Hi Ya victor.
2/22 04:31 INTERVIEW-Compaq[CPQ-news]sees Asia
enterprise growth
SINGAPORE, Feb 22 (Reuters) - U.S.-based Compaq Computer
Corp sees growth in the Asia-Pacific region for its enterprise
computing group, a senior official said on Monday.
"Going forward this year, we see definite growth," Compaq's director
of enterprise computing for the Asia-Pacific region, Saroj Suraweera,
told Reuters in an interview.
"I think it is pretty early to say what the growth would be, but I would
say if we don't achieve a 15 percent growth, we would not be
satisfied," he said.
Asked if 15 percent was consistent with industry growth
expectations, Suraweera said he was not aware of the latest industry
figures.
"Compaq always tries to grow faster," he said. "At least twice the
market growth."
The enterprise computing group produced 35 percent of Compaq's
total sales of $31.17 billion for 1998 and 36 percent of sales from the
Asia-Pacific region, excluding Japan, China, Hong Kong and Taiwan.
The region accounted for about five percent of the computer giant's
global revenue in 1998.
Suraweera said Internet-based computing offered huge opportunities,
especially for emerging entrepreneurs.
"Once the Y2K issues are over, I personally believe people would
move to the next wave of computing," he said, referring to
Internet-based computing.
"All entrepreneurs have a great chance of getting into this new wave,"
Suraweera said, citing online retailer Amazon.com [AMZN-news] as
an example.
The Y2K or millennium bug is caused by outdated computer software
that may mistake the year 2000 for 1900.
-- Alicia Siow, Singapore newsroom (65)870-3086; Fax (65)776-8112
-- E-mail: singapore.newsroom@reuters.com |
