ASML signals double-digit annual growth as quarterly sales jump

AMSTERDAM (Reuters) – Semiconductor equipment maker ASML Holding NV ASML.AS on Wednesday posted a better-than-expected quarterly earnings and forecast a double-digit growth for next year on strong end-demand for electronics devices.

FILE PHOTO: ASML Holding logo is seen at company’s headquarters in Eindhoven, Netherlands, Januari 23, 2019. REUTERS/Eva Plevier

The company reported sales of 3.96 billion euros ($4.65 billion) in the third quarter ended Sept. 30, ahead of analyst estimates of 3.7 billion euros, and a net profit of 1.06 billion euros. In the third quarter of 2019, ASML reported net profit of 627 million euros and sales of 3 billion euros.

ASML Chief Financial Officer Roger Dassen forecast sales of 3.7 billion euros in the fourth quarter and said the company expected “low double digit” growth in 2021.

ASML has a near monopoly on lithography systems, enormous machines that can cost up to $200 million each and play a

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Wipro shares fall nearly 7% as organic growth, revival plan disappoint

By Sethuraman N R

BENGALURU (Reuters) – Shares of Wipro Ltd fell 6.8% on Wednesday, a day after the software services firm posted quarterly organic revenue growth that was lower than peers and disappointed some investors with its plans to revive growth.

Chief Executive Officer Thierry Delaporte, who took the helm in July, said on Tuesday Wipro would focus more on large deals and “prioritize the markets and sectors that are relevant,” without giving more details.

The commentary let down some investors who were hoping for more concrete steps from a company that has underperformed its rivals in the recent past.

“The strategic roadmap from the CEO to revive growth was not as strong as it was expected to be,” IDBI Capital research analyst Urmil Shah said.

Wipro also saw a decline in revenue from its key markets of the Americas and Europe in the second quarter as clients cut

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Radix Technology Fuels Growth for Pro-Frotas’ 100% Digital Fuel Supply Management Solution

HOUSTON, Oct. 13, 2020 (GLOBE NEWSWIRE) — Pro-Frotas, a 100% digital fuel supply management start-up created in partnership with Ipiranga, is growing its operations with technology developed by Radix Engineering and Software. Ipiranga, a subsidiary of Ultra, is the largest private player in the Brazilian fuel distribution market, with nationwide coverage and a network of approximately 7,200 service stations.

Pro-Frotas was conceived with the purpose of reinventing the fleet refueling business, with technology that would supply 100% digital, free supply management and payment. Pro-Frotas contracted Radix, IIOT digital transformation experts, to create an application and web portal for management and control of fueling.

“The Pro-Frotas project was challenging from the start, in terms of both team and deadline. In order to develop a completely innovative product in the transportation market, we had to condense timelines. We created deliverables on short notice that provided a simple and reliable

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Smart City Market | Decrease in Prices of Connected Devices to Boost the Market Growth

The smart city market size is poised to grow by USD 2118.14 billion during 2020-2024, progressing at a CAGR of almost 23% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201013005915/en/

Technavio has announced its latest market research report titled Global Smart City Market 2020-2024 (Graphic: Business Wire)

IoT systems have revolutionized the connected network ecosystem over the last few years. Smart city infrastructure is based on an efficient and connected network system. The reduction in costs of IoT sensors and associated systems, and in the cost of broadband

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Gaming Chair Market | Demand for Ergonomic Gaming Chairs to Boost the Market Growth

The gaming chair market size is poised to grow by USD 95.02 million during 2020-2024, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201013005766/en/

Technavio has announced its latest market research report titled Global Gaming Chair Market 2020-2024 (Graphic: Business Wire)

The use of conventional gaming chairs can cause pain in back muscles and hands. As a result, gaming chair manufacturers have started developing ergonomically designed gaming chairs that offer full-size lumbar support, seat-side control, swivel and tilt capabilities, and neck pillow. As such products will help improve posture and allow individuals to

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Agbioscience startup using multisensor drone technology sees growth

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IMAGE: Despite changes forced by the COVID-19 pandemic, a Purdue University-affiliated agbioscience startup focused on research-grade sensing data for agriculture is growing as it takes multisensor drone data collection technology to…
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Credit: Chris Adam/Purdue University

WEST LAFAYETTE, Ind. – Despite changes forced by the COVID-19 pandemic, a Purdue University-affiliated agbioscience startup focused on research-grade sensing data for agriculture is growing as it takes multisensor drone data collection technology to market.

