Technology News From The Philippines
The accelerated migration of 5G to lower-tier smartphones will have a knock-on effect on Average Selling Prices (ASPs) and the market’s overall profitability.
A study conducted by state think tank Philippine Institute for Development Studies (PIDS) showed that there are certain groups who “benefit more from [the] digital economy”.
According to a new report released by Accenture, a large majority (77%) of CEOs said they will fundamentally change how their companies interact with customers as a priority to drive business growth.
Blockchain is in a slump, with almost half its 2018 market value wiped out in 2020. But the silver lining in that downfall has been the resiliency of industrial applications, not least in the agri-food market, which has dominated blockchain success stories.
Ride hailing trips fell by 59% in the first of 2020, while new vehicle sales are expected to drop by 26% in 2020.
Enterprise IT has to learn to pivot to accept the new paradigm.
The survey also found that consumers now hold companies accountable for their online reputation.
The figure is more than average for all organizations in the region (74%) but still less than Asia Pacific culture of innovation leaders, where almost all (98%) agree that innovation is a necessity to staying resilient during a crisis.
