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Live News Live News: Dublin’s Qualcom targets 10% annual growth; Asian defence stocks soar to record highs
Founded by Ken Breen in 1995, who was subsequently bought out in 2021 by Ken Ryan and David Kinsella, Qualcom has 70 staff and recently recorded revenue of €13.7 million.8.56 - Asian defence stocks soar to record highs as Europe prepares to re-arm Japanese and South Korean defence stocks have soared to record highs as expectations grow that European nations will turn to Asia for military equipment following Donald Trump’s threat to withdraw US security support.
Founded in 2021 by Liam Boggan and Paul Chew, Quantmatix, has successfully raised €3 million in funding and employs 12 people.8.05 - Irish markets update The Iseq All Share opened in the green, up 0.4 per cent to 11,037.35. The index has now declined 14.2 per cent this year, ranking among the world’s worst performers, while the rupiah has also weakened by about 2 per cent.7.30 - Amazon launches Amazon.ie in Ireland Amazon.ie has officially gone live with the ecommerce giant promising customers savings on products and fast, convenient deliveries without additional customs charges.
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