Philips and IBM form RFID, smart card partnership
Jan 29, 2004 12:00 PM
Philips Electronics and IBM have formed a partnership to jointly develop customer systems for radio frequency identification (RFID) and smart card applications.
Philips and IBM will join forces to address the growing need for advanced high-security smart cards and RFID technology in day-to-day business processes. The application areas to be addressed include supply chain management, retail and asset management, as well as smart card solutions for finance, e-government, transportation and event ticketing.
IBM Global Services will also build an RFID system for Philips Semiconductors division manufacturing and distribution facilities in Taiwan and Hong Kong.
The first joint project between the two companies is the development and implementation of an RFID solution within Philips' Semiconductors division to improve the business processes within the manufacturing and distribution supply chain, inventory management and control as well as to enhance customer satisfaction.
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