Focus Universal Inc. FCUV is among the first 10 companies listed on the Nasdaq Stock Market to be featured on the new Webull Corporate Communication services platform.
The Focus Universal portal on the Webull platform will help provide the company with a line of communication and deeper investor relations with shareholders while giving its followers instant notifications about company news, earnings reports, investor presentations and more. In a brief amount of time in limited release on the platform, the company has already attracted close to 1,000 followers.
Focus provides patented hardware and software design technologies for the Internet of Things (IoT) and 5G communication.
Webull is a leading digital investment platform that has an audience of tens of millions of mainly retail users from over 180 countries. Because Webull provides up-to-the-minute market data, news and powerful analytical tools to retail investors, Focus’s induction onto the platform has the possibility to broaden its reach and investment opportunities.
Focus Works To Solve Major Problems In IoT And 5G Technologies
As global technology becomes more interconnected, the industries that support the Internet of Things (IoT) and other growing technologies like more advanced communication like 5G must evolve. In 2021, the IoT market grew 22.4% to $157.9 billion. Studies forecast the IoT market size to grow to $525 billion from 2022 to 2027 at a compound annual growth rate of 22%. The number of connected IoT devices is expected to reach 14.5 billion globally by late 2022.
Despite the forecasted growth, developing IoT devices is a complicated process. Many companies have reported that few IoT initiatives have proven to be entirely successful. This is where Focus’s combined hardware-software integration solution comes into play. The company simplifies the design process, which both reduces the cost of production and eliminates existing roadblocks. It has created an interoperable, universal software solution.
Focus has four foundational patents granted and 26 patents in various phases throughout the process, including 2 provisional patents filed this quarter. These patented technologies are working to solve major problems in hardware design and production as well as software design and network communication inefficiencies.
One barrier to success that many IoT companies face is having the necessary IoT integration skills to create successful products. Focus provides back-end technical support, experience and products to push the industry forward.
The preceding/following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and Skyline Corporate Communications Group, LLC, a financial partner of Benzinga. This article/video is a paid sponsorship by investor relations agency Skyline Corporate Communications Group, LLC, which is paid by Focus Universal Inc. FCUV for providing investor relations and corporate communications services relating to the Company’s securities. Please see Skyline's 17(b) Disclaimer and Disclosure Statement here: https://skylineccg.com/disclosures/.
Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. The content that follows is for informational purposes only and not intended to be investing advice.
This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice.
Featured photo by Compare Fibre on Unsplash
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.