Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Honeywell International CEO: Iran conflict and artificial intelligence are driving demand growth

Honeywell International CEO: Iran conflict and artificial intelligence are driving demand growth

格隆汇格隆汇2026/05/14 01:46
Show original
Glonghui, May 14th — Honeywell International CEO Vimal Kapur stated that, due to the Iran conflict and the rapid development of artificial intelligence, market demand for several of the company’s businesses is continuing to rise. Although external factors have not directly influenced the company’s decision to spin off its automation and aerospace businesses in 2025, both major divisions are now expecting demand to increase significantly over the next few years. Kapur added that artificial intelligence is becoming increasingly important to the automation business. “When I entered the automation business, AI was not such an important topic for automation companies,” he said. “But as the business has developed, our automation business has generated a large amount of data, and this data can be used to enhance our customers’ production efficiency.”
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

US insurance company Orion180 Insurance Group (OIG.US) to list on Nasdaq tonight, IPO priced at $12 per share, significantly below its offering range

Orion180 Insurance Group (OIG.US) has announced its IPO pricing terms, offering 20 million shares at $12 per share, raising $240 million, which is below the previously expected range of $15 to $17 per share.

智通财经2026/09/18 07:36

Bank of Japan Governor: Will continue to raise interest rates depending on circumstances; Middle East situation, AI demand, and exchange rates are key variables.

Kazuo Ueda stated that the underlying price trend is steadily approaching the 2% policy target. With both corporate wage increases and pricing behaviors becoming more positive, there is a risk that the inflation rate may exceed the target. He mentioned that there is no predetermined idea on the specific pace of rate hikes; policy decisions will be made after thorough discussions at each meeting, taking into account the timing and pace of any policy adjustments.

华尔街见闻2026/09/18 07:21

Pokémon card sales restriction triggers a "roller coaster": Japan's second-hand marketplace Mercari plunges before rebounding, Citigroup calls it "oversold"

A trading restriction on Pokémon cards has caused significant volatility in the share price of the Japanese online trading platform Mercari.

智通财经2026/09/18 07:11