McQueen

Current Macroeconomic Headwinds Responsible for 7% YoY Total Smartphone Market Decline to 1.24 Billion Units in 2022

Retrieved on: 
Friday, September 23, 2022

NEW YORK, Sept. 23, 2022 /PRNewswire/ -- Several massively disruptive political, economic, and social headwinds—soaring interest rates, looming food and energy shortages, a devastating and needless war, and the changing nature of work–are creating an especially challenging climate. According to global technology intelligence firm ABI Research, these headwinds will lead to a 7% year-over-year decline in the smartphone market.

Key Points: 
  • According to global technology intelligence firmABI Research, these headwinds will lead to a 7% year-over-year decline in the smartphone market.
  • "The challenging headwinds and notable inventory corrections conspired to outweigh any growth potential in 1H 2022, which has tempered smartphone demand amid a period of weak seasonality," said David McQueen, Consumer Technologies Research Director at ABI Research.
  • The current expectation is that the total market will decline 7% Year-over-Year (YoY) in 2022 to reach 1.24 billion units, while 5G smartphones will grow 15% in 2022 to around 683 million versus a previously expected increase of 28%.
  • McQueen shared his findings in ABI Research's new whitepaper, 2022 State of Technology Report: The Future of Technology in a Tumultuous World .

Current Macroeconomic Headwinds Responsible for 7% YoY Total Smartphone Market Decline to 1.24 Billion Units in 2022

Retrieved on: 
Friday, September 23, 2022

NEW YORK, Sept. 23, 2022 /PRNewswire/ -- Several massively disruptive political, economic, and social headwinds—soaring interest rates, looming food and energy shortages, a devastating and needless war, and the changing nature of work–are creating an especially challenging climate. According to global technology intelligence firm ABI Research, these headwinds will lead to a 7% year-over-year decline in the smartphone market.

Key Points: 
  • According to global technology intelligence firmABI Research, these headwinds will lead to a 7% year-over-year decline in the smartphone market.
  • "The challenging headwinds and notable inventory corrections conspired to outweigh any growth potential in 1H 2022, which has tempered smartphone demand amid a period of weak seasonality," said David McQueen, Consumer Technologies Research Director at ABI Research.
  • The current expectation is that the total market will decline 7% Year-over-Year (YoY) in 2022 to reach 1.24 billion units, while 5G smartphones will grow 15% in 2022 to around 683 million versus a previously expected increase of 28%.
  • McQueen shared his findings in ABI Research's new whitepaper, 2022 State of Technology Report: The Future of Technology in a Tumultuous World .

Anticipation Builds for Calix ConneXions 2022: Deep Bench of Visionary Speakers Will Inspire Broadband Leaders To Drive Transformational Change in Their Communities

Retrieved on: 
Wednesday, September 14, 2022

Ahead of its annual, industry-leading innovation and customer success conference, Calix, Inc. (NYSE: CALX) today announced a deep bench of visionary speakers to keynote Calix ConneXions 2022 .

Key Points: 
  • Ahead of its annual, industry-leading innovation and customer success conference, Calix, Inc. (NYSE: CALX) today announced a deep bench of visionary speakers to keynote Calix ConneXions 2022 .
  • In a survey of ConneXions attendees, 97 percent reported they would highly recommend ConneXions as a must-attend event.
  • The conference will showcase inspiring stories from BSP leaders on how they grow subscriber loyalty and bring transformative value to their communities.
  • ConneXions 2022 programming is filled with visionary speakers who will deliver insights and research-fueled best practices for:
    General managers creating value in their communities to last for generations.

Despite Post-Pandemic Slump, Worldwide Wearable Shipments Will Reach 344 Million by the End of 2022

Retrieved on: 
Thursday, August 11, 2022

LONDON, Aug. 11, 2022 /PRNewswire/ -- Demand for wearables and accessories slowed during 2021 due to economic and geopolitical factors impacting consumer's priorities. Despite this decline, global technology intelligence firm ABI Research expects continuous growth until 2027. More than 300 million wearables devices were shipped by the end of 2021 and will reach around 344 million by the end of this year. Additionally, more than 650 million of these devices are expected to be shipped worldwide by 2027, a CAGR of 13.2% between 2022 and 2027.

Key Points: 
  • More than 300 million wearables devices were shipped by the end of 2021 and will reach around 344 million by the end of this year.
  • Additionally, more than 650 million of these devices are expected to be shipped worldwide by 2027, a CAGR of 13.2% between 2022 and 2027.
  • Activity trackers will reach shipments of about 91.5 million by the end of 2022 and are forecast to reach 105 million by 2027, a CAGR of 2.9%.
  • The global smartwatch market recorded about 102.57 million shipments during 2021 and is expected to increase to 121.03 million by the end of 2022.

Despite Post-Pandemic Slump, Worldwide Wearable Shipments Will Reach 344 Million by the End of 2022

Retrieved on: 
Thursday, August 11, 2022

LONDON, Aug. 11, 2022 /PRNewswire/ -- Demand for wearables and accessories slowed during 2021 due to economic and geopolitical factors impacting consumer's priorities. Despite this decline, global technology intelligence firm ABI Research expects continuous growth until 2027. More than 300 million wearables devices were shipped by the end of 2021 and will reach around 344 million by the end of this year. Additionally, more than 650 million of these devices are expected to be shipped worldwide by 2027, a CAGR of 13.2% between 2022 and 2027.

