Otis Worldwide Corp - Company Profile
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Otis Worldwide Corp (Otis) manufactures, installs, and supplies elevators, escalators, and moving walkways globally. Established Position, strong customer base and repeat business, and focused R&D activities are the company’s major strengths, even as low liquidity remains a cause for concern. New product launches, partnership with China Development Research Foundation, and strategic acquisitions could provide new growth opportunities for the company. However, increasing labor costs in the US, government contract compliance, and foreign currency fluctuations could affect the company’s performance.
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