UPM Raflatac inks deal with Shanghai RFID System Technology
25 Jan '06
2 min read
UPM Raflatac is a world-leading supplier of pressure sensitive labelstock for a wide variety of needs in product and information labeling. In addition, the company is at the global forefront in the development and high-volume production of radio frequency identification (RFID) tags and inlays.
Shanghai RFID System Technology Co. Ltd., is a hi-tech enterprise concentrating on the development of solutions and tag systems by RFID. The total capital for the incorporation is RMB 5 million which is jointly invested by Shanghai Belling Co. Ltd. and Shanghai NewTouch Software Co. Ltd.
Located in the knowledge intensive area Lujiazui of Shanghai Pudong software park, and based on the strong development capability of RFID hardware supported by its investors, Shanghai RFID System Technology Co. Ltd., is poised to built up its leading position in the filed of RFID applications in China.