The hottest cold air comes to RFID industry

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The financial crisis since the second half of 2008 has put a layer of frost on the global economy, and the RFID industry has been affected by it without exception. Recently, the RFID radio frequency express specially interviewed many domestic RFID enterprises and some users. They generally reflected that customers are short of cash flow due to the impact of the financial crisis, so they will be very cautious or even give up their investment in RFID in the short term

voices of all parties

overseas orders of labels dropped sharply

-- Xiamen Xinda Huicong

suspend all current informatization projects

-- one of the top three electronic information companies

the RFID project test of Liaoji technology in Shandong Jinan Iron and steel group was suspended this year

-- Liaoji technology

quite influential. Many customer orders and projects are in a suspension stage. Even when a customer order is placed, it is required to stop. When to start is uncertain

-- Beijing Guohe Haidali HDL

it has a certain impact on foreign orders, and domestic ones are better

-- Shanghai Fudan Microelectronics

there are very few lists abroad. It's pretty good in China. I don't think the impact is very big

-- Shenzhen fengtairuida (RFID radio frequency express note: responsible for foreign business)

our business is mainly in China. The domestic market is driven by the government. All projects have the shadow of the government, so the impact should be small. At present, it has not been reflected, and there must be some influence from abroad

-- Shanghai gold card

now it has a slight impact on us. Some foreign customers dare not place orders as easily as before

-- sensing technology

since China has just started and started from scratch, it seems that it has increased. In fact, some projects have been delayed because the budget has been affected and the customer has not implemented them. We haven't done much abroad, but the original two major customers haven't ordered for a long time

-- Shanghai zhenhuo electronics

we should see clearly the problems caused by labor-intensive problems

-- Shenzhen contemporary communication

at the recent scanchina2008 exhibition, Mr. Chen Yixin, manager of Shanghai Xianda Application Integration Department, said in an interview with RFID radio frequency express that the impact of the financial crisis was positive. The most pessimistic view is that 50% of the factories will be closed. The result of the financial crisis is not that things can not be sold, but that cash flow is out of order. For a manufacturer, if there is a problem with cash flow, he will have no money to buy materials and produce products. As a result, there is no way to make money. Therefore, the failure of these manufacturers is not because their products cannot be sold, but because they have no products to sell. In general, the negative impact is considerable, such as the retail industry and manufacturing industry. As the RFID application system is relatively expensive, the word "expensive" can only be used for the impact on the current cash flow difficulties. Therefore, many customers will have the idea of shelving the application of RFID system

it can be seen that the financial crisis on Wall Street has affected the business expansion of domestic RFID enterprises, especially export-oriented enterprises. Some original users or wait-and-see customers choose to be shocked for a period of time by investing in RFID systems with relatively high costs

in the face of the impact of the financial crisis, RFID radio frequency Express (rfidinfo) believes that RFID enterprises should pay more attention to the domestic market, pay attention to the introduction of a series of positive policy responses by the state, deeply understand the national guidelines and policies on sufficient construction land indicators, and dig out useful guidance for the enterprise to better survive the cold winter

this winter is not too cold

the crisis is also pregnant with great "vitality" to some extent. In terms of the overall international environment, according to the latest prediction of ABI research, the global RFID sales in 2008 will exceed US $5.3 billion, and the annual revenue growth will accelerate beyond the medium-term high growth, high-capacity applications, such as supply chain management, identity documents, ticketing and contactless payment. The financial crisis will also set off a new wave of mergers and acquisitions and the birth of new financing methods. In the long run, RFID is a sunrise industry. This financial crisis will be accompanied by the second major reshuffle of the domestic RFID industry. Whoever becomes the "leftover" in the financial crisis will become the king in the next round of prosperity

domestically, the most noteworthy thing in the RFID industry is the recent positive financial policies issued by the state. Premier Wen Jiabao chaired a State Council executive meeting on the 5th to study and deploy measures to further expand domestic demand and promote steady and rapid economic growth. The meeting identified ten measures to further expand domestic demand and promote economic growth. What impresses us most is that the 16 words "quick action, heavy fist, accurate measures and practical work" are exciting, which shows the efficiency and firm determination of the government to implement this series of policies and enhances the confidence of enterprises in coping with the financial crisis. RFID radio frequency Express (rfidinfo) reminds the RFID industry to pay special attention to Article 6 and Article 9, because these two articles are very beneficial to the RFID industry. Article 6 is to "accelerate independent innovation and structural adjustment, support the construction of high-tech industrialization and industrial technological progress, and support the development of the service industry". Article 9 is to "comprehensively implement the transformation and reform of value-added tax in all regions and industries across the country, encourage technological transformation of enterprises, and reduce the burden on enterprises by 120billion yuan"

rfid radio frequency Express (rfidinfo) learned from tax professionals that this value-added tax transformation has reduced the actual expenditure required by enterprises to purchase fixed assets such as machinery and equipment, which is conducive to enterprise equipment updating and technology upgrading. This will also be in a certain 1 Eliminating the influence of injection molding machine and mold factors will stimulate investment to a certain extent, which will pull relevant industries such as mechanical equipment, power equipment, electronic components and RFID hardware. Under the consumption based value-added tax policy to be promoted soon, enterprises can deduct more value-added tax from output tax as input tax in the process of purchasing fixed assets. As the input tax of equipment purchasing can be deducted, when equipment purchasing enterprises purchase equipment, the cash expenditure is reduced by 17%, and depreciation (17%) and business tax and surcharges are reduced, resulting in an increase in enterprise profits. The increase in the purchasing capacity and willingness of enterprises may increase the amount of equipment purchased. Equipment manufacturing enterprises are indirect beneficiaries in the process of value-added tax reform. As the purchasing capacity of equipment purchasing enterprises increases, it is possible to increase the efforts to update equipment, so as to promote equipment sales and benefit equipment manufacturing enterprises. RFID hardware is no longer "expensive" equipment for some potential users, which stimulates users to use RFID products to a certain extent, and will also enhance the confidence of RFID manufacturing and service enterprises in further investment. The Institute has expanded the detection scope for Baotou Institute of quality and accounting. For the transformation of value-added tax, RFID radio frequency Express (rfidinfo) believes that it is good news for the manufacturing industry as well as the RFID industry

in the face of the frost of the global financial crisis, every stakeholder in the RFID industry can not avoid it, but the road still needs to go on. The key problem is how to survive this turbulent period safely. The timely introduction of corresponding national policies has added warmth to this originally too cold winter. In particular, the reform measures of value-added tax will be a long-term favorable policy for the domestic RFID equipment manufacturing industry

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