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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey D who wrote (31842)	8/11/1999 12:52:00 PM
From: Proud_Infidel	Respond to of 70976

Compaq sees India notebooks sales climbing By Reuters Special to CNET News.com August 11, 1999, 4:25 a.m. PT The Indian subsidiary of Compaq Computer expects unit sales of its portable computers to grow about 34 percent in 1999, a senior company executive said today. Compaq's business products director Kapil Jain told Reuters he expected the company would maintain its first Quote half growth of 34 percent in the second half of 1999 as well. "I think we should be able to sustain the 34 percent unit sales growth we witnessed in the first half of the year over the first half of 1998," Kapil Jain, products business director of Compaq India, told Reuters. Jain did not give details of unit sales growth but said Compaq had the largest market share--27 percent--of India's portable computer market of 24,000 units a year. "The market for notebooks is not very large and is still evolving," Jain said at the launch of a range of notebook computers. He said buyers were mainly global businesses, Indian companies, consultants, and financial institutions. The resolution of the country's uncertain political situation could boost demand, Jain said. "Buying by corporates might increase once the post-election scenario in the country is clear," he added. Parliamentary elections in India are scheduled for September and October. news.com