Confidence stirs in sector: revival seen in spending on high-tech tools

Article Abstract:

Companies with Asian operations are beginning to invest in high technology again despite the region's financial crisis. Expenditures in computers and related systems have shown slight increases in the period from Jul-Sep 1998. The confidence to invest is attributed to the belief by company officials that technology investments will help them overcome the crisis and gain competitive advantage. Global chip leader Intel Corp. mirrors the same increase in its Asian sales, as it recorded a 4% gain to $1.81 bil for the first time in the region for 1998.

United States, Semiconductor and Related Device Manufacturing, Strategy & planning, Computers & Auxiliary Equip, Microprocessor Chips, Semiconductor industry, High technology industry, Computer industry, Finance, CPUs (Central processing units), Intel Corp., Investments

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PC boom reveals wear and tear: high-tech goods are first casualty as Asia cuts back spending

Article Abstract:

Manufacturers of personal computers in Asia are struggling to market their products, as high tech industries endure recent financial and stock exchange crises. Statistics reveal that the growth rate of high-tech product manufacturers has significantly dropped from almost 30% in 1996 to an estimated 15% in 1997. High-tech multinationals have also been severely affected by the financial turmoil, as they were compelled to abandon plans to employ computer networks in their companies as cost-cutting measures.

Electronic computers, Analog & Hybrid Computers, Securities and Commodity Exchanges, Security and commodity exchanges, Securities Exchanges, Analysis, Economic aspects, Microcomputers, Marketing, Stock-exchange, Stock exchanges, Exchanges

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