Word: high-tech
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...some 200 Bush "Pioneers" each raised $100,000 in $1,000 increments from friends--and the soft-money ban would make it hard for Democrats to catch up. Already the Dems are scrambling to narrow the huge Republican lead in hard money. The Democrats' new headquarters will have high-tech computers to help reach more of the $2,000-range donors...
...efficient are they? With its pioneering continuous-slab casting process, Steel Dynamics produces flat-rolled sheet coils for $50 to $100 less per ton than its integrated competitors. Last year output per employee was $1.1 million, vs. about $254,000 at Bethlehem. "A lot of high-tech companies don't have our revenues per employee," says Fred Warner, investor-relations manager at Steel Dynamics. And analysts say the minis' market share would probably rise even faster if imports were curtailed. "The minis will expand again with higher prices," says Robert Crandall, an economist at the Brookings Institution. "Over time they...
Chang has become a sort of Pied Piper of Pudong, the suburban Shanghai business district, luring chip engineers by the dozen from Taiwan. Chang's Semiconductor Manufacturing International has built China's first 8-in. wafer foundry, a $1.5 billion venture that heralds more high-tech Taiwanese investments in the giant next door...
...growing disparity between U.S. and European capabilities has profound implications. NATO has always grappled with the issue of "interoperability" - whether U.S. tanks, for example, can fire Belgian ammo. Such problems can only grow as the U.S. services deploy high-tech "next-generation" weapons and adapt their war-fighting doctrines accordingly. As Europe's capabilities atrophy, dependence on America to do the dirty work will deepen. But dependence breeds resentment on both sides, and already in Europe voices can be heard decrying America's go-it-alone interventionism. Across the Atlantic the notion of a feckless Europe unable and unwilling...
...cultural assets. With the computer-chip industry in a slump, Penang's residents are now wondering if their enthusiasm was misguided, and whether they can lure tourists back to their beaches and historical treasures. Malaysia's Prime Minister Mahathir Mohamad, whose penchant for progress inspired much of the high-tech push, did not help their cause when he called Penang the dirtiest place in the country?twice...