Industry News

From 2011 to 2018, the annual growth rate of China's vending machine industry market had remained at an average of 25 - 30%. Vending machine locks are invisible "gatekeepers" to vending machines, and the demand is doubling. The domestic vending machine has now realized the development of multiple functions, far from the relatively early single function. The categories of products sold are quite different. Correspondingly, various vending machine locks have appeared on the market, including...

According to research data in the Consumer White Paper, more than 20% of consumers have not heard of smart locks, and only 15.5% of users are using or planning to switch to smart locks. However, consumers are reluctant to replace traditional mechanical locks with smart locks, mainly due to quality and price factors. Despite the small market share, smart locks began to explode in 2017, which led to various manufacturers entering the market to seize the opportunities. It is reported that in 2018,...

The results of intelligent technology in recent years have influenced the trajectory of urban development and gradually penetrated into our daily lives, along with related hot words like "IoT" (Internet of Things), "AI" (Artificial Intelligence), and "unmanned systems". While in the field of commercial and industrial locks, the transformation of traditional mechanical locks has also verified the impact of intelligentizing - The era of smart locks is coming. Smart electronic...

Cost analysis - Are smart locks actually worthy of your cost of 150+ or even thousands of dollars? According to several lock manufacturers and retailers in China, the manufacturing costs of an ordinary smart lock are above 500 yuan (70-ish dollars). The cost will rise with greater functionality and novelty, moreover, some big-brand smart locks are even priced over 1000 yuan. Eventually, the price will snowball into thousands of RMB on store shelves. Those greedy intermediate traders and retailers...

As the rapid development of the internet and IoT, smart home and living has become a ubiquitous idea. Of this, the prospect of smart lock is so promising that its price still seems pretty insane. So, what's wrong with those smart lock companies for making such a high price that chokes everyone? And how much does a smart lock actually cost? Let's take a look.   What is smart lock? Smart locks, including locks with RFID, password, or fingerprint sensor, have been through a lot of iterations....

I still remember that when I was a student, the school desk was filled with the schoolbag and other stuff. Therefore, textbooks can only be put on the table, making the small desktop more crowded. With the development of the times, the society pays more and more attention to students' learning and living environment. Since lockers enter schools, the problem of keeping books on the desk is solved. Lockers can be used for kindergartens, elementary schools, junior high schools, high schools, universities,...

In our daily life, drawers are very important storage space. The belongings in the drawer are personal. The drawer lock not only guarantees safety of the belongings in the drawer, but also is an important measure to protect privacy. How to install a drawer lock? Although drawer locks have a great variety, their installation processes are basically the same. The installation processes are as the following. Preparation before installing a drawer lock First, identify whether the lock is a drawer lock...

With the maturity of the RFID technology, many kinds of RFID cam locks emerge on the market. A good quality RFID lock not only brings conveniences for users, but also reflects the quality of the locker. Therefore, it is very important for users to choose a good RFID lock. Taking our RFID locks MK726 as an example, we are going to talk about advantages of the RFID cam lock MK726 today.  Firstly, the FRID cam lock MK726 has common dimensions.  FRID locks with common dimensions could be easier...

An RFID lock, also called the IC card lock, is the electronic lock adopting the radio frequency card as the key. With the RFID technology, the radio frequency card can be contactless to open the lock while the old-style contactable card requires the physical contact with a reader. It is such a technology that the usage of the REID lock is convenient and safe. With the technical breakthrough in the field of electron devices, the radio frequency card can open the lock without batteries or contact. ...

In the previous passage, several impractical advantages of the fingerprint locks are introduced. The appearance of the fingerprint lock is always attractive, yet the fancy appearance of the lock is not that important to ordinary families in China. The fingerprint lock can be opened and closed without a key and the fingerprint password can be changed for thousands of times, yet most Chinese ordinary families do not hire nannies or drivers. Thus, the turnover rate of these families is low and they...