Posted in company, funds, sectors, tickers

Flexion vs. Expansion

Growth in technology areas is seen in data processing, outsourcing services like consulting, semiconductors and electronics, while other segments will likely be more challenged such as computer-office equipment and office electronics.

Hewlett-Packard Co (HPQ) for instance began cutting down thousands of jobs as part of its $2 billion reorganization and $700 million in savings related to the spin-off. The tech giant split into two separate units: one focusing on PCs and printers, and the other on software and enterprise services.

In technology beyond mobile, ARM Holdings Plc (ARMH) is up +3.38% to $43.77 on the month as the British designer of mixed-signal semiconductors announced multi-year contracts featuring 7 nm solutions for data centers and network infrastructure. Peer chipmaker Qualcomm Inc (QCOM) is more focused on the Asian market, so gaining +2.02% to $51 year to date.

 

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