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Companies headquartered across the Asia-Pacific (APAC) region accounted for 38% ($18.1 trillion) of the total aggregate revenue ($47.7 trillion) of the companies featured in the Forbes 2000 list in 2022, reveals GlobalData, a leading data and analytics company. In terms of the number of companies too, APAC dominated the list with 796 enterprises, representing around […]
Tesla most engaged company on Twitter among top 15 automotive companies, reveals GlobalData
Tesla Inc has emerged as the top automotive company with the highest average reactions1 on Twitter, according to GlobalData’s Social Media Analytics Platform. The remaining top 14 companies were Bayerische Motoren Werke AG (BMW), The Mercedes-Benz Group AG (former Daimler AG), Toyota Motor Corporation (Toyota Motor), Ford Motor Company (Ford), Honda Motor Company, Ltd (Honda), […]
Twitter influencers opine G7 countries may not be successful in implementing Russia oil price cap, finds GlobalData
The G7 countries have decided to implement a price cap on oil exports from Russia, (the second largest crude oil producer globally), in an attempt to defund Russia’s war effort. The price cap or price collar is set to begin on 5 December 2022. In line with this, discussions around ‘price cap’ among the Twitter […]
Fixed communication services revenue to grow at 1.6% CAGR during 2022-2027 in Hong Kong, forecasts GlobalData
The fixed communication services revenue in Hong Kong is expected to increase at a compound annual growth rate (CAGR) of 1.6% from $3 billion in 2022 to $3.3 billion in 2027, mainly driven by the strong growth in the fixed broadband segment, forecasts GlobalData, a leading data and analytics company. GlobalData’s Hong Kong Fixed Communications […]
Apple steps up local engineers hiring in China, finds GlobalData
Apple Inc has posted around 900 jobs in China during January-September 2022*. The Cupertino-based tech giant seems to be looking to hire engineers locally as engineer** related jobs increased by 7% year-on-year from 314 to 335 during January-August 2022, reveals the Job Analytics Database of GlobalData, a leading data and analytics company. Sherla Sriprada, Business […]
Bayer chronic kidney disease medication Kerendia can gain quick market penetration in India, says GlobalData
Bayer has recently launched its first-in-class non-steroidal, selective mineralocorticoid receptor antagonist, Kerendia (finerenone), for patients with chronic kidney disease (CKD) associated with type 2 diabetes (T2D) in India. Considering the large diabetes patient population in the country, Kerendia can gain quick market penetration, says GlobalData, a leading data and analytics company. GlobalData’s ‘Pharmaceutical Intelligence Center’ […]
Consortiums can help companies achieve net-zero goals, says GlobalData
Due to a dearth of low-cost innovative solutions and scalability issues, several companies are failing to achieve their ambitious net-zero goals. Consortiums, with a collective goal of reducing carbon emissions, can address these challenges and attract investment from big companies to accelerate and support the implementation of decarbonization strategies, says GlobalData, a leading data and […]
Olympus Corp aims to strengthen MedTech industry by partnering with startups, says GlobalData
Olympus Corp plans to advance innovations in the MedTech industry by collaborating with startups that specialize in the field of medical devices, digital solutions, and diagnostics. This is expected to improve the patient outcomes and advance the diagnosis and treatment of various diseases in Japan, says GlobalData, a leading data and analytics company. Olympus Innovation […]
Asia-Pacific deal activity down by 24.8% in August compared to Q1 2022 monthly average, finds GlobalData
Deal volume (mergers & acquisitions [M&A], private equity, and venture financing deals) across the Asia-Pacific (APAC) region during August 2022 was down by 24.8% and 16% compared to the monthly average of Q1 and Q2 2022, respectively, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database reveals that […]
ISRO, Hughes standalone satellite broadband service to address connectivity gaps in India, says GlobalData
Hughes Communications India Private Limited (HCI), in collaboration with the Indian Space Research Organization (ISRO), has recently launched India’s first high-throughput satellite (HTS) broadband internet service. This will support the country’s broadband services market by addressing the connectivity gaps, taking broadband services to underserved areas, and catering to industrial applications, says GlobalData, a leading data […]
