Latest news with #Gen2X
Business Wire
28-05-2025
- Business
- Business Wire
Hana RFID Launches Ultra-Compact TX5015 M830 Inlay, Setting a New Standard for High-Performance RFID in Tight Spaces
SOLON, Ohio--(BUSINESS WIRE)-- Hana Technologies, Inc. (Hana RFID), a global leader in RAIN RFID innovation, announces the release of the TX5015 M830, a groundbreaking new ARC-Certified RFID inlay designed for Apparel, Consumer Electronics, Loss Prevention, and Sporting Goods applications. Built for the demands of Retail, Supply Chain, and Logistics sectors, the TX5015 redefines performance in a compact footprint. 'We're thrilled to see innovative new inlays like the TX5015 M830, which take advantage of the improved tag readability and reliability of the Impinj M800 series tag chips and Gen2X,' said Gahan Richardson, Executive Vice President, Impinj Business Unit At nearly half the size of the traditional 50 x 30 mm inlay, the TX5015 delivers full-size performance in a unique, ultra-compact form factor. Powered by the latest Impinj M830 tag chip, this inlay delivers superior sensitivity, reliability, and encoding speed—without compromise. Beyond its innovation in form factor, the TX5015 M830 enhances production efficiency by enabling higher units-per-hour (UPH) throughput for label converters, ultimately accelerating time to market. It also reduces material consumption, which lessens environmental impact, and cuts down shipping costs by optimizing packaging density. For customers, supplying retail playbook users such as Walmart, Dick's, Macy's, Dillard's, and Nordstrom, this means not only greater flexibility in tag placement—especially in tight or hard-to-tag areas—but also better operational and economic performance. 'Our engineering team worked closely with Impinj and industry partners to develop a compact solution that doesn't compromise performance,' said Dr. Jeremy Liu, CTO of Hana RFID. 'The TX5015 represents a new benchmark in size and efficiency, and it reflects our continued commitment to driving innovation in the RFID industry.' Gen2X Enabled The TX5015 M830 supports Gen2X, a powerful enhancement to the RAIN RFID radio standard developed by Impinj. Gen2X improves read speed, increases tag read range, and increases accuracy, especially in dense or complex environments. It reduces inventory count times and enhances readability of small or embedded tags, helping to lower labor and hardware costs. It also improves directional accuracy at dock doors, declutters shipment loading zones, supports loss prevention at self-checkout, and addresses privacy and anti-counterfeiting concerns—all while operating seamlessly with the RAIN RFID radio standard (GS1 Gen2, standardized as ISO/IEC 18000-63). 'We're thrilled to see innovative new inlays like the TX5015 M830, which take advantage of the improved tag readability and reliability of the Impinj M800 series tag chips and Gen2X,' said Gahan Richardson, Executive Vice President and General Manager, Impinj Business Unit. ' We are excited to work with Hana RFID to deliver high-performance inlays in compact sizes, enabling businesses to leverage RAIN RFID item connectivity in more use cases.' Now available for sampling and volume production, the TX5015 M830 is the latest example of Hana RFID's dedication to delivering cutting-edge RFID technology for a smarter, more connected world. About Hana Hana Technologies, Inc. (Hana RFID) is a global leader in advanced manufacturing and technology solutions, with a focus on RFID. It is dedicated to developing and manufacturing ARC-certified RFID inlays and embeddable (tire) tags. Founded in 1999 and headquartered in Solon, Ohio, USA, Hana is a proud member of the HANA Microelectronics Group. –
Yahoo
06-02-2025
- Business
- Yahoo
Impinj Inc (PI) Q4 2024 Earnings Call Highlights: Record Revenue Amid Inventory Challenges
Release Date: February 05, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Impinj Inc (NASDAQ:PI) achieved its fourth consecutive year of double-digit revenue growth, setting a new annual revenue record. The company's financial unit volumes grew by 34% over 2023, indicating strong market demand. Impinj Inc (NASDAQ:PI) reported record annual adjusted EBITDA and free cash flow, driven by top-line growth and strong operating leverage. The launch of Impinj Gen 2 X has been well-received, with top reader partners already deploying it, enhancing performance and security of RAIN systems. The company is directly engaged with two large grocery chains, indicating potential for significant future growth in the food sector. Impinj Inc (NASDAQ:PI) faced headwinds at the end of the fourth quarter, including geopolitical uncertainty and tariffs, affecting partner bookings. The company anticipates a sequential decline in endpoint IC revenue in the first quarter of 2025 due to excess inventory and lack of large new program ramps. Aggressive label price shopping and shorter ordering cycles have disrupted partner bookings and delayed orders. The first quarter of 2025 is expected to be impacted by partners having excess endpoint IC inventory, leading to rescheduled orders. Impinj Inc (NASDAQ:PI) expects gross margin to decline modestly in the first quarter of 2025, marking the low point for the year. Warning! GuruFocus has detected 5 Warning Signs with PI. Q: Can you explain the timing and reasons behind the inventory build-up and push-outs experienced in Q4 2024? A: (CFO) The inventory build-up was due to a mix of demand and timing, with demand being the larger factor. Our partners expected stronger demand entering 2025, which did not materialize as anticipated. Additionally, aggressive label price shopping and changes in inlay supplier mix contributed to the inventory build-up. We are now seeing shorter lead times and reduced inventory levels from our partners. Q: How does this inventory correction compare to previous ones, and what is the expected recovery timeline? A: (CEO) We took swift action upon noticing the correction in Q4. While we are not predicting the exact duration, we are actively working with partners to reduce excess inventory. We believe we are better positioned this time with our seasoned team and strong market offerings like Gen 2 X and M800. We expect to accelerate out of this correction but are not providing a specific timeline. Q: How many weeks of excess inventory do you have, and is it concentrated in specific areas? A: (CFO) We have a few weeks of excess inventory, primarily concentrated in logistics due to changes in demand from our second large logistics provider. Q: Can you provide more details on the aggressive price shopping and its impact on ASPs? A: (CFO) The aggressive price shopping is due to overcapacity in the market, leading to competitive dynamics at the label level. This has resulted in delayed orders. We expect ASPs to decrease as the M800, a lower-priced SKU, ramps up. However, we anticipate gross margin improvement due to the lower cost of M800. Q: What is the outlook for large program ramps in 2025, and how does the pipeline look? A: (CEO) We have a strong enterprise pipeline with opportunities in food and other sectors. However, we are currently in a lull with no new Fortune 100 companies entering the market in the first half of 2025. We expect strong growth in the future as these opportunities materialize. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
