Technology

From Apple to GM, tariffs to cost companies tens of billions – East Bay Times

(Bloomberg/Sarah Frier and Chester Dawson) — From Apple Inc. to General Motors Co., corporate America is bracing for tens of billions of dollars in damages from Trump’s trade war — and that’s before most affected goods have landed. Among US companies that have disclosed financial projections so far, GM sees a $5 billion hit this […]

Published

1 month ago

May 8, 2025

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Among US companies that have disclosed financial projections so far, GM sees a $5 billion hit this year, while Apple expects $900 million in higher costs in the current quarter. Nvidia is taking a $5.5 billion charge to account for new export controls.

President Donald Trump’s administration imposed across-the-board tariffs on most imports and targeted some countries and industries for additional levies. Duties are as high as 145% on many Chinese imports, and Beijing retaliated with import taxes of 125% on American goods. Foreign-made steel and aluminum also face a 25% US tariff.

The preemptive warnings from these and other blue chips may vastly underestimate the overall hit to bottom lines. Many companies have yet to provide guidance, with some taking a wait-and-see approach. Others have foreshadowed the pain by widening expense ranges, pulling their full-year outlooks or warning price hikes will erode consumer demand.

Meta Platforms Inc., for instance, lifted its capital spending projection for the year by as much as $7 billion, blaming the change in part on higher-than-expected costs for globally sourced equipment.

“There’s just a lot of uncertainty around this given the ongoing trade discussions,” Susan Li, chief financial officer of the owner of Facebook and Instagram, said on a call with analysts.

The word “uncertainty” has become a go-to descriptor for many executives during quarterly financial results calls. The u-word has cropped up more than 6,000 times so far in those corporate calls this season — the most since the early days of the pandemic in mid-2020.

Dozens of companies have yet to report their latest earnings and answer analyst questions about the blow from tariffs, including Nvidia, Oracle Corp., Home Depot Inc. and Walmart Inc. Some industries, such as online advertising, will likely be impacted later in the year, and only if businesses cut their budgets to offset ongoing elevated costs or lower consumer demand.

Corporate managers are responding in a multitude of ways, including making attempts to shift production out of China and front load material orders ahead of anticipated price hikes.

Microsoft Corp. said sales of its Windows software and other products rose faster than expected as customers stocked up on inventory. Amazon.com Inc. accelerated some inventory purchases in the first quarter ahead of anticipated tariffs. Combined with unrelated costs associated with customer returns, the move lowered its profitability during the first quarter by roughly $1 billion.

“Obviously, none of us knows exactly where tariffs will settle or when,” Andy Jassy, Amazon’s chief executive officer, told analysts on a conference call.

Import Models

GM, which imports vehicles from South Korea, Canada and Mexico, is among the biggest losers so far in Corporate America. The Detroit-based company and other carmakers are among the hardest hit, with a 25% duty on most imported vehicles. Separate duties on imported parts also are taking a toll on vehicles built at US auto plants.

Rival Ford Motor Co., which domestically produces 80% of the cars it sells in the US, said May 5 that it sees the duties reducing earnings before interest and taxes by about $1.5 billion this year. And motorcycle maker Harley-Davidson Inc. estimates tariffs could cost it as much as $175 million this year.

It’s not just American carmakers. Japan’s Toyota Motor Corp. said Thursday that US tariffs will cut its operating income by $1.3 billion in just the first two months since April 2, which Trump called his trade “Liberation Day.”

Other manufacturers are similarly feeling the pinch on profits from tariffs. Procter & Gamble Co. estimated current and proposed levies could add $1 billion to $1.5 billion to its annual costs. The consumer goods giant plans to counter that in part by raising prices on its products.

“It’s not immaterial,” P&G CFO Andre Schulten said on a April 24 earnings call with analysts.

Stanley Black & Decker Inc., which makes power tools and lawn mowers, estimated a gross tariff impact of $1.7 billion on an annualized basis. Even with supply-chain tweaks and price increases to lessen the blow, the company still expects a roughly 15% haircut to its earnings this year. That’s assuming that sticker shock doesn’t curb demand beyond the point at which the company can contain the damage through cost cuts.

“Price increases will be necessary in the US market due to the current tariffs, and we have implemented a substantial increase in April,” Stanley CEO Donald Allan told analysts on an April 30 conference call. He added the company has “notified our customers that further price action is likely required if existing tariffs stay at current levels.”