Key Points: 
  • More than 300 million wearables devices were shipped by the end of 2021 and will reach around 344 million by the end of this year.
  • Additionally, more than 650 million of these devices are expected to be shipped worldwide by 2027, a CAGR of 13.2% between 2022 and 2027.
  • Activity trackers will reach shipments of about 91.5 million by the end of 2022 and are forecast to reach 105 million by 2027, a CAGR of 2.9%.
  • The global smartwatch market recorded about 102.57 million shipments during 2021 and is expected to increase to 121.03 million by the end of 2022.

Peraton Vaults 71 Spots to #25 in 2022 Defense News Top 100

Retrieved on: 
Monday, August 8, 2022

According to Defense News , "Peraton, which made several major acquisitions, has jumped nearly 75 slots to join Leidos, Amentum and Booz Allen Hamilton as the largest U.S. government services contractors."

Key Points: 
  • According to Defense News , "Peraton, which made several major acquisitions, has jumped nearly 75 slots to join Leidos, Amentum and Booz Allen Hamilton as the largest U.S. government services contractors."
  • "We are honored to be recognized by Defense News for the third year in a row," said Matt McQueen, chief communications and engagement officer.
  • Notable defense and national security customers include the U.S. Army, U.S. Navy, U.S. Air Force, U.S. Space Force, Defense Health Agency, Defense Intelligence Agency, Missile Defense Agency, and the National Reconnaissance Office.
  • Peraton serves as a valued partner to essential government agencies across the intelligence, space, cyber, defense, citizen security, health, and state and local markets.

Wiz Khalifa and Nextbite Roll Out New Delivery-Only Menu of Tasty Late-Night Munchies in Cities Nationwide

Retrieved on: 
Wednesday, June 22, 2022

LOS ANGELES, June 22, 2022 (GLOBE NEWSWIRE) -- Wiz Khalifa, GRAMMY and Golden Globe-nominated recording artist, and Nextbite are rolling out a new delivery-only restaurant brand Packed Bowls by Wiz Khalifa in cities nationwide.

Key Points: 
  • LOS ANGELES, June 22, 2022 (GLOBE NEWSWIRE) -- Wiz Khalifa, GRAMMY and Golden Globe-nominated recording artist, and Nextbite are rolling out a new delivery-only restaurant brand Packed Bowls by Wiz Khalifa in cities nationwide.
  • These bowls are extremely unique, with delicious flavor combinations that will deliver a euphoric food experience for my fans, said Wiz Khalifa.
  • Through a partnership with Nextbite, Packed Bowls by Wiz Khalifa is now available for delivery on Uber Eats, DoorDash, and Grubhub in cities nationwide.
  • On 4/20 of 2020, Wiz released his latest project, The Saga of Wiz Khalifa, which features his tracks, Contact, featuring Tyga and his latest single, Still Wiz.

CIBC Innovation Banking Expands Denver Team, Adds to Management and Coverage Ranks

Retrieved on: 
Monday, June 6, 2022

CIBC Innovation Banking is pleased to announce today that Ron Singh is joining the team as a Managing Director in CIBC Innovation Bankings Denver office.

Key Points: 
  • CIBC Innovation Banking is pleased to announce today that Ron Singh is joining the team as a Managing Director in CIBC Innovation Bankings Denver office.
  • Im looking forward to making an immediate impact on the Mountain region, said Ron Singh, Managing Director in CIBC Innovation Bankings Denver office.
  • In four short years, CIBC Innovation Banking has become the #2 lender to U.S.-based Series A-C tech and life science companies.
  • Our ecosystem thrives on agility, commitment, and experience, and I know that Ive found the right fit in CIBC Innovation Banking.

Wiz Khalifa and Nextbite Launch Packed Bowls: A New Delivery-Only Menu for Tasty Late-Night Munchies

Retrieved on: 
Wednesday, May 18, 2022

Packed Bowls by Wiz Khalifa was inspired by the Fully Packed Bowl, the top-selling item from Wiz's original delivery-only restaurant HotBox by Wiz Khalifa.

Key Points: 
  • Packed Bowls by Wiz Khalifa was inspired by the Fully Packed Bowl, the top-selling item from Wiz's original delivery-only restaurant HotBox by Wiz Khalifa.
  • The Packed Bowls menu features creative flavor combinations including crispy tater tots, layered with creamy Mac & Yellow, proteins, and tantalizing sauces.
  • Restaurants that are interested in becoming a restaurant partner for Packed Bowls by Wiz Khalifa can learn more and sign up here .
  • In October of 2020, Wiz, along with Nextbite, launched his latest business venture, a delivery only restaurant chain, HotBox by Wiz.

Wingspan Group, LLC and Freeland State Bank announce agreement to acquire Freeland State Bank in Freeland, Michigan

Retrieved on: 
Friday, April 15, 2022

Under the acquisition agreement, FSB has agreed to form Freeland Interim Bank solely for the purpose of consolidation with and into Freeland State Bank, with Freeland State Bank as the surviving bank.

Key Points: 
  • Under the acquisition agreement, FSB has agreed to form Freeland Interim Bank solely for the purpose of consolidation with and into Freeland State Bank, with Freeland State Bank as the surviving bank.
  • Freeland State Bank shareholders will receive approximately $10.5 million in consideration comprised of both cash from an expected special dividend by Freeland State Bank and purchase price proceeds from FSB.
  • The board of directors for both FSB and Freeland State Bank have approved the transaction and the acquisition agreement.
  • This press release contains forward-looking statements regarding FSB Holdings, Inc.'s and Freeland State Bank's outlook or expectations with respect to the planned acquisition of Freeland State Bank.