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.
User Contributions:
Comment about this article or add new information about this topic:
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.
User Contributions:
Comment about this article or add new information about this topic:
Article Abstract:
Intel Corp.'s "Intel Inside" marketing campaign has made their products the chip of choice among local makers of low-cost PCs in Asia. Clone-makers use the company's computer chips and attain brand recognition by affixing the "Intel Inside" logo to their products. Low-cost PCs sporting the "Intel Inside" logo have a combined market share of 28% of the total number of PCs sold in Asia outside Japan, four times that of brand-name leader Compaq.
User Contributions:
Comment about this article or add new information about this topic: