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”.

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Dr. Min Zhou has joined the company’s Board of Directors as Chairman of the Board.