News Snapshot:
Credit: Dreamstime The majority of the top 20 Asia Pacific (APAC) tech companies bested the conditions created by the COVID-19 pandemic, with revenue up by over 5 per cent on average. This is according to analyst firm GlobalData, which claimed that out of the top 20 companies in the APAC technology sector, 12 reported year-on-year growth. Behind that growth, GlobalData claimed, were investments in digital transformation, data centres and internet of things (IoT) deployment, which the firm labelled as “instrumental”. Topping the list for growth was the China-based tech giant Tencent, with year-on-year revenue growth of 27.9 per cent to...
