The addition of Near-Field Communication technology to the popular mobile phone will increase contactless payments and open the door to many new applications.

ProStar Geocorp is deploying the RFID technology of its sister company, EchoRFID, to offer a holistic solution to track the GPS-based locations of pipes and other equipment in storage and in field installations, using RFID tags and handheld readers.

MIT has developed an RFID system that would allow users to capture tag reads with a small drone carrying a virtual antenna array to forward data between tags and a reader.

The company has adopted Brady Corp.'s Aerospace RFID Solution, which is intended to bring flexibility to users, with a choice of 11 different on- or off-metal tags that can be wrapped around equipment such as metal seat frames or oxygen canisters.

South Korea-based Samsung plans to invest $7 billion over the next three years to expand its memory chip production in the Chinese city of Xi’an in Shaanxi province.