GRYFN, which offers precise geomatics solutions for coaligned and repeatable multisensor drone data collection, is adding members to its team, growing its space, and looking to empower the future of agriculture research.

The startup partnered with Purdue and received a $2.25 million sub-award grant from the Advanced Research Projects Agency-Energy (ARPA-E), a division of the U.S. Department of Energy. Eight Purdue professors founded GRYFN with backgrounds in aeronautic technology, biology, plant sciences, agricultural and biological engineering, civil engineering,

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Wearable Technology Market to reach USD 35.48 bn by 2024, Alphabet Inc. and Apple Inc. emerge as Key Contributors to growth

Technavio has been monitoring the wearable technology market and it is poised to grow by $ 35.48 bn during 2020-2024, progressing at a CAGR of over 13% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201013005187/en/

Technavio has announced its latest market research report titled Global Wearable Technology Market 2020-2024 (Graphic: Business Wire)

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19

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Yseop Announces The Expansion Of Its Strategic Committee To Further Accelerate Growth

Yseop, a pioneer in Natural Language Generation (NLG) and world-leading AI software company, today announces the expansion of its Strategic Committee. In this Covid 19 economic context, Yseop’s growth has been fueled by the strong demand from companies for report automation technology to gain in efficiency while lowering their costs, both in the finance industry and the pharmaceutical industry. The rich experience of its new members will allow Yseop to benefit from additional strategic support to keep growing in Europe and the US.

New Strategic Committee members:

  • Benoît Claveranne, CEO at AXA International & New Markets – With 18 years of successfully planning, advising and execution of ambitious and innovative commercial plans across the globe in a variety of organizations, from small firms to multinationals and governments, Benoît brings his hands-on experience and strategic thinking to the committee.

  • Mathieu Morand, Investment Manager at Wille Finance – Wille Finance is a

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Global Ferrocene Market Emerging Trends, Business Opportunities, Segmentation, Production Values of Product Sales and Growth Rate, Assessment to 2030

Pune, Maharashtra, India, October 13 2020 (Wiredrelease) Prudour Pvt. Ltd :Market.us delivers granular analysis of Ferrocene Market to Garner Bursting Revenues with Top Growing Companies During 2021-2030, which includes global industry analysis, key market trends, vendor classification with their market positioning, sales, revenue and market share with the product type and by applications. Likewise, The development ratio which is expected in perspective of the rational analysis provides thorough information concerning contributions by way of top key vendors, demand, and deliver complete evaluation as well as market proportion boom of the Ferrocene industry.

Ferrocene Market: An Structure Overview

Ferrocene Market play a vital role in chemicals and materials industry. This intelligence report along with (2021-2030) Forecast of Ferrocene market study exhibits a pattern of interpreting previous data sources gathered from the most reliable sources and sets a precedented growth trajectory for the Ferrocene.

Request For Covid-19 Impact Analysis On Ferrocene

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Activewear Apparel Market will Showcase Negative Impact During 2020-2024 | Increasing Sports Events & Tournaments to Boost Market Growth

LONDON–(BUSINESS WIRE)–Oct 12, 2020–

Technavio has been monitoring the global activewear apparel market size and it is poised to grow by USD 157.1 billion during 2020-2024, progressing at a CAGR of 11% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201012005703/en/

Technavio has announced its latest market research report titled Global Activewear Apparel Market 2020-2024 (Graphic: Business Wire)

Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis.Download Latest Free Sample Report on COVID-19 Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. adidas AG, ASICS Corp., Columbia Sportswear Co., Dick’s Sporting Goods Inc., G-III Apparel Group Ltd., Gildan Activewear Inc., Hanesbrands Inc., Nike

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