Information Society Watch

October 5, 2006, The Economist

A report on the state of the technology industry, released by the Organisation for Economic Co-operation and Development (OECD), shows two significant shifts. First, there are far fewer hardware and manufacturing firms than five years ago, but far more software and service companies. Second, Asian firms are now found alongside similar American ones. Amongst two of the Asian technology giants, China and India, there is a marked distinction between their adoption of technology in pace and in means. For instance, China can manufacture hardware at low cost, while India must import it. Importantly however, both countries are establishing themselves in central and eastern Europe, to position themselves for entry into the European Union market.

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