Industrial Impact

Aerospace and defense giant RTX Corp. said April 22 it’s bracing for an $850 million blow to operating profits, even with mitigation efforts. Honeywell International Inc., GE HealthCare Technologies Inc. and GE Aerospace each project a 2025 hit from tariffs on the order of $500 million before accounting for supply-chain changes and price increases.

Boeing Co. expects tariffs to increase its manufacturing costs by less than $500 million annually, including a 10% duty assessed on large components of its 787 Dreamliner that are made in Japan and Italy. The fallout could worsen if the European Union joins China in imposing reciprocal tariffs that make Boeing’s planes prohibitively expensive for local buyers.

3M Co. told investors April 22 that tariffs would cost it as much as $850 million a year — but only if it took no steps to blunt the impact. The diversified industrial product manufacturer said planned countermeasures will cut its earnings exposure this year to less than half that amount.

Danaher Corp., which makes life sciences and diagnostics equipment, told analysts on a April 22 call that a projected $350 million tariff hit will likely come down as it takes steps to offset the damage, such as adding surcharges and relocating manufacturing. And chemicals giant Dupont de Nemours Inc. is taking measures to reduce estimated tariff costs of $500 million down to $60 million, or about 10 cents a share.

“Our teams have been carefully analyzing ongoing global supply-chain dynamics, engaging with our customer and supplier base, and actively working on a number of tariff mitigation actions, including production shifts, sourcing alternatives, surcharges, and product exemptions,” CEO Lori Koch told analysts on a May 2 earnings call.

Passing Along Costs

GE Vernova Inc., the energy business that GE spun off last year, expects tariffs to add as much as $400 million in costs this year. The company plans to counteract that impact by leaning on inflation-protection provisions and change-of-law clauses in contracts to pass on some of the cost of tariffs to customers, while also cutting expenses and reorganizing its supply chain to lessen its dependence on China.

Medical instrument specialist Thermo Fisher Scientific Inc. and Johnson & Johnson each said they expect to lose $400 million to tariffs in 2025. Another drugmaker, Merck & Co., said tariffs will cost it $200 million this year.

Even food companies are getting dinged by the import duties. Hershey Co. said it sees $15 million to $20 million of tariff-driven costs in the second quarter. But as cocoa inventories wane, the chocolate- and candy-maker said it expects duties to drive up costs by as much as $100 million in both the third and fourth quarter before accounting for offsetting actions.

–With assistance from Matt Day, Anne VanderMey, Julie Johnsson, Brooke Sutherland, Will Kubzansky, Kiel Porter, Damian Garde and Riley Griffin.

(Updates with Toyota in the 13th paragraph. An earlier version corrected the nature of Nvidia’s trade war impact.)

More stories like this are available on bloomberg.com

Originally Published: May 8, 2025 at 9:23 AM PDT

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Technology

ECGI Holdings Inc. Invests in AI-Driven Fantasy Sports Platform Payday Fantasy

ECGI Holdings Inc. (OTC: ECGI), through its Uplist Ventures division, has made a strategic investment in Payday Fantasy, a next-generation fantasy sports platform that integrates artificial intelligence with social engagement features. This investment underscores ECGI’s commitment to supporting early-stage companies with high growth potential and innovative technologies. Payday Fantasy distinguishes itself from traditional fantasy sports […]

Published

52 minutes ago

June 12, 2025

Your Sports Nation

Payday Fantasy distinguishes itself from traditional fantasy sports and betting apps by incorporating AI-driven smart picks, real-time advice, and interactive social features inspired by platforms like DraftKings, Discord, and Twitch. With over 15,000 users already onboard during its limited rollout, Payday Fantasy is poised for further expansion with the upcoming launch of Version 2, aimed at improving user retention and platform growth.

The investment in Payday Fantasy aligns with ECGI Holdings’ broader strategy to diversify its portfolio by backing disruptive technologies and companies with strong user traction. ECGI Holdings is known for its eclectic investment portfolio, which includes ventures in viticulture and luxury fashion, showcasing its ability to identify and nurture growth across diverse industries.

This move into the fantasy sports domain, particularly one enhanced by artificial intelligence, highlights the evolving landscape of digital entertainment and the increasing role of technology in creating more engaging and interactive user experiences. The success of Payday Fantasy could signal a shift in how fantasy sports platforms operate, offering more personalized and socially connected experiences for users.

As the fantasy sports industry continues to grow, investments like ECGI’s in Payday Fantasy could pave the way for new innovations that blend gaming, social media, and AI, offering users not just a platform for competition but a community for engagement. This development is a testament to the potential of technology to transform traditional entertainment sectors, making it a noteworthy event for investors, tech enthusiasts, and fantasy sports fans alike.

