TOEIC · Practice Test 24

Short Talk 237

And now for business news... SilverTech Innovations has declared a merger with its industry competitor, Quantum Electronics.

Level: C1 · 11 sentences

Transcript

1. And now for business news...
2. SilverTech Innovations has declared a merger with its industry competitor, Quantum Electronics.
3. Olivia Chen, who founded SilverTech Innovations eight years ago,
4. promised stakeholders during a press briefing today that...
5. the merger would enhance product offerings without compromising price or quality.
6. SilverTech aims to incorporate Quantum Electronics' cutting-edge technologies into their own,
7. reinforcing their commitment to innovation and customer satisfaction.
8. Ms. Chen further mentioned that the merger strategically positions the company to vie with dominant tech giants.
9. While the integration will take some time,
10. they are confident that their efforts will pay off in spades,
11. with plans already in motion to launch two new flagship products by the end of the year.