More Internet Growth Prospects from Today's News
Growth in personal computer ownership through the year 2003, and a rising prevalence of high-speed Internet access, have already been cited. From today's technology news headlines: more Internet growth prospects within the same time interval, certain to benefit emerging portals such as GNET for years to come:
Intel Sees Trillion Dollar E-Commerce
Feb 23 12:42pm ET
PALM SPRINGS, Calif. (Reuters) - Intel Corp., kicking off a conference of hardware developers who use its chips, said Tuesday electronic commerce revenues will reach one trillion dollars within the next few years.
''The Internet is now the single most important growth driver in the computer industry,'' said Paul Otellini, executive vice president and general manager, Intel Architecture Business Group. ''The Internet is as important to Intel's future as silicon was in our past.''
Intel said it is shifting its own development plans more in the direction of electronic commerce-related products to take advantage of its dramatic growth.
In a joint keynote speech at the Intel Developer Forum, Otellini, and Albert Yu, senior vice president and general manager, Intel Microprocessor Product Group, said that by the year 2002, it is estimated that annual electronic commerce industry revenues will top one trillion dollars. |
