TOKYO -- Japanese materials maker Toray Industries has devised a production technology that will slash the price of a smart tag, or a radio frequency identification tag, used for merchandise management by 80% to less than 2 cents each.
Technology
Materials maker Toray's new tech to slash smart tag price by 80%
Lower cost to help spread self-checkouts and other connected services
Fast Retailing, the parent of Uniqlo, has adopted smart tags to streamline product shipments and inventory management.
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