Matthias Foo

Matthias Foo

Senior Analyst

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Matthias Foo In The News

EE Times Asia (2024-07-25)
Stronger investments in the region by large Western players, such as Apple, Microsoft, and Intel, demonstrate the region’s attractiveness in supporting their manufacturing activities. “Recent visits by Apple Chief Executive Officer (CEO) Tim Cook and Nvidia CEO Jensen Huang to SEA are some examples that highlight the increasing importance that this region plays towards supporting the manufacturing activities of these global players,” says Matthias Foo, Senior Analyst at ABI Research. “Beyond that, Chinese automotive manufacturers, such as Hozon New Energy Automobile, GAC Aion, and BYD, are also considering expanding their manufacturing capabilities in the SEA region.”
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Electronics Media (2024-07-23)
Stronger investments in the region by large Western players, such as Apple, Microsoft, and Intel, demonstrate the region’s attractiveness in supporting their manufacturing activities. “Recent visits by Apple Chief Executive Officer (CEO) Tim Cook and Nvidia CEO Jensen Huang to SEA are some examples that highlight the increasing importance that this region plays towards supporting the manufacturing activities of these global players,” says Matthias Foo, Senior Analyst at ABI Research. “Beyond that, Chinese automotive manufacturers, such as Hozon New Energy Automobile, GAC Aion, and BYD, are also considering expanding their manufacturing capabilities in the SEA region.”
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ZD Net (2023-12-22)
The possibilities for edge and 5G aren't limited to manufacturing -- there are multiple applications within other industries such as healthcare and medicine. For example, "Using embedded IoT trackers, 5G enables medical staff to monitor patient vitals in real time, which is crucial for responding to health issues as quickly as possible," Matthias Foo, an industry analyst with ABI Research, points out. "And video feedback can be used to ensure the patient takes the correct medication. 'High-definition video transmission' would greatly benefit artificial intelligence-based patient monitoring platforms that enable primary care physicians and elderly patients to directly communicate with one another virtually." Other developments underway include remote surgery and connected ambulances.
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Broadcast & Cablesat (2023-06-28)
According to global technology intelligence firm ABI Research, total satellite IoT connections will increase from 10.4 million in 2022 to 27.0 million in 2030 (at a CAGR of 12.7%), with satellite IoT connection revenue growing from US$2.2 billion to US$7.8 billion in the same period (at a CAGR of 16.6%). “Reusable rocket technology has driven down the cost of launching satellites into orbit, with prominent players such as SpaceX and its Falcon rockets. Increased competition in the space launch services industry from China, for example, is expected to further drive down launch costs,” explains Matthias Foo, Industry Analyst at ABI Research. “Beyond that, CubeSat technology has also enabled quick and low-cost deployment of new LEO satellites as they can be built rapidly with standard off-the-shelf components.”
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New Straits Times (2023-01-03)
According to global technology intelligence firm ABI Research, revenues for 5G private network and 5G network slicing deployments in the Asia Pacific will increase from US$732 million and US$151 million in 2022 to over US$13 billion and US$12 billion by 2028, respectively. "5G-to-Business applications have been shown to improve productivity and reduce costs for enterprises across different verticals," said ABI Research's 5G Markets industry analyst Matthias Foo.
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Developing Telecoms (2022-10-20)
Speaking to Developing Telecoms, ABI Research industry analyst Matthias Foo said that maturing debts are the main reason for their respective tower strategies - but it is also a move to boost network performance in the face of new competition from Dito Telecommunity and Now Telecom.
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