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Technology

PolyU startups showcase innovation and entrepreneurial achievements at London Tech Week 2025

Published

2 hours ago

June 12, 2025

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HONG KONG SAR – Media OutReach Newswire – 12 June 2025 – The Hong Kong Polytechnic University (PolyU) took part in the world-renowned London Tech Week 2025 held from 9 to 11 June in London, UK, as the only participating university from Hong Kong. Four PolyU startups showcased their ground-breaking innovations in artificial intelligence (AI), advanced manufacturing technologies and healthcare solutions. The event attracted business leaders, industry experts and investors from around the world, providing the PolyU startups with valuable opportunities to explore potential collaborations and establish partnerships.

PolyU participated in the world-renowned London Tech Week 2025 held from 9 to 11 June in London, UK. Group photo of Prof. Christopher Chao, PolyU Vice President (Research and Innovation) (front row, 5th from right), PolyU delegation and Ms Daisy IP, Head of Investment Promotion of InvestHK London (front row, 2nd from right).

PolyU is committed to translating cutting-edge research into impactful solutions that address real-world challenges. Below are introductions to the four PolyU startups.

PolyU Startup	Founder(s)	Introduction
Advantage Data Vision Limited	Prof. Lawrence Wing Chi CHAN Associate Professor, Department of Health Technology and Informatics; and Director, Advantage Data Vision Limited	The startup has leveraged massive real‑world, multi‑omics datasets and patented AI algorithms to create a cloud‑based platform that accurately predicts patients’ response to cancer immunotherapy. The deep‑learning engine guides clinicians, optimises hospital resources, reduces adverse events and accelerates pharmaceutical trials through precise patient stratification and risk assessment, delivering tangible value worldwide.
Light-weight Technologies Limited	Prof. Jianguo LIN Chair Professor of Materials Technologies, Department of Industrial and Systems Engineering; and Co-founder and Chairman, Light-weight Technologies Limited Dr Qingsong WENG Research Associate, Department of Industrial and Systems Engineering; and Co-founder and Chief Executive Officer, Light-weight Technologies Limited	The startup uses their globally unique light alloy manufacturing technologies, such as advanced hot stamping and extrusion techniques, with its self-developed smart industrial software and advanced simulation platform to produce ultra-thin, ultra-wide light alloy profiles and complex curved profiles that are unattainable with existing manufacturing processes. The startup provides high-strength, lightweight, cost-effective, and sustainable solutions that enable energy saving and emission reduction for the automotive, aerospace, railway, marine, and other engineering sectors, gaining wide recognition from leading global OEMs.
UbiquiTech Innovations Limited	Prof. Jiannong CAO Dean, Graduate School; Otto Poon Charitable Foundation Professor in Data Science; Chair Professor of Distributed and Mobile Computing; Director, Research Institute for Artificial Intelligence of Things; Director, University Research Facility in Big Data Analytics; and Co-founder and Chief Scientist, UbiquiTech Innovations Limited Dr Zhixuan LIANG PolyU GBA Postdoctoral Fellow; and Chief Executive Officer, UbiquiTech Innovations Limited	The startup is committed to the intersection of robotics, AI and smart city solutions, with a view to developing cutting-edge autonomous robots designed to address complex challenges in modern urban and industrial environments.
viAct	Mr Gary Chun-kui NG Co-founder and Chief Executive Officer, viAct Mr Hugo CHEUK Co-founder and Chief Operating Officer, viAct	viAct is a pioneer in AI monitoring technology dedicated to enhancing safety and efficiency in heavy industries such as construction, oil and gas, and manufacturing. The startup made it onto Forbes Asia 100 to Watch list in 2022. Its leading, globally deployed technology “Scenario-based Vision Intelligence”, was showcased at renowned international events such as the World Economic Forum.

At the event’s panel discussion themed “Creating the Future from Campus: Why are University Spinouts so Important for Innovation?”, Prof. Christopher CHAO, PolyU Vice President (Research and Innovation), shared his insights into knowledge transfer, the nurturing of university spinouts, and the support and resources available to PolyU startups. Prof. Chao remarked, “Supported by PolyU’s signature startup ecosystem, PolyVentures, our startups are spearheading translational innovations that generate long-lasting global societal impact. Our ecosystem not only provides invaluable development opportunities but also fosters the international growth of our entrepreneurs. I am delighted to see PolyU startups shine at London Tech Week, inspiring global audiences with their creativity and determination to make a difference.”

