What Israel-Palestine war means for the technology companies in the region

The Israeli military is reportedly preparing for a full-scale invasion of the Gaza Strip following a deadly attack by Hamas militants. This may result in technology companies in Israel fortifying their security due to potential disruptions. The high-tech industry is crucial for the country's economic growth, accounting for 14% of jobs and nearly a fifth of GDP. Tech companies may face resource diversion as staff are called up as military reservists. Additionally, physical installations may require increased protection from attacks. The situation has already affected US tech shares, with Intel closely monitoring the situation in Israel.

from Gadgets News – Latest Technology News, Mobile News & Updates https://ift.tt/dPiEfDw
via

No comments:

Post a Comment