As a result, Hitachi and Oracle are expecting an increase in demand for integrated circuit tags for a wide range of products. The IC tags are tiny chips that store information on where a product was produced and by who. A reader can be used to access such information and also to confirm that the product is authentic.
According to a Nikkei report, the IC tags will cost about 10 yen (about $0.08) each. In an initial step, both companies will target tickets for events such as the Beijing Olympics in 2008 and the 2010 World Expo in Shanghai.
Source:
Yahoo (Reuters)
Written by: James Delahunty @ 3 Jun 2007 16:49