News
Framingham, MA -- According to a recent report from Manufacturing Insights, the APEJ (Asia Pacific excluding Japan) manufacturing industry has been recovering and gaining momentum after the initial turnaround observed in 2004. APEJ manufacturing IT spending was valued at $15 billion in 2005 and is expected to reach $22 billion in 2010, a CAGR of 7.7%.
The top three segments in terms of IT expenditure are high-tech, automotive and chemical. From a geographic perspective, the Greater China sub-region had the largest manufacturing IT spending, followed by ANZ and Korea.
The top three segments in terms of IT expenditure are high-tech, automotive and chemical. From a geographic perspective, the Greater China sub-region had the largest manufacturing IT spending, followed by ANZ and Korea.
"2005 has been a year plagued with external environmental uncertainties globally and notably in the Asian region, with high-profile events such as the repeated terrorists bombing in Bali; the Asian tsunamis and numerous other natural disasters across the region; the bird flu; rising oil price and ongoing geo-political tensions. Despite the above factors, the Asian region as a whole has continued its recovery and stabilization from the economic crises, which began in the late 1990s," says Tan Mang Teck, research director, Asia/Pacific manufacturing research. "The APEJ region will continue to be a fast growing regional economic block, powered by the emerging economic engines of China and India."
Sunnyvale, CA -- Palm admitted last week that it has stopped shipping its Treo 650 phone to Europe because the devices do not comply with the EU’s RoHS restrictions that fell into place on July 1. This was the only Palm smart phone available in Europe.
The company decided nine months ago that it would not update the product to meet the regulations, according to an IDC report published in Macworld.
STAMFORD, CT -- Worldwide semiconductor capital equipment spending will rocket to new heights this year before falling to earth in 2007, Gartner said in a new report. The research firm said equipment sales were on pace to jump 24.8% this year, to $42.3 billion.
However, the firm forecasts a 4.5% drop in 2007 and then a rebound in 2008.
However, the firm forecasts a 4.5% drop in 2007 and then a rebound in 2008.
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