Honeywell International Inc. threw down the gauntlet to Google and IBM in the race to create a new kind of supercomputer, announcing its own breakthrough in the arcane world of quantum mechanics.
“We have a very unique technology that we believe is as good or better than anything that’s out there today,” Chief Executive Officer Darius Adamczyk said Tuesday. The company pegs the potential market for quantum-computing technology at $50 billion.
As the tit for tat trade battle wages on in Washington and Beijing, one prominent American CEO says he’s prepared for just about every possible scenario.
Honeywell CEO Darius Adamczyk says the company has already been moving critical supplies from North America to China and he has also been analyzing pricing options to “moderate the impact of the tariffs.”
Darius Adamczyk, chief executive officer and chairman at Honeywell, discusses the company’s first-quarter sales growth, global growth opportunities, and taking a disciplined approach to investments and M&A. He speaks with Bloomberg's Vonnie Quinn on "Bloomberg Markets.