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Impinj to invest $14mn in electronics companies
24
Jan '08
Leading semiconductor and RFID technology provider Impinj Inc announced new investments of more than $14 million from several of the world's leading electronics companies including:
•Inventec Appliances Corporation (IAC) is a global leader in smart handheld devices and Internet appliance solutions, specializing in multimedia, broadband and wireless technology convergence.

With integrated engineering design and manufacturing capabilities, IAC provides world-renowned ODM customers innovative products and solutions to address the latest high-potential market trend – connected anytime and anywhere. IAC also markets its own brand OKWAP handsets in the Greater China market. Headquartered in Wugu Industrial Park, Taiwan, IAC is traded on the Taiwan Stock Exchange market under ticker symbol 3367.TW.

•LS Industrial Systems Co Ltd (LSIS), formerly LG Industrial Systems Co., Ltd., is the leader in industrial electric machinery and systems in Korea. In 2004, LS Industrial Systems designated RFID as one of its core business areas and built the first and largest RFID tag and reader production infrastructure in Korea.

•Samsung Ventures America (SVA) is the US operation of Samsung Venture Investment Corporation (SVIC), the venture capital arm of the Samsung Group. SVA and SVIC collectively manage over $400 million, tracking closely to the strategic priorities of Samsung Electronics' and other Group companies' core operating divisions, and encompassing investments in semiconductors, displays, telecommunications, and consumer electronics.

YFY Group, Taiwan's largest papermaking conglomerate, recently launched an RFID subsidiary, Yeon Technologies Co., Ltd., providing value-added UHF RFID services that boost operating efficiency and help companies keep up with the global trends.

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Courtesy: Reliance Industries

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