This year, the London Tech Week attracted over 45,000 participants from more than 90 countries, including startups, technology giants, investors and innovators. The event provided a platform for startups to engage in person with venture capitalists, corporate investors and angel investors; promote their solutions on dedicated stages; connect with industry leaders at the forefront of innovation; and gain valuable insights from successful entrepreneurs who have expanded globally. For more information, please visit the event website.

Hashtag: #PolyU

The issuer is solely responsible for the content of this announcement.

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Technology

Sky Sports goes large for the British & Irish Lions Tour with AR graphics, UHD and a pop up channel

Sky Sports is set to unveil AR graphics rendered in UHD on a dedicated pop up channel for the British & Irish Lions Tour Sky Sports has announced a new look for coverage of the British & Irish Lions Tour, which begins in Argentina on 20 June. Sky Sports is set to unveil augmented reality […]

Published

2 hours ago

June 12, 2025

Your Sports Nation

Sky Sports is set to unveil AR graphics rendered in UHD on a dedicated pop up channel for the British & Irish Lions Tour

Sky Sports has announced a new look for coverage of the British & Irish Lions Tour, which begins in Argentina on 20 June. Sky Sports is set to unveil augmented reality (AR) graphics rendered in UHD on a dedicated pop up channel, as well as a great line up of commentators and pundits.

Fans will see Sky’s bold new look, developed in collaboration with a First Nations artist, blending indigenous art with advanced visual effects to create a truly cinematic experience that brings the spirit of the tour to life.

Real time AR graphics will allow pundits to break down key player stats and match insights live on air, offering deep dives into player analysis and selection dynamics.
Every Test will be broadcast in 4K UHD, ensuring fans at home enjoy the sharpest, most immersive viewing experience available.

To make it even easier for fans to follow the tour, Sky Sports Action will rebrand to ‘Sky Sports The Lions’ for each Test weekend. This dedicated pop-up channel will become the ultimate destination for fans, featuring live matches, iconic documentaries, and exclusive content. Every match will be live on Sky Sports or available to stream on your device instantly via Now.

Sky Sports expert analyst, Dan Biggar, said: “A Lions tour is the pinnacle of any player’s career, so to now be part of it with Sky Sports is incredibly exciting. Being on the ground, feeling the atmosphere, and sharing that passion with fans, combined with Sky’s top-tier analysis, lets us bring the game to life in a way that’s insightful, but still accessible for everyone watching at home.”

Jonathan Licht, managing director, Sky Sports, added: “The British & Irish Lions is one of the marquee events of the sporting calendar, and for this tour we’re raising the bar with an exceptional on-screen team. From legendary Lions to recently retired greats, we’ve assembled a line up of world-class talent who will bring fans closer to the action, sharing unique insights, expert analysis, and unforgettable moments. We can’t wait for the action to begin.”

Sky Sports has also revealed its on-screen line up for the British & Irish Lions Men’s Tour to Australia 2025, featuring a world-class team of former internationals and Lions legends.

Recently retired fly-half Dan Biggar brings fresh insight from the field, providing commentary alongside the unmistakable voice of the Lions, Miles Harrison. Joining the coverage in-studio and pitch side will be a stellar team including Ronan O’Gara, Will Greenwood, Kyle Sinckler, John Barclay, Conor Murray, Owen Farrell, Nolli Waterman, and iconic coaching masterminds, Warren Gatland and Sir Ian McGeechan.

Analysis will be anchored from Sky’s state-of-the-art studio, familiar to viewers of Monday Night Football, led by Sam Warburton, a two-time British & Irish Lions captain and the winning skipper from the 2013 tour to Australia.

Alex Payne returns to front the coverage, while Eleanor Roper will serve as roving reporter, delivering exclusive interviews and behind-the-scenes content as the Sea of Red descends on Australia following the Covid-impacted tour of South Africa. The studio experience will be a powerful fusion of innovation and culture.

Sky’s coverage of the tour kicks off with a historic first, the Lions’ inaugural match in Ireland against Argentina on 20 June, and runs until 2 August, when the Lions face the Wallabies in the third and final Test match in Sydney. With unprecedented access, expert commentary, and immersive storytelling, Sky Sports is the ultimate destination for British and Irish Lions fans this summer. Watch on Sky Sports or stream with Now.

