Philips and IBM join forces
Sunday, 18 April, 2004
Philips and IBM are jointly developing systems for radio frequency identification (RFID) and smart card applications. The companies will combine to address the growing need for high-security smart cards and RFID technology in day-to-day business processes, operations and consumer lifestyles.
The key end-application areas that the companies plan to address are RFID solutions for supply chain management, retail and asset management, as well as smart card solutions for finance, egovernment, transportation and event ticketing.
Within the scope of the joint co-operation, IBM Global Services will also build an RFID system for Philips Semiconductors division manufacturing and distribution facilities in Taiwan and Hong Kong.
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