INFORMATION TECHNOLOGY : DOWNTURN IN HIGH TECHNOLOGY INVESTMENT EXPECTED TO CONTINUE.

Mr Sondergaard indicates that we have now entered a period where companies' overriding priority will be to put order in their business (in terms of computer and telecoms equipment), in order to be ready for when circumstances improve. Another research institute, EITO, the European Information Technology Observatory, indicated a few days ago in Frankfurt that the European market is continuing to grow faster than the global average, and that the European computer telecommunications market should be worth Euro 615 billion in 2001, up 6.8% on 2000.The Dataquest institute, a subsidiary of the Gartner Group, also published the results of its quarterly enquiry on November 5, on sales of personal computers (PCs) in Europe, showing that deliveries of PCs in Western Europe fell 11% over the third quarter of 2001, compared with the third quarter of 2000. According to the report, PC sales in the entire EMEA region (Europe, Middle East, Africa) totalled 8.66 million units over the third quarter, down 6% on...

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