From WSJ interactive edition:
Dow Jones Newswires -- December 15, 1997
Japan Mkt For Online Access, Equipment Grows - Nikkei
TOKYO (Nikkei)--Fueled by growing Internet use, Japan's market for
online access and information technology equipment continues to
expand at a brisk pace, The Nihon Keizai Shimbun said in its Tuesday
morning edition.
The number of Internet service providers has doubled over the past
calendar year, hitting 2,326 at the end of October, says the inistry of Posts and Telecommunications. The access-provider market is expected to top Y100 billion this fiscal year.
Subscriptions to Open Computer Network, the Internet service of Nippon Telegraph and Telephone Corp. (NTT or 9432), topped the 100,000 mark at the end of November, including roughly 9,100 corporate customers, the newspaper said.
Demand is growing rapidly for routers, devices used to select
transmission paths for Internet communications. Cisco Systems KK,
which commands nearly 70% of the local market, forecasts demand of
Y110 billion in the year through July, from Y85 billion in the current term.
The company is a unit of the U.S.'s Cisco Systems Inc. (CSCO).
NEC Corp. (NIPNY or 6701) will boost production capacity for terminal adapters, the equivalent to modems for ISDN circuits, and projects a doubling of sales in the current year to 500,000 units.
Analysts forecast the domestic market for Internet-related equipment will top Y200 billion in the next fiscal year.
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The internet is driving this market and it won't stop for anything IMO
L. Wolf |
