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44 PCB007 MAGAZINE I FEBRUARY 2022 IDC Expects Internet of Things Spending in Asia Pacific to Reach $437 Billion in 2025 E Asia Pacific spending on Internet of ings (IoT) will expand by 9.6% in 2021, accelerating from 1.5% in 2020. e latest release of IDC's Worldwide Semiannual Internet of ings Spending Guide indicates a gradual growth of IoT market in the region across the forecasted years (2021-2025) and is expected to reach $437 billion by 2025 with a CAGR of 12.1%. Qualcomm Collaborates with SB Tech- nology, Cybertrust Japan to Proliferate Smart Cities, 5G IoT Solutions E Cybertrust Japan Co., Ltd., SB Technology Corp., and Qualcomm Technologies, Inc., announced they intend to collaborate to sup- port the deployment of smart solutions through the Qualcomm IoT Services Suite offering to help businesses and entities looking to adopt and integrate smart solutions initially in Japan, with intent to expand globally in the future. The Future of Tech: 2022 Technology Predictions Revealed E e IEEE Computer Society (IEEE CS) has unveiled its annual Technology Predictions, addressing the long-lasting influence of the pandemic on tech advancements, as well as introducing new fundamentals and antici- pated trends shaping the industry for 2022 and beyond. China's Share of Global Chip Sales Now Surpasses Taiwan's E Global chip sales from Chinese compa- nies are on the rise, largely due to increasing U.S.-China tensions and a whole-of-nation effort to advance China's chip sector, includ- ing government subsidies, procurement pref- erences, and other preferential policies. Stanford Engineers, Physicists Study Quantum Characteristics of 'Combs' of Light E Unlike the jumble of frequencies produced by the light that surrounds us in daily life, each frequency of light in a specialized light source known as a "soliton" frequency comb oscillates in unison, generating solitary pulses with con- sistent timing. Survey: CEO Optimism Hits 10-year High E In a recent survey, CEOs indicated they are the most optimistic they have been in 10 years about the prospects for a stronger economy in the coming year. More than three-quarters of CEOs, 77%, predict the global economy will improve, while only 15% expect worsening conditions. Georgia Tech Wins Commerce Department Grant to Develop AI Manufacturing Economic Corridor E e Georgia Institute of Technology was awarded a grant from the U.S. Department of Commerce's Economic Development Administration (EDA) as part of its $1 billion Build Back Better Regional Challenge. Georgia Tech is one of 60 entities to be awarded funding to assist communities nation- wide in their efforts to accelerate the rebuild- ing of their economies in the wake of the pandemic.

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