Samsung to develop single-chip RFID reader for mobile devices

“While it can be embedded into devices such as mobile handsets and handheld readers used in retail stores, initially the major application for Samsung’s new RFID reader chip is expected to be in card-type readers that plug into mobile handsets. This will provide consumers with immediate access to the new technology.”

????RFID chip reader systems allow consumers to pull context-specific information into their mobile devices while on the go.???? said Dr. Chilhee Chung, senior vice president of Samsung Electronics’ System LSI division.

“According to market research firm RoA Group, the global demand for mobile RFID is expected to grow from $26.9 billion in 2007 to $701 billion by 2010, for a compound annual growth of 196 percent.”