Word: compaq
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...While the locals fight it out, multinationals?with the exception of Microsoft?remain warily on the sidelines, unsure if they can profit in China's savage market. Today, Compaq and Hewlett-Packard have a combined market share of under 3%; Palm and IBM don't even sell PDAs on the mainland and there isn't enough Mandarin software to spur consumer interest. "We know this is a weakness," concedes Franklin Sze, product director for Compaq's iPAQ in Greater China. Preoccupied with tough times at home and hobbled by supply problems, U.S. PDA manufacturers have focused international efforts instead...
...today, PDAs with Windows account for just 15% of Legend's sales, while buyers flock to low-cost devices running cheaper software. No outside developer or competitor has adopted H-Open. All this offers a sobering lesson for the multinationals that are cautiously entering the market. Earlier this year, Compaq introduced a Chinese iPAQ. But with a retail price of $723, it is hard to imagine sales will soar. Microsoft executives concede that success may be a long time coming. Making money? "This is a very big question," says one Microsoft senior executive, adding that his company will wait...
...cheered each time U.S. Federal Reserve chairman Alan Greenspan cranked the engine with yet another interest rate cut. But the car never budged. And as June turned to July, the mid-year profit warnings began to roll in from Asia's biggest U.S. customers: companies like Advanced Micro Devices, Compaq and Dell Computer. Asia, it turned out, had hitched its hopes to a jalopy economy...
...www.alltheweb.com, that can handle sound files, images and movies. Virage's technology for encoding, indexing and publishing streaming media like audio and video broadcasts is being used at www.westminsterlive.tv to link the text of proceedings in Britain's Houses of Parliament to Web broadcasts of them. And at www.speechbot.com, Compaq's experimental voice-recognition software is transcribing Web TV and radio programs automatically. "Online is the preferred environment for almost everybody at this point," says Quint. "It's the birth of the universal library, in a sense." Many years of construction remain before it can be inaugurated...
...will continue to offer products made by such companies as Apple, Compaq, Gateway, Hewlett-Packard, IBM, Sony and Toshiba...