Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: D. Swiss who wrote (84621)	12/10/1998 11:35:00 AM
From: Mohan Marette	Read Replies (2) \| Respond to of 176387

<Asian Economy> Asia matching global Q4 sales growth-says Intel. Drew: What is a 'click fee'? Whatever it is and if ther is money in it I am sure it will suit Dell nicely.<g> Now here is how Q4 is shaping up in Asia. ==================================================================== (Source:BT,Singapore) 7 Dec 1998 Asia matching global Q4 sales growth, says Intel [MADRAS] Intel Corp said last week sales of its computer chips in Asia were keeping pace with global sales growth in the fourth quarter of 1998. ""In the fourth quarter, our business in Asia is definitely growing as fast as it is growing elsewhere,'' John Davies, Intel's vice-president and general manager, Asia-Pacific, told a news conference in the southern Indian city of Madras. The world's largest computer chip maker said last month it expected fourth quarter revenues to be between 8 and 10 per cent above the third quarter level of US$6.7 billion (S$11 billion). Mr Davies said the Asia-Pacific region, which accounted for 20 per cent of the firm's worldwide business, was seeing steady growth in personal computer (PC) sales. ""PC sales is certainly growing, though not as fast as was predicted in 1997, when some people predicted growth of as much as 30 per cent,'' he said. Intel revised its fourth quarter sales figures upward due to a rebound in demand. Davies said the Asia-Pacific region had notched up a quarter of a billion dollars in Intel's electronic commerce billings since its launch in July, making it the world leader for Intel's new Internet-based business. ""The goal is to get over 60 per cent of our accounts online by the end of 1998 and we'll be adding a lot of countries from the region early next year and India is one of them.'' The chip-maker's director of South Asia, Atul Vijaykar, said the firm had held preliminary talks with the Indian authorities and was hopeful of clearances to start electronic commerce from the country, in early 1999. India currently does not permit commercial transactions over the Internet. -- Reuters