Tech Spending Looks Up in Asia, E.Europe
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Spending in Eastern Europe and Asia is expected to lead a recovery in the global technology market over the next three years, according to an industry report released Tuesday.
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(InfoWorld) - China now spends more on research and development than Japan, but still only invests a little over a third as much as the U.S., according to the OECD. Although China's economy is growing at between 9 percent and 10 percent a year, its R&D spending is growing even faster, the Organization for Economic Co-operation and Development said Monday. OECD member countries need to stimulate innovation in new ways, and make their research processes more efficient if they are to compete, the organization warned. U.S. R&D spending this year will total $338 billion, compared to China's $136 billion and Japan's $129 billion, according to OECD estimates. The 15 original member states of the European Union will spend $233 billion on R&D this year, the OECD said, assuming that the countries' spending continues to grow at the same rates as between 2000 and 2004. The OECD's figures, drawn from its report "The Science, Technology and Industry Outlook 2006," show that 926,000 researchers are involved in China's R&D efforts, an increase of 77 percent between 1995 and 2004, while in the U.S. the figure is just over 1.3 million: China has two-thirds the number of researchers for only one-third the spending. Although the OECD compares figures for national R&D spending, a growing proportion of that investment comes from other countries, thanks to multinational companies. More than 16 percent of business-funded R&D in the OECD was performed by foreign affiliates in 2004, the organization said, up from 12 percent in 1993. The share of inward R&D funding exceeded 40 percent in five countries: Australia, the Czech Republic, Hungary, Ireland, and the U.K. While countries compete with one another to attract this inward R&D investment, they are also competing for researchers, and the political issue of human resources is taking on greater urgency, the OECD said. The U.S. now has 9.3 researchers per 1,000 in the labor force, compared to 10.3 in Japan and only 5.8 in the 25 member states of the European Union. Replacing those researchers, or increasing their numbers, will get harder: Fewer students are graduating in science and technology subjects in Denmark, Finland, Germany, Hungary, Italy, South Korea, and the U.S., the OECD found, and in the U.S. the number of doctoral students enrolling is also falling. The European Union now produces more doctoral graduates in science and technology than the U.S. -- but it is the U.S. that offers them the most jobs: half of the 46,716 post-doctoral positions open in 2003 went to foreign graduates, the OECD noted. The OECD has 30 members states "sharing a commitment to democratic government and the market economy." The members include Australia, Japan, Mexico, New Zealand, South Korea, Turkey, the U.S. and 18 European countries including France, Germany, Italy and the U.K. The OECD Web site offers further details of the report.ADVERTISEMENTNEW IT SERVICES FROM IBM: EASIER TO BUY AND IMPLEMENTDiscover a simpler, more cost-effective way to get the solutions your company needs to grow more flexible and efficient.
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Worldwide shipments of personal computers rose strongly in the second quarter due to growing demand in Asia and unexpected strength in the U.S., two research companies reported Wednesday.
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BRUSSELS : Europeans accustomed to sneering at China as a producer of cheap shoddy goods must realise the world&#39;s most populous country is taking a great leap forward in the technology stakes, according to a new report that urges the EU to innovate or
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Financial ties between the Middle East and Asia are strengthening by the day, threatening the flow of investment dollars to Europe and the U.S.
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The products, especially the cell phone offerings, are already widely available in Europe and Asia, which have more sophisticated wireless networks.
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Asian governments are pivotal to Red Hat&#39;s goal of earning 60 percent of its revenue from outside the U.S. by the end of 2009, said Matthew Szulik, the company&#39;s chairman, chief executive officer, and president, in a conference call on Thursday.Governments in the region are beginning to see open source as a boost for their economies and a way to increase technological innovation in the region, Szulik said. The governments of South Korea, Japan, Australia, and China have been &quot;positive spokespeople&quot; for the growing adoption of Linux and open source software in the region, he added.Most of the business for Red Hat in the region, as in the rest of the world, is in the transition from Unix and legacy systems to the Linux operating system. Customers are typically in the financial services, telecommunications, technology and the government sector, Szulik said.At the end of August, Red Hat&#39;s revenue for the first six months of its fiscal year was $246 million, up 34 percent from the previous year. About 85 percent of its revenue came from software subscriptions with the balance coming from services like consulting and training. The company does not break out revenue by regions.Red Hat also had $33 million in operating income for the six months period, up 48 percent from the same period in the previous year. The company has over $1.3 billion in cash on its balance sheet, said Charlie Peters, Red Hat&#39;s chief financial officer.Apart from continuing opportunities in the market for replacement of the Unix operating system with Linux, Red Hat is also seeing revenue coming in from middleware, Peters said. The company&#160;acquired JBoss, a vendor of open-source middleware, in June 2006.Red Hat plans to roll out new technologies in the coming months that will help customers build global virtualized computing infrastructure, Szulik said. The company introduced server, storage, and desktop virtualization as part of Red Hat Enterprise Linux 5 earlier this year.An increase in availability of third-party applications around Linux helped boost demand, as Linux has been expanding its share of servers&#160;based on Intel&#39;s x86 architecture and&#160;IBM&#39;s mainframe&#160;and server environments, Szulik said. In addition, there has been an increase of technically trained staff with Linux and open-source skills, he added.
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Blog: Worldwide PC shipments up 12 percent, fueled by growth in the U.S. and Asia/Pacific regions.
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A new TIME/CNN survey finds that Asians strongly support spending on space exploration despite myriad other concerns facing their countries
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IT spending is set to fall, study says. Could it be in for a harder fall than is being projected?
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Where the frenetic pace of technological change is concerned Asia's general dominance in the race to provide the next must-have gadget seems only too apparent to many a European.
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Global military spending rose 3.5 percent last year to $1.2 trillion as U.S. costs for operations in Iraq and Afghanistan mounted, a European research body said on Monday in an annual study.
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China has surpassed Japan to become the world's No.2 spender on research and development, behind the US.
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The chipmaker is upbeat about growth prospects in Asia, but is also watching the economic developments in the U.S.
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More than $31bn spent on consumer electronics this year to date Brits spend more on consumer electronics than any nation in Europe, market watcher GfK has claimed. Together, we have spent Â£16.8bn ($31.7bn) on high-tech toys this year. Every UK household has spent, on average, Â£325 ($612) this year on gizmos, gadgets and assorted electronic equipment - Â£42 ($81) more than their nearest rivals, the Swiss.â¦
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Worldwide shipments of personal computers rose strongly in the second quarter due to growing demand in Asia and unexpected strength in the U.S.
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Worldwide research and development spending in the emerging field of nanotechnology should rise about 10 percent this year to $8.6 billion, a research firm said on Monday.