Shanghai Fudan Microelectronics Group Co., Ltd

10/03/2024

FUDAN MICRO

24/07/2023

Do you know how Fudan Microelectronics Group Co., Ltd. (Fudan Micro) is performing in the NFC and RFID markets? Here are some facts and figures that will impress you:

- Fudan Micro is a semiconductor company established by Fudan University in 1998, specializing in the design, development and system solutions of ultra-large-scale integrated circuits.
- Fudan Micro has launched the SMAP smart mobile platform chip that complies with the NFC standard, as well as the matching NFC-SE and NFC-TAG chips, which can be applied to public transportation, point consumption, identity verification, logistics tracking and other fields.
- Fudan Micro achieved operating income of about RMB 1.832 billion in the first nine months of 2021, an increase of about 53.53% over the same period last year; net profit attributable to shareholders of the company was about RMB 388 million.
- According to market research firm IDTechEx, the global NFC market size is expected to grow from about $10 billion in 2020 to about $15 billion in 2025, with a compound annual growth rate of 8.3%.
- According to market research firm MarketsandMarkets, the global RFID market size is expected to grow from about $10.3 billion in 2020 to about $17.4 billion in 2025, with a compound annual growth rate of 11.0%.
- According to market research firm Grand View Research, China is one of the largest RFID markets in the world, accounting for about 20% of the global market share, and is expected to maintain rapid growth.

These information show that Fudan Micro is a company with technical strength and market competitiveness in the NFC and RFID fields, and benefits from the rapid development of these two markets. If you are interested in investing or cooperating with Fudan Micro, please feel free to contact us.

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