RFID
RFID Talk Blog

WSJ: Avery Dennison RFID revenue headed for $1B

RFID continues to see increased exposure, most recently in the Wall Street Journal, which just published a very revealing piece on Avery Dennison’s promising RFID business, which is being driven by the phenomenal growth of retail apparel tagging.

The article pegs Avery’s RFID revenue is estimated at $50 million this year, possibly increasing to $150 million in 2011. Some analysts predict the company’s RFID revenue will eventually reach $500 million to $1 billion a year.

Avery’s net sales last year were $5.95 billion.

Click here to read the full Wall Street Journal article.

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