The "2024 'IoT Star' China IoT Industry Annual List" was officially released recently.
Congratulations to SML Group, a leading global label and retail solution provider, for being selected as one of the top 100 companies in the "2024 'IoT Star' China IoT Industry Annual List", standing out from many competing companies.
Company Introduction
SML Group is a leading global supplier of label and retail solutions and a trusted partner of many international retail brands. Since its establishment in 1985, SML has achieved many important milestones in the label industry and won the trust of global retail brands with its outstanding innovation capabilities and deep insight into customer needs. It has served more than 600 well-known retail brands and completed the full coverage of RFID solutions and RFID tags in more than 16,000 stores, achieving efficient inventory management, optimizing its supply chain, improving store operation efficiency, and improving consumer experience.
SML has more than 20 label production and RFID R&D laboratories around the world, providing the global retail industry with complete retail solutions from traditional labels and accessories to RFID inlay, labels, packaging, and patented inventory management systems.
As a leading global RFID supplier, SML's label products and RFID solutions provide highly ROI solutions for brands in various industries such as electronics, household goods, perfumes and cosmetics, eyewear accessories, food and fast food restaurants.
In 2024, SML won the Retail System Annual In-Store Technology Award for its Clarity® solution, which represents recognition of SML's outstanding achievements in RFID technology and demonstrates SML's influential innovation and technical strength in the retail industry.
SML Group's total revenue in 2024 increased by double digits compared to 2023, accounting for more than 40% of the smart retail sector (including RFID). Global RFID shipments reached 2 billion, with sales covering Greater China, East Asia, South Asia, Europe, the Middle East and North America.
In addition, after nearly four decades of hard work and innovation, SML has successfully transformed from a label supplier to a partner of sustainable label packaging and RFID solutions.
In 2024, SML released more than 10 new products, including wash labels, customized hooks and other products, promoting the sustainable development of society with IoT technology. For example, the new digital wash labels designed for the retail industry not only provide clothing care guidelines, but also open the door to a green future and promote the development of a circular economy. The new customizable environmentally friendly paper hooks are made of 100% FSC-certified recyclable materials, without the use of petroleum-based plastics, and can provide a variety of product options including sandals, scarves, underwear, socks, etc.
In addition to traditional retail, SML's fastest-growing customer areas in 2024 also include vertical fields such as supermarkets, logistics, books and medical care.
Congratulations again to SML for being included in this year's IoT Star annual list. As a world-leading RFID and IoT solution provider, SML leads the development of global labeling and retail solutions with its outstanding performance in technological innovation, product application and market expansion, setting a new benchmark for the industry.
This paper is from Ulink Media, Shenzhen, China, the organizer of IOTE EXPO (IoT Expo in China)