Tesla hiring activity hints Thailand foray, observes GlobalData
American electric vehicle (EV) and clean energy company Tesla plans to make Thailand its next destination as demand and interest in EVs is increasing as a result of the rising need for more sustainable and cost-efficient alternatives. In a first, the company posted a ‘Senior Recruiter’ job in Bangkok to partner with business leaders and […]
Discussions around chip shortage indicate supply constraints as companies look for alternatives, finds GlobalData
A confluence of problems, from geopolitical tensions to the COVID-19 pandemic induced lockdowns, have led to the current global semiconductor (chip) shortage. Consequently, critical industries such as automotive, medical devices, and telecom continue to bear the brunt. Against this backdrop, the recent earnings call transcripts of 30 key chip manufacturers show that supply chain issues […]
Holistic stroke awareness will mitigate rising disease burden in India, says GlobalData
Brain stroke (Acute Ischemic Stroke (AIS)) is the fourth leading cause of death, as well as the fifth leading cause of disability in India. Lack of disease awareness is one of the primary reasons behind the increasing incidence of the disease. Against this backdrop, a better awareness about the warning signs and risk factors at […]
Digital twin technology transforms manufacturing operations, finds GlobalData
Digital twin technology runs at the technological forefront of the Industry 4.0 adoption to assist manufacturers boost productivity while lowering operating costs, optimizing performance, and transforming the way predictive asset maintenance is undertaken. As manufacturing processes grow more digital, the digital twin technology helps companies to spot physical flaws quicker, anticipate outcomes more precisely, and develop better […]
Social media sentiment around NFT hits lowest level in July 2022, finds GlobalData
Non-Fungible Token (NFT) has become one of the broadly adopted digital marketplaces in the last couple of years. However, recently the market has fallen off the cliff. The fading crypto market is one of the key reasons behind the fall. The market also got impacted due to the rise in shaky investment sentiment, as it […]
Job postings in Taiwan up by 35% in August 2022 despite prevailing geopolitical tensions, finds GlobalData
Despite the prevailing geopolitical tensions, job postings in Taiwan rose by 35% in August 2022 compared to previous month, reveals an analysis of the Job Analytics Database of GlobalData, a leading data and analytics company. Sherla Sriprada, Business Fundamentals Analyst at GlobalData, comments: “Defying the repercussions of the ongoing China-Taiwan conflict, companies seem to be […]
5G advances to fulfill industry need for high speed, low latency, finds GlobalData
5G, the fifth-generation technology standard for broadband cellular data networks, is often promoted to radically improve wireless connectivity compared to the existing 4G long-term evolution (LTE) networks. Key features of 5G such as high speed, superior reliability, and negligible latency are likely to drive digital transformation into new realms, says GlobalData, a leading data and […]
Job postings at Coles Group Australia soar by 138% YoY in August 2022, finds GlobalData
In contrast to increasing layoffs across all sectors, job postings at Australia-based retailer Coles Group Ltd (Coles) year-on-year (YoY) increased by 138% from 1,002 in August 2021 to 2,386 in August 2022, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Job Analytics Database reveals that job postings dropped by 42% […]
Coca-Cola looks to extend market lead in Japan with health drinks partnership with Kirin Holdings, opines GlobalData
Following the news that the Japan unit of soft drinks giant Coca-Cola and Kirin Holdings plan to develop an immunity-boosting drink; Bobby Verghese, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “While probiotic food and drinks such as yogurt and natto are a part of the regular Japanese diet, the […]
AstraZeneca likely to see substantial Evusheld uptake in Japan, says GlobalData
Japan’s Ministry of Health, Labour and Welfare (MHLW) has recently approved AstraZeneca‘s long-acting antibody combination “Evusheld” for the prevention (pre-exposure prophylaxis (PrEP) and treatment of COVID-19. The government’s decision to limit the drug’s supply to only COVID-19 prevention will still likely encourage its uptake, says GlobalData, a leading data and analytics company. According to GlobalData’s […]