RFID leader’s stock poised for growth amid IoT boom By Investing.com
Impinj Inc. (NASDAQ:PI), a leader in Radio-Frequency Identification (RFID) solutions and Internet of Things (IoT) products, has been making significant strides in the market, as evidenced by its recent financial performance and growing adoption of its technology across various sectors. This comprehensive analysis delves into the company’s position, performance, and prospects in the rapidly evolving IoT landscape.
Company Overview and Market Position
Impinj specializes in providing a comprehensive platform for RFID and IoT solutions, including endpoint ICs, reader ICs, readers, and software. The company has established itself as a frontrunner in the RAIN tag market, particularly in key verticals such as retail, general merchandise, and…
