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...BILL GATES is worth more than $30 billion, thanks to his 12.3% stake in a resurgent Microsoft, whose Windows operating system dominates the desktop on 90% of the world's PCs. Gates' empire extends to Internet access (MSN), television (MSNBC and a stake in cable giant Comcast), computer games (Xbox) and even philanthropy (the $24 billion Gates Foundation). Gates, 46, was slow to recognize the importance of the Internet. But with his ambitious .NET initiative--and diminished pressure from antitrust regulators--the world's richest man may end up dominating a whole new realm: cyberspace...
...industry. It bypasses retailers by selling made-to-order computers directly to consumers at low prices, and profits from hyperefficient, just-in-time inventory management. Those innovations helped make Dell the No. 1 computer seller in the world this year. Michael Dell, