Small market is left in ruins
Article Abstract:
The recent spate of rioting and looting in Jakarta, Indonesia has resulted in the destruction of the country's high technology industry. Impoverished rioters vented their frustration on homes, supermarkets, and computer retail shops in Jakarta's Chinatown. Stores and supermarkets were looted of goods and food on May 14, 1998. A computer wholesaler estimates his losses at $2 million after rioters torched his warehouse. The incidents are expected to adversely affect the country's infant high technology industry and set back integration into the international economy.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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China's small PC makers are beating U.S. giants in race to tap consumers
Article Abstract:
Chinese computer manufacturers have overtaken large US firms by offering high-performing personal computers (PC) at very low prices. A report by International Data Corp. (IDC) showed that China's market share in the PC sector rose by 50%. The report further reveals that China-made PCs accounted for 44% of the 1.5 million PCs sold in China in 1995. IDC predicts a 40% increase in China's market in 1996 and its rise as the second largest market in Asia.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Japan's PC slump worsens
Article Abstract:
International Data Corp. (IDC) reported that sales of personal computers (PCs) declined by 2% in Jan 1998. Japan is the world's second-largest market for PCs. IDC forecasts a 7% decline in PC revenues to $5 billion in the 1st qtr, 1998, in Japan, and a 24% decline in PC revenues to $3.5 billion in Asia outside of Japan in the same quarter.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1998
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