Spending on RFID To Surpass $1 Billion

IDC forecasts that RFID expenditures will reach nearly US$1.3 billion in 2008 from the current level of $91.

IDC forecasts that RFID expenditures will reach nearly US$1.3 billion in 2008 from the current level of $91.5 million, as manufacturers, suppliers and distributors scramble to meet the Wal-Mart and DOD mandates.