News
STAMFORD, CT – After reviewing the latest WSTS figures for the first quarter of 2007, Gartner Inc. believes that, with the seasonal fall in sales in the second quarter, a more pessimistic outlook for 2007 is warranted.
SHANGHAI – The Eleventh Five-Year Plan for Software Industry Development released by China's Ministry of Information Industry states that the domestic sales of the country's software companies are expected to reach $143 billion in 2010, according to Xinhua.net.
The site also reports that exports for the industry will grow 28% annually to $1.6 billion by 2010. In addition, China will have 10 to 15 major software firms with annual sales of $1.3 billion.
ARLINGTON, VA – A recent meeting between the Bush Administration and congressional Democrats on international labor and other trade issues paves the way for new trade agreements to help U.S. technology companies and workers more effectively compete in the world market, the Electronic Industries Alliance reports.
The EIA says the compromise reached should serve as a bipartisan template for an American trade policy that protects workers in future trade deals, allowing lawmakers to approve trade agreements with South Korea, Columbia, Panama and Peru.
Columbia and South Korea are important markets to the electronics industry, and this American trade policy should facilitate passage of trade agreements with these countries, as well as those negotiated with Panama and Peru, says the organization.
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