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Sarath.Chandra@globaldata.com

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  • Author: Sarath.Chandra@globaldata.com

Acquisition of controlling stake by Hyundai Development Co’s consortium breather for Asiana Airlines, says GlobalData

Following the news that a consortium formed between South Korea-based construction company Hyundai Development Co (HDC) and Mirae Asset Daewoo has agreed to acquire controlling stake in loss-making carrier Asiana Airlines Inc. for KRW2.5 trillion (US$2.2bn); Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view: “The acquisition, which also […]
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Philippines e-commerce market set to reach US$7bn in 2023, says GlobalData

Growing number of smartphone users and favorable government initiatives are set to drive the Philippines’ e-commerce market at a compound annual growth rate (CAGR) of 15.7% from an estimated PHP205.5bn (US$3.9bn) in 2019 to PHP368.3bn (US$7.0bn) in 2023, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s E-Commerce Analytics reveals that […]
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Card payments in Malaysia set to cross US$80bn by 2023, says GlobalData

Malaysia remains a cash-dominant economy with majority of consumer payments still carried out using cash. However, the country is making steady progress to reduce cash dependence, as the total card payments value is set to increase from MYR208.2bn (US$50.4bn) in 2019 to MYR334.9bn (US$81bn) in 2023, according to GlobalData, a leading data and analytics company. […]
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Rivian best placed to compete with Tesla in truck and SUV categories, says GlobalData

Following the news that American electric truck startup Rivian Automotive (Rivian) has raised US$1.3bn in new funding;    Aurojyoti Bose, Lead Analyst at GlobalData, a leading data and analytics company, offers his view on the start-up’s journey: “In an extremely capital intensive industry such as automotive manufacturing, companies are required to raise billions of dollars and Rivian […]
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Managed mobility to be prime driver of enterprise mobility in APAC over next four years, says GlobalData

Technological advancements in the connectivity solutions continue to eliminate accessibility barriers between individuals and enterprises within a broader existing digital ecosystem. The influx of connected devices has resulted in increased complexities for enterprises to manage devices connected to their network. As a result, managed mobility is expected be a major revenue driver for the overall […]
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China and low-end servers to continue their supremacy in APAC server market, says GlobalData

The Asia-Pacific (APAC) region has emerged as the preferred outsourcing destination for the global enterprises. Amidst this background, low-end servers and China, backed by the presence of regional server giants, will dominate the APAC server market through 2023, says GlobalData, a leading data and analytics company. According to GlobalData’s Market Opportunity Forecasts Model, China will continue […]
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Hitachi’s diagnostic imaging business will help Fujifilm to compete with global players, says GlobalData

Following the news that Japan’s Fujifilm Holdings Corp has agreed to acquire Hitachi Ltd.’s diagnostic imaging business for approximately JPY179bn (US$1.64bn);  Rohit Anand, Practice Head of Medical Devices at GlobalData, a leading data and analytics company, offers his view: “Fujifilm, whose global revenues have declined from US$23.7bn in 2014 to US$21.9bn in 2019, is looking […]
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Four out of top five firms in GlobalData’s leading 500 construction contractors list are from China

Sizeable domestic market and the increasing internationalization of project awards helped China to dominate GlobalData’s latest rankings of the leading 500 construction contractors around the world. According to GlobalData, four of the top five positions continue to be held by Chinese firms. The only non-Chinese contractor in the top five is Spain’s Actividades de Construccion […]
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Sentiments rebound for Sony with improved financial performance in Q3 2019, says GlobalData

On the back of improved financial performance and optimism around image sensors, the overall sentiments for Sony Corp. (Sony) improved significantly in the third quarter (Q3) ended 30 September 2019, says GlobalData, a leading data and analytics company. GlobalData’s Company Filing Analytics platform, which analyzes and showcases sentiments across companies and sectors by scanning through […]
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