The global technology industry experienced an 82% drop in company filings mentions of COVID-19 in Q3 2023 compared with the previous quarter, with the highest share accounted for by Sony Group with 33% year-on-year decrease, according to GlobalData’s analysis of over 1,005 technology company filings. GlobalData’s Technology: Filings Trends & Signals Q3 2023 report delves into earnings call transcripts and quarterly reports within the technology industry, extracting trends, signals, and comparative data to help businesses assess their performance, identify competitive intelligence, evaluate risks, and gain a comprehensive understanding of key industry events. Buy the report here.
Notably, COVID-19 was one of the most frequently referenced themes in Q3 2023, ranking highest in terms of mentions, ahead of edtech and autonomous vehicles, according to GlobalData.
Of the top leading companies in the technology industry, Sony Group had the greatest increase in references for COVID-19 in Q3 2023, compared with the previous quarter. GlobalData identified 30 COVID-19-related sentences in the company's filings - 0.8% of all sentences - and a decrease of 33% in Q3 2023 compared with Q3 2022. Advanced Micro Devices’s mentions of COVID-19 to 25 and Palantir Technologies’s by 45% to 22 and Super Micro Computer’s by 55% to 22 and Microchip Technology’s by 38% to 21.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for COVID-19 in Q3 2023 was 93.
For further understanding of GlobalData's Technology: Filings Trends & Signals Q3 2023, buy the report here.