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There are many exciting ASX technology shares that may be interesting to think about in the long run.
The technology business has several unique benefits. For example, most technology companies can offer software at almost no variable cost. It doesn’t cost much to duplicate the software for the next customer. This will improve the profit margin of new customers.
VanEck Vectors Video Games and eSports ETF (ASX: ESPO)
this is Exchange Traded Fund (ETF) This gives investors access to the portfolio of some of the largest companies involved in video game development, esports, and related hardware and software around the world.
And that is Global ASX share. Nine countries with a weight of more than 1% are the United States (38.6%), Japan (20.6%), China (18.5%), Singapore (7.2%), South Korea (5%), and Sweden (3.7%). ), France (2.5%), Taiwan (2.3%), Poland (1.5%). The United States is still the heaviest weight, but not as high as some other ETFs.
You may know some of the largest positions in the world’s leading gaming business portfolio, including Nvidia, Tencent, Sea, Advanced Micro Devices, Nintendo, Activision Blizzard, Netease and Electronic Arts.
The annual management fee is 0.55%, which is cheaper than many active fund managers.
The gaming industry is seeing sustained revenue growth. Since 2015, esports revenue has increased by an average of 28% annually, and overall video game revenue has increased by 12% annually.
Esports has opened up several other potential sources of revenue for related businesses – game publisher fees, media rights, merchandise, ticket sales and advertising.
Audinate’s product, Dante, aims to make life easier for audio professionals.
ASX tech share requires connections between microphones, mixers, processors, amplifiers and speakers for all audio systems from small systems for discreet homes in places of worship and conference rooms to large rock tours and stadiums. Explains that. Traditionally, this has meant long-term use of specialized analog cables that are heavy, cumbersome, and dedicated to only one type of signal being sent to one device at a time.
Dante replaces all these connections with a computer network over a thin Ethernet cable.
Audinate’s system has very attractive uses.
COVID-19 (New Coronavirus Infection) It caused a lot of turmoil in the big events, which affected Audinate’s short-term earnings. But the business is now seeing a recovery. In the third quarter of 2009, it generated revenue of US $ 7 million, up 31% year-on-year.
This period benefited from the newly released channel filling of Bluetooth and USB-C AVIO adapters, as well as increased orders from customers managing global supply chain concerns.
Compared to the first half of 2009, chip, card and module revenues continue to grow.
However, the company said it continues to monitor its global supply chain for potential negative impacts on both its customers and the company itself. This can constrain short-term earnings and growth. However, we are working with our partners to mitigate the challenges and hope that the uncertainty will be resolved as 2021 continues. Management said it was very confident in the long-term outlook for the business.
Two exciting ASX tech stocks to buy
Source link Two exciting ASX tech stocks to buy