The Average Purchasing Power of Europeans in 2022 Is €16,344
The average per capita purchasing power in Europe in 2022 is €16,344. However, there are tremendous differences among the 42 countries.
Google has recently announced it is acquiring part of HTC's smartphone business for $1.1 billion. By taking over the division that develops Pixel smartphones, Google will gain 2,000 HTC employees including half its research and development team, roughly equivalent to a fifth of HTC's total workforce.
Even though Google is not acquiring HTC's manufacturing assets, the move does illustrate the company's push to become more innovative in order to compete against Apple and Samsung. The following infographic shows where the partial HTC purchase ranks on the list of Google's largest acquisitions. Google will be hoping to avoid repeating the mistake of buying Motorola mobility for $12.5 billion before being forced to sell it off to Lenova for $3 billion just two years later.
Više vijesti iz kategorije
Where Central Banks Have Issued Digital Currencies
The value of Bitcoins and NFTs might be dwindling, but a different approach to cryptocurrency is growing in popularity around the world while showcasing a different face of the blockchain.
The Hidden Suppliers of the Chip Industry
Since the start of the pandemic, chip shortages have majorly impacted the automotive, information technology, and consumer electronics sectors, partly due to disruptions in production processes and supply chains amid increased demand.
