Tech companies are resetting their priorities – BRINK – Discussions and insights on global business

The economic slowdown that has hit countries around the world as they recover from the effects of Covid-19 has threatened the tech industry’s rapid growth in recent years. Many high-growth companies face a lack of growth, and established companies are carefully evaluating and adjusting their spending in light of inflation, rising interest rates and the potential for a global recession.

In this Risk in Context podcast, Tom Quigley and Larry Liu discuss the challenges and opportunities facing technology companies and how they are adapting to continue their growth. This episode features additional conversations with Jackie Quintal, Jaimeen Kim, and Sam Tiltman to discuss the advancements and risks of digital assets, diverse and autonomous mobility.

At risk for tech companies in Asia:

We are seeing lower smartphone sales and lower PC sales. This change in demand has increased throughout the supply chain, which has had a significant impact on our customers in Asia who do contract manufacturing for smartphone and PC brands. This is the so-called bullwhip effect on customers in Asia. … They are in cost-containment mode, trying to reduce their opex. Inventorying is in progress. Their capacity utilization is probably only in the 50% range, mainly enough to cover their fixed costs. – Larry Liu

At risk of digital assets:

The volatility here, I think, is actually higher than most established currencies. … It is a question of whether real flexibility is revealed and understood by consumers. … but thinking about it in terms of a network outage or system failure. Since prices are volatile, if systems go down for even a very short period of time, you can expect to spend a lot of money depending on how long consumers are limited in their ability to buy or sell and how this tracks with the total. flexibility at the same time. – Jackie Quintal

At risk associated with meta-contrast:

In particular, there is uncertainty about who is liable, and in what jurisdictions, for civil and criminal claims, for example, in avatar-to-avatar interactions across various metaverse platforms. – Jimin Kim

At risk of self-driving cars:

Previous research leads us to conclude that people perceive the importance of technology to a greater extent than other people. So if I look in many countries, according to statistics, 85 to 98 percent of road accidents are caused by human error. So if AV [autonomous vehicle] If we get to construction, we’re going to take out a lot of human-controlled hazards. However, we must accept that there will be residual risks due to technology or failure. – Sam Tiltman