In 2022, the technology sector has experienced one of the worst years in post-war history. And it applies to Asian, American, and European companies. In the BCM TOP 10 Technology Chart, January 2023 Update, there is only one significant change. The originally Czech antivirus developer Avast has left the chart as the company merged with the US NortonLifeLock. The newcomer is the Dutch semiconductor manufacturer ASML Holding.Continued
Spotify made recently vital acquisition which complements company’s current business model. It is the acquisition of Podsights — leading podcast advertising measurement service.
Swiss-Swedish conglomerate ABB Grouop has been a global Fortune 500 company for 24 years. The behemoth worth nearly $60 billion in market capitalization does business in over 100 countries across multiple industries, including electrification, robotics and infrastructure.Continued
The European Commission (EC) has announced creation of the second phase of the EC’s 6G flagship initiative, called Hexa-X-II. The goal of this project is to establish Europe as a leader in 6G technology. It is supposed to ensure data transparency, privacy and security, and network robustness.Continued
The greatest impact on good results of the company has its Network Infrastructure product category, as it has a strong end-market demand, gaining 12% YoY.Continued
ABB’s 2022 Q2 Results show strong demand and operational performance. The company managed to achieve a strong order growth (10%) and to improve the Operational EBITAmargin to 15.5%.Continued
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