The Integrated Circuit Design Research and Education Centre (ICDREC) under the Vietnam National University - HCM City announced the commercialisation of the radio-frequency identification (RFID) high frequency chip on August 12.
The chip is the result of the State-level research project ‘Designing and manufacturing RFID chips, card readers and systems’ presided over by the VNU-HCM City with a cost of VND145.7 billion (US$6.6 million) funded by the Ministry of Science and Technology and the Saigon Industrial Corporation.
Radio-frequency identification involves the wireless use of electromagnetic fields to transfer data, automatically identifying and tracking tags attached to objects.
The success of the project would help Vietnam, which has a growing demand for RFID chip and chip-using devices, avoid dependence on foreign suppliers.
On the occasion, Japan’s Shoei Company and Vietnam’s VietNet Company signed contracts to manufacture and commercialise RFID high frequency chips and related systems.