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Technology Stocks : Intel Corporation (INTC)

INTC 44.89

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To: Elmer Phud who wrote (180707)	4/10/2005 9:13:56 AM
From: Amy J	Read Replies (2) of 186894

Chinese PM Seeks Indian Tech Cooperation World - AP Asia By S. SRINIVASAN, Associated Press Writer BANGALORE, India - China and India should work together to dominate the world's tech industry, bringing together Chinese hardware with Indian software, China's prime minister said Sunday. On a visit to India's southern technology hub of Bangalore, Premier Wen Jiabao said the two nations should put aside their historic rivalries for the venture and welcome a new "Asian century." "Cooperation is just like two pagodas (temples), one hardware and one software," Wen said. "Combined, we can take the leadership position in the world," he said. "When the particular day comes, it will signify the coming of the Asian century of the IT industry," he said in an address to information technology professionals in Bangalore. India has gained global repute as a hub of software professionals while China is strong on computer hardware. Both countries' cheap and plentiful labor has undercut the tech industry in America and other Western countries through outsourcing. [ But I wonder how cheap will China actually be once their currency floats ? ] news.yahoo.com

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