Jul 1, 2012
China Materialia LLC made an investment in Thingple Technologies, a company developing RFID products and solutions. Thingple is a newly formed company to develop RFID-based products and solutions for industrial settings.
Dr. Min Zhou, who invested in Impinj, a leader in RFID chip industry in 2003, commented: “RFID industry has huge growth potential in China, we are just seeing the beginning of industry build-up, there will be winners in all parts of the value chain, we are glad to back the Thingple team to start the exciting venture”.
Dr. Min Zhou has joined the company’s Board of Directors as Chairman of the Board.