Member Article

PragmatIC’s ConnectIC order-book exceeds 20,000,000 units in just two months

PragmatIC, a world leader in ultra-low-cost flexible electronics, has received orders for over 20 million flexible integrated circuits (FlexICs) in just 2 months. Orders from customers in Europe, North America and Asia endorse PragmatIC’s unique technology platform as the ideal solution for introducing connectivity into mass market applications.

“These initial volume orders highlight the attractiveness and uniqueness of our ConnectIC product line”, said Scott White, CEO of PragmatIC. “Global companies, eager to enhance their digital presence, have quickly identified a variety of exciting use-cases for connectivity in everyday items.”

Throughout 2019, PragmatIC will continue to ramp production in the UK and work with its partners to enable even more companies to leverage the benefits of FlexICs in their high-volume applications.

Other products in the ConnectIC family are already in development, addressing a range of use scenarios from open standards-based environments to customer-bespoke solutions.

ConnectICs are targeted at market segments including food and beverage, personal and home care, pharmaceutical and healthcare. They also support the introduction of digital interactivity into physical toys and games, bringing the dynamic nature of online gameplay into the real world.

“The RFID market is already worth $11 billion in 2018, rising to $13.4 billion by 2022”, said Raghu Das, CEO of market research firm IDTechEx. “The rapid adoption of PragmatIC’s ultra-low-cost technology has the potential to increase the addressable market by an order of magnitude or more.”

This was posted in Bdaily's Members' News section by Scott White .