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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (37441)	7/21/2008 7:41:58 AM
From: elmatador	Respond to of 219644

Europe exported too much to backward countries, that blowed back to them. I recall Ericsson stuck with outdated technology because the state-owned enterprises of the developing world were snapping them up. Companies that did not depend on exporting backward-wise had to adapt to high and higher technology: Airbus, Dassault is a case in point. I recall Siemens shipping the outdated technology to China, Brazil etc and keep them supplying the markets. This was due to developing countries wanting local content which was always the lower technology they had. That created markets for outdated technology that milked for profits. Until the future arrived. After de-regulation, liberaralization, privatization, all investors in infrastructure the world want the best technology available in the market.