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Technology

dorsaVi acquires global licence for innovative memory tech to power next-gen wearables — TradingView News

Published

3 hours ago

June 12, 2025

Your Sports Nation

dorsaVi DVL has secured an exclusive worldwide licence to a cutting-edge resistive random-access memory (RRAM) technology developed by Nanyang Technological University in Singapore. The proposed licence gives the company access to nine patent and intellectual property invention families encompassing advanced RRAM technologies developed by Professor Lew Wen Siang and his team at the university’s School of Physical and Mathematical Sciences. dorsaVi plans to integrate the technologies – which have broad applications across AI, robotics and wearable health tech, spatial computing (augmented, virtual and extended reality) and the Internet of Things (IoT) – into the company’s movement tracking platform. Movement analysis dorsaVi is a global leader in the field of human movement analysis technology for use in clinical applications, elite sports and occupational health and safety using wearable sensors. The company has built non-intrusive, AI-powered, high-precision movement tracking capabilities within its ViMove platform. The technology accurately captures, quantifies and assesses many aspects of detailed human movement and position outside of a biomechanics lab. Ultra-fast technology RRAM technology has the ability to deliver ultra-fast read/write operations while consuming minimal power, making it suitable for latency-sensitive, energy-constrained environments. Its non-volatile characteristics ensure robust data retention without continuous power supply and its high endurance, scalability and resilience make it ideal for wearables, IoT sensors and mission-critical edge computing nodes. dorsaVi believes integrating RRAM into its wearable movement tracking platform will make it a more efficient system and support the company’s mission to deliver smarter and faster sensors at lower costs with higher margins. Used in tandem with legacy NAND flash for mass data storage, it can allow for a low-latency hybrid system with extended battery life and prolonged device lifespan. Next-gen platforms dorsaVi chief executive officer Andrew Ronchi said the licensing agreement would give the company a foundation to build the next generation of intelligent, low-power sensing platforms. “We are not just upgrading our products—we are redefining what is possible with wearable sensors,” he said. dorsaVi has launched a $2.43 million two-tranche placement to advance the RRAM integration and support ongoing working capital requirements. The company will issue a total of 187.5 million shares at $0.013 each, representing an 18.75% discount to its last traded price and a 4.02% discount to the 15-day volume-weighted average price.

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Technology

Google offers more buyouts amid tech upheaval, antitrust uncertainty

The Associated Press MOUNTAIN VIEW, Calif. (AP) — Google has offered buyouts to another swath of its workforce across several key divisions in a fresh round of cost cutting coming ahead of a court decision that could order a breakup of its internet empire. The Mountain View, California, company confirmed the streamlining that was reported […]

Published

4 hours ago

June 12, 2025

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The Associated Press

MOUNTAIN VIEW, Calif. (AP) — Google has offered buyouts to another swath of its workforce across several key divisions in a fresh round of cost cutting coming ahead of a court decision that could order a breakup of its internet empire. The Mountain View, California, company confirmed the streamlining that was reported by several news outlets.

It’s not clear how many employees are affected, but the offers were made to staff in Google’s search, advertising, research and engineering units, according to The Wall Street Journal. Google employs most of the nearly 186,000 workers on the worldwide payroll of its parent company, Alphabet Inc.

“Earlier this year, some of our teams introduced a voluntary exit program with severance for U.S.-based Googlers, and several more are now offering the program to support our important work ahead,” a Google spokesperson, Courtenay Mencini, said in a statement.

“A number of teams are also asking remote employees who live near an office to return to a hybrid work schedule in order to bring folks more together in-person,” Mencini said.

Google is offering the buyouts while awaiting for a federal judge to determine its fate after its ubiquitous search engine was declared an illegal monopoly as part of nearly 5-year-old case by the U.S. Justice Department.

U.S. District Judge Amit Mehta is weighing a government proposal seeking to ban Google paying more than $26 billon annually to Apple and other technology companies to lock in its search engine as the go-to place for online information, require it to share data with rivals and force a sale of its popular Chrome browser. The judge is expected to rule before Labor Day, clearing the way for Google to pursue its plan to appeal last year’s decision that labeled its search engine as a monopoly.

Like several of its peers in Big Tech, Google has been periodically reducing its headcount since 2023 as the industry began to backtrack from the hiring spree that was triggered during pandemic lockdowns that spurred feverish demand for digital services.

Google began its post-pandemic retrenchment by laying off 12,000 workers in early 2023 and since then as been trimming some divisions to help bolster its profits while ramping up its spending on artificial intelligence — a technology driving an upheaval that is starting to transform its search engine into a more conversational answer engine.

