Which RFID Companies Have Made Significant Capacity Expansion Progress in 2024?

In 2024, several RFID companies have made significant progress in mergers, acquisitions, financing, and capacity expansion:

• HC-Innovation completed a nearly $14 million Series B+ funding round, with a post-investment valuation of $140 million, aimed at expanding its RFID chip portfolio and AIoT digital solutions.
• Laxcen invested $28.5 million to establish a RFID chip packaging project with an annual capacity of 3 billion units, creating the largest domestic packaging base.
• Arizon invested $71.43 million in building an RFID factory in Hongyan Province, expecting an annual output of 30 billion RFID tags.
• MCC acquired the U.S.-based RFID label company Starport Technologies to enhance its competitiveness in the supply chain and retail markets.
• Avery opened its largest RFID factory in Mexico with a total investment exceeding $179 million.
• Beontag invested $80 million in establishing a new RFID factory in the U.S., with an annual production capacity of 3 billion RFID tags.

This clearly shows the market's confidence in the future of RFID. We forecast an incremental market of over 20% per year. At Shenzhen Sunlanrfid Technology Co., Ltd , we are also learning from these companies by continuously increasing our investment in RFID labels, expanding our capacity and market share, and providing better products and services to our clients!

?? Our Advantages:

• Strong Capacity: Annual production of 1 billion RFID labels, with equipment supporting orders of 1 to 5 million pieces per month.
• Focus on Tag Production: We specialize in RFID label production, ensuring high product quality and timely delivery.No systems involved, no direct competition

• Price Protection: Enjoy special pricing policies to maintain a competitive edge.
• Product Training: Receive comprehensive product training and technical support to boost your sales capabilities.
• Advertising Support: Benefit from market promotion to enhance brand exposure.
• Customer Referrals: Leverage our customer resources to expand your business.

?? We Are Looking For:

We are actively seeking system integrators who are interested in exploring the potential of RFID technology. If you are looking for a reliable RFID partner with the capacity to meet your business needs, look no further!

With the growing confidence in RFID technology, now is the best time to join the RFID industry! We welcome motivated individuals to collaborate with us, work together, and share in the bright future of this industry.

?? Contact us now for more information:

• WhatsApp: +86 17322619244
• Email: [email protected]

Let’s seize the RFID future together and create greater value! ??