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CIMB Investment Bank Research (CIMB IB Research) has retained its “reduce” call on AirAsia Group Bhd as it forecasted the company to face higher operating costs and gearing levels until 2021. The research house lowered its target price for AirAsia to RM1.50,…
China’s mobile ecosystem added 5.2 trillion yuan ($750 billion) in value to the country’s economy in 2018, according to a new GSMA report. Mats Granryd, director general of the GSMA says the report confirms how China’s mobile industry has been a key driver of…
Juniper Research is forecasting that total operator revenues from A2P (Application-to-Person) messaging services will reach $62 billion by 2023, up from $43 billion in 2019. This represents a growth of 42% over the next 4 years. The research firm also claimed…
“Great ideas should be scary,” advocates Marcelo Pascoa, head of global brand marketing at Burger King, one of the keynote speakers at the recent MarketingPulse event in Wanchai. “When new things come to be, it is often associated with fear. So, my advice to…
Spending on 5G will account for the majority of China’s technology spending in 2019 as the nation continues to spend heavily to ensure it leads the global race to implement the mobile technology, Forrester Research predicts. China will spend a total of $256…
The Vietnam retail sector is forecast to record double-digit growth from 2019 to 2024, according to a report by ResearchAndMarkets. While a number of Vietnamese consumers still choose to shop in traditional markets as they can buy ingredients in smaller…
Data platform Next Billion is collaborating with data exchange service Ocean Protocol to pilot a new data-sharing model that gives Indian rural store owners an extra income stream. Next Billion, which creates insights to enable companies to expand in…
A new study from Juniper Research found that 3.5 trillion business A2P (Application-to-Person) messages will be delivered by 2023, up from an estimated 2.5 trillion in 2019, a 40% growth. The new Juniper Research paper, A2P Messaging: SMS, RCS & OTT Business…
New data from Synergy Research Group revealed that hyperscale operator capex reached over $32 billion in Q4, outperforming the first three quarters of the year, which had themselves set records. Full-year hyperscale capex jumped 43% to almost $120 billion.…
According to Counterpoint Research, wireless ‘hearables’ are the next big thing. The segment, which contains Apple’s AirPods and the Samsung Galaxy Buds, saw global sales of around 46 million units last year. But with the help of AirPods 2, this could…
MWC 2019 demonstrated the mobile industry knows it needs to change and without that change and a massive recalibration of its fundamental business model and modus operandi, it will become obfuscated, according to ABI Research. “MWC 2019 could best be…
More than 90% of mobile operators fear that the arrival of the 5G era will result in significantly higher energy costs, according to research from data center equipment provider Vertiv and 451 Research. A survey of mobile operators, released at Mobile World…
Korea needs to give equal emphasis to the development of battery electric vehicles and fuel cell cars, considering the estimated future demand and the country’s competitiveness, a report said Thursday. “It’s a well-known fact that our car manufacturers have…
Southeast Asia’s online retail market is expected to reach US$53 billion in the next five years, according to a recent analysis by Forrester Consulting. The report anticipated a compound annual growth rate (CAGR) for the industry of 23 per cent over the…
Turnover in the Chinese retail industry will eclipse that of the US later this year, according to analyses. “Nothing is going to stop them,” said one commentator as new data emerged showing a fast-narrowing gap between the two markets. The fact China would…
All eyes are on Southeast Asia as the world’s next consumer powerhouse, with its young population and increasing purchasing power. Almost 280 million centennials – those born since 1995, also known as Generation Z, currently call this region home. While the…
