A week in tech; part 1

The latest tech news from Japan and Korea.

A week in Japan tech

Information Technology

- Information technology spending in Japan is expected to drop 1.2% in 2003 to 12 trillion $102.6 million, the third straight year of decline, according to projections released by market survey firm International Data Corp. Japan IDC Japan. The latest report indicates that the plunge in unit prices is starting to spread from personal computers and other hardware into service segments such as outsourcing and system consulting. Spending on hardware is expected to slip by 4%, while the service sector, which had continued expanding through 2002, will likely not grow either. The continued decline is attributed to sluggish demand caused by the...

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