The world is changing faster than we can imagine. These new chips have a technology called NFC, which enables data to be exchanged wirelessly over distances of a few centimeters, meaning mobile phones can be used to pay for goods, store electronic tickets, download music and swap photos and business cards. To read more see this article

Robb Hammond, founder and president of AERI (American Electronic Resource, Inc.). Founding member and former committee chair of the SAE AS6081 Standard created for the avoidance of counterfeit electronic components. Robb founded AERI in Costa Mesa, California, in 1994 as an independent distributor of hard-to-find, obsolete and allocated electronic components. AERI is AS9120B, ISO 9001:2015 and AS6081 certified, tests to AS6171 standards, and inspects every part in its in-house QC lab before it ships. Robb writes about electronic component shortages, sourcing strategy and counterfeit avoidance.