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HCTech and ASIANA IDT Hold a Strategic Cooperation Signing Ceremony in JIANGSU

Oct 23, 2018, Jiangsu China - Suzhou HCTech and South Korea's ASIANA IDT hold a strategic cooperation signing ceremony, aiming to jointly launch the strategic cooperation agreement for China's domestic RFID business. ASIANA IDT Executive LEE Kyung-Su, Project Manager KIM Nam-Hoon, HCTech Chairman SUN Bin, General Manager WU Peng and Sales Director FANG Jie attended the signing ceremony. Upon the signing ceremony of the strategic cooperation, Suzhou HCTech and South Korea's ASIANA IDT will establish a new strategic cooperative relationship. Both parties agree to integrate the HCTech’s RFID chip resources and ASIANA IDT system integration, RFID solution, and jointly promote the application of RFID in the domestic manufacturing, logistics, circulation and automation industries.

Wu Peng and Lee Kyung-Su

HCTech and ASIANA IDT Team

Suzhou HCTech is a service provider specializing in RFID chips in China and has a leading RFID application import team. The company's RFID product line covers different frequency bands such as LF low frequency, HF high frequency, UHF ultra-high frequency, HF&UHF dual frequency and 2.4g, etc. Besides, it also provides chip solutions for RFID readers in each frequency band. From passive to active to encryption, the company's low-power RFID chips can be used in a variety of scenarios.

WU Peng, General Manager of HCTech, said that with its excellent reliability, HCtech’s chip products can be widely used in various industrial fields with complex environments. The next generation of UHF chips that the company will launch in 2019 will further help ASIANA IDT consolidate its leading position in industrial applications.


ASIANA IDT has RFID technology-based management scheme of production traceability management/plant energy consumption management/semi-finished products Fifo management/automatic warehouse management. Especially in the aspect of tire production and management, since 2012, RFID technology was first used in South Korea to link information of each tire with MES in real time, track and manage the whole process of production, logistics and sales, and combine with the new technology of Internet of things to bring the RFID tire management program to a new level.

LEE Kyung-Su, ASIANA IDT Executive said, through this cooperation, we can share our experiences and technologies in the RFID industry and enhance our market competitiveness. ”In the future, the two sides will not only cooperate in the tire industry, but also expand the scope to aviation, transportation, construction and logistics.

ASIANA IDT plans to go public on the main board in South Korea at the end of November, submitted its application for listing on October 16 and is in the process.

ASIANA IDT recently expanded its investment in research and development on the latest cutting-edge technologies such as the Internet of things, artificial intelligence and block chain. Through listing as an opportunity to reinforce strength and increase investment in research and development to ensure competitiveness and sustainable development.


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