Yakov,
I don't remember seeing any reduced backlog numbers coming out of SVGI. Rather, the rate of growth in the backlog was beginning to slow - a good sign in that one isn't telling prospective customers to wait 2 years or more for a machine.
Thread,
Yesterday, I mentioned that 3 of the 4 lithography customers had warned. Is this a warning from the 4th? ...
Dow Jones Newswires -- March 11, 1998
IBM Singapore Sees Slow Domestic Growth,
Warns Of Tough 1998
Dow Jones Newswires
SINGAPORE -- Growth in Singapore's computer market will slow substantially in 1998 as a result of the regional economic downturn, IBM Singapore general manager Lawrence Wee told reporters Wednesday.
IBM Singapore registered double-digit sales growth in 1997, Wee said, but he declined to give further details. The government and various research firms have put domestic computer sales growth at about 20% in the past two years.
Wee said there will be some areas in the domestic computer market, such as information technology services, that will continue to register strong growth.
He said IBM Singapore, a wholly-owned subsidiary of International Business Machines Corp. (IBM), will also work with more third-party companies to sell to customers, reducing its emphasis on direct sales. These have been goals established at the headquarters level and are slowly being implemented in subsidiaries around the world, said Wee.
By Joseph Rajendran; |
