SML Announces Global Expansion
July 6, 2018
Dallas-based RFID solution provider SML has announced the expansion of its presence across the retail industry, producing more than 1.4 billion encoded RFID tags—allowing the company to deliver encoded tags to more than 95 percent of retail RFID rollout projects across the globe. The Item-Level RFID encoded tag market is currently growing at a rate of more than 30 percent each year. Active in 20 countries, SML currently operates the largest network of RFID tags worldwide.
“SML Group recognized years ago that encoding close to the vendor was a necessity, therefore encoding solutions were built to support rapid set-up and expand to support the market demand,” says SML Group CEO KC Lau. “This strategy has since been well received by customers and differentiates us from others in the market. We expect to double our capacity every two years, as we continue to grow faster than the broader market. SML’s emphasis on expansion is not solely production related, but also embraces the area of sustainability. We develop and produce sustainable products without compromising quality, performance or speed. Inlay designs, labels and all other RFID solutions provide retailers with full coverage of the technology, including remote RFID printing solutions for garment vendor logistic centers and retail stores.”
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