 to US$3 billion in 2007, according to the Wireless Data Research Group (WDRG). The US market should grab the top spot, with more than 40% market share, WDRG forecast.
Article translated by Jessie Shen and edited by Jessie Shen
