BERN: The Switzerland’s Swico ICT Index dropped by 15.4 points to 98.3 points for the 2nd quarter of 2015. ICT companies in Switzerland have become less optimistic about the future according to Swiss ICT federation Swico.
The companies in the IT technology, Consumer Electronics and Imaging/Printing/Finishing expect large revenues loss due to the end of minimum exchange rate between the Swiss franc and the euro. At the same time, Software and IT services companies expect a positive trend in the second quarter, which is not enough to off-set the negative expectations of the other companies.
