RFID in u-Korea

June 28th, 2005

The South Korean government is investng US$800 million into RFID research and development. Link

Daeje Chin, the Korean Minister of Information and Communication, said after several pilot projects the government believes RFID to be as important as the mobile phone business.

Chin said: “This will be very important for us in the next 10 years. The handset business is very big but RFID will be as important. We are trying to procure a number of goals with RFID and the application of new technology brings benefits in all social systems including the individual family.”

South Korea is also pushing ubiquitous computing (“anytime, anywhere, and on any device”) as a way to keep it’s mobile IT business expanding. Korea is a country with 47M people and 35M mobile subscribers. Link