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Alicia Wedd

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  • Author: Alicia Wedd

COVID-19 causes global auto industry running rate to dip to new low

Analysis carried out by GlobalData, a leading data and analytics company, shows that the global light vehicle market hit a seasonally adjusted annual running rate (SAAR) of just 54 million units in March, which compares with almost 90 million light vehicles sold globally in 2019. David Leggett, Automotive Editor at GlobalData, comments: “The decline in […]
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Apple and Fitbit lose out to start-ups on wearable-based social distancing

Following the announcements by Proxxi and Estimote that they are launching wearable bands with social distancing features; Swati Verma, Thematic Analyst at GlobalData, a leading data and analytics company, offers her view regarding new opportunities for wearable tech companies. “Social distancing could stay in place until 2022, creating new opportunities for wearable tech companies. However, […]
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23 of top 25 global technology companies by market capitalization in Q1 2020 report major QoQ decline

The COVID-19 pandemic has shredded the performance of shares of the world’s top 25 technology* companies, with 23 reporting a major quarter-on-quarter (QoQ) decline in market capitalization (MCap) for Q1 2020. NVIDIA and Tencent were the exceptions, posting QoQ growth during the same period, according to GlobalData, a leading data and analytics company. NVIDIA, with […]
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Lockheed Martin’s impacted F-35 deliveries show that defense vendors are not immune to COVID-19 crisis

Following the release of Lockheed Martin’s Q1 2020 results and the announcement of potential delays in F-35 deliveries; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the impact of COVID-19 on defense supply chain; “Lockheed Martin’s Q1 2020 results are to be considered excellent by […]
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Government aid is required to sail Indian telcos from AGR storm

The telecom sector in India, which is already reeling under a debt of around US$54.46bn, has come under more pressure due to the recent Supreme Court ruling on adjusted gross revenue (AGR) dues, says GlobalData, a leading data and analytics company. Since 2005, there has been an ongoing dispute between the Department of Telecommunications (DoT) […]
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Quest Diagnostics expected to experience decrease in revenue despite being commercial leader in COVID-19 testing

Following the announcement of Quest, leader in commercial COVID-19 testing in the US, making pay cuts and laying off workers; Dara Lo, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her view: “Although Quest has performed nearly 800,000 COVID-19 tests, approximately 40% of all COVID-19 testing performed by commercial labs, 40% […]
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