Taiwan firm to launch $625m global IoT fund
Telink calls Taiwan home...
Late June is a little late fellas
Any Dots ? who knows.
A Taiwanese investment firm is looking to capitalize on the red hot Internet of Things (IoT) market, by launching a $625 million global IoT investment fund.
The China Post reports that Fu Hwa Securities Investment Trust Co. will begin operations of its IoT investment fund by late JUNE.
The firm said its new fund will target the plethora of opportunities that are emerging from IoT technologies such as self-driving cars, big data, smart logistics, cloud computing and advanced manufacturing. As well, Fu Hwa said it will be exploring investments in such sectors as pharmaceuticals, energy, environmental and biotech.
Geographically the fund’s target markets will be the U.S., China, Japan and Europe.
Fu Hwa is looking to cash in on the huge growth in the IoT market. McKinsey recently projected that the global IoT market has the potential to grow from the current $3.9 trillion a year to 11.1 trillion a year by 2025.
The IoT market is currently in an early phase that is focusing on developing software and hardware platforms, said Fu Hwa. The firm anticipates the next phase will include innovations in integrating new software services and business models.
- Forums
- ASX - By Stock
- OAK
- XPE General Topics
XPE General Topics, page-2627
-
-
- There are more pages in this discussion • 1,911 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OAK (ASX) to my watchlist
|
|||||
Last
7.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.889M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20100 | 6.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.0¢ | 20890 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20100 | 0.061 |
1 | 86000 | 0.055 |
1 | 55000 | 0.053 |
1 | 13890 | 0.036 |
1 | 33366 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 20890 | 1 |
0.071 | 200 | 1 |
0.086 | 93 | 1 |
0.105 | 1524 | 1 |
0.175 | 22450 | 1 |
Last trade - 14.59pm 04/09/2024 (20 minute delay) ? |
Featured News
OAK (ASX) Chart |
Day chart unavailable