Identiv Collaborates with NXP to Make IoT Applications Accessible with Ultra-Low-Cost NFC Inlay

Identiv, Inc. (NASDAQ: INVE) today announced a new ultra-low-cost radio frequency identification (RFID) inlay in collaboration with NXP® Semiconductors N.V. Using NXP’s near field communication (NFC) IC NTAG® 210µ, Identiv’s Dry Inlay (25 mm diameter) has launched at an unrivaled price of $0.05 a tag for a minimum order of 20Ku. Compatible with any Android or Apple iOS 11 and up NFC-enabled device, the inlay is ideal for enabling NFC use cases including Internet of Things (IoT) and customer engagement applications. With over two billion NFC reader-enabled devices deployed globally, NXP’s easy-to-use inlay is designed to facilitate the adoption of NFC technology across markets in which contactless technology has typically been cost-prohibitive. Identiv’s Dry Inlay design (chip + antenna + epoxy glue + [PET] film) or wet (adhesive backing) inlays can be directly embedded in or converted into finished products. Ideal applications for Identiv’s inlay portfolio include the Internet of Things (IoT), NFC smart posters and billboards, libraries, event and transportation ticketing, automotive and chemical industries, logistics and supply chain, asset management, pharmaceuticals and healthcare, fast-moving consumer goods, beauty care, spirits, device authentication and counterfeit protection, electronic games, event management, wearable technology, and customer loyalty programs.