Originally Published: June 11, 2025 at 12:40 PM EDT

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Technology

Sports Electronics Devices Market to Observe Strong

Sports Electronics Devices Market Allied Market Research, titled “Sports Electronics Devices Market,” The sports electronics devices market was valued at $19.6 billion in 2021 and is estimated to reach $73.6 billion by 2031, growing at a CAGR of 14.8% from 2022 to 2031. Get a PDF brochure for Industrial Insights and Business Intelligence @ https://www.alliedmarketresearch.com/request-sample/A31673 […]

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5 hours ago

June 12, 2025

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Sports Electronics Devices Market

Allied Market Research, titled “Sports Electronics Devices Market,” The sports electronics devices market was valued at $19.6 billion in 2021 and is estimated to reach $73.6 billion by 2031, growing at a CAGR of 14.8% from 2022 to 2031.

Get a PDF brochure for Industrial Insights and Business Intelligence @ https://www.alliedmarketresearch.com/request-sample/A31673

Sports electronics devices are advanced gadgets designed to boost athletic performance, monitor fitness data, and provide real-time analysis for progress. These devices are used in various sports and fitness activities, benefiting athletes, fitness enthusiasts, and casual users alike in reaching their objectives. One widely used sports electronics device is the fitness tracker, available as wristbands or smartwatches. It keeps tabs on heart rate, step count, distance covered, estimated calorie burn, and even sleep patterns, serving individuals seeking an active and healthy lifestyle.

Another crucial device is the GPS sports watch, which utilizes GPS technology to track routes and measure speed and distance for runners, cyclists, and outdoor enthusiasts. The data collected aids users in performance analysis, goal setting, and training enhancement. Additionally, there are sports-specific devices like golf GPS watches or cycling computers, catering to golfers and cyclists with features like course maps, swing analysis, and real-time cycling metrics.

Moreover, sports electronics devices include action cameras, beloved by extreme sports enthusiasts. These rugged, compact cameras capture high-quality videos and images, allowing users to document adventures and share them on social media, attracting both recreational users seeking excitement and professional athletes showcasing their skills to a wider audience. Overall, these devices have transformed how athletes and fitness enthusiasts monitor and improve their performance, becoming essential companions for individuals at all fitness levels, from beginners aiming to stay active to elite athletes pursuing competitive success.

Due to increased investment in the sports industry by manufacturing businesses and an increase in the usage of wearable technology by athletes, the market for sports electronics devices globally is anticipated to expand significantly throughout the forecast period. In addition, the need for biosensor solutions is likely to drive the growth of the sports electronics devices market during the forecast period due to advanced technologies being used in fitness and sports facilities to monitor athletes’ biorhythms. However, some of the key issues impeding the growth of the sports electronics devices market are the high initial investment, low budgets, and data privacy and cybersecurity concerns.

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The smart camera segment was the highest contributor to the market in 2021, whereas the pedometers and smart fabrics segments collectively accounted for a notable market share in 2021 for the sports electronics devices industry. The fitness centers segment was the highest revenue contributor in 2021.

KEY FINDINGS OF THE STUDY

– In 2021, the pedometers segment accounted for maximum revenue and is projected to grow at a notable CAGR of 16.0% during the forecast period.

– The fitness centers segment was the highest revenue contributor to the market in 2021.

– The fitness centers and sports centers segments collectively accounted for around 82.45% market share in 2021.

– The fitness or heart rate monitors and pedometers segments are expected to witness considerable CAGRs of 18.36% and 16.09%, respectively, during the forecast period.

– North America and Europe collectively accounted for around 67.53% share in 2021.

The overall sports electronics devices market analysis is determined to understand the profitable sports electronics devices market trends to gain a stronger foothold. The key players profiled in the report include Apple, Blast Motion, Catapult Sports, Fitbit (Google), Garmin, Hawk-Eye Innovations (Sony Corporation), Panasonic Corporation, Polar Electro, Adidas, and Zepp. Market players have adopted various strategies, such as product launches, collaboration, partnerships, joint ventures, and acquisitions, to expand their foothold in the sports electronics devices market.

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About Us:

Allied Market Research is a leading provider of market intelligence, offering reports from top technology publishers. Our in-depth market assessments in our research reports take into account significant technological advancements in the sector. In addition to other areas of expertise, AMR focuses on the analysis of high-tech systems and advanced production systems. We have a team of experts who compile thorough research reports and actively advise leading businesses to enhance their current procedures. Our experts have a wealth of knowledge on the topics they cover. Additionally, they employ a range of tools and techniques when gathering and analyzing data, including proprietary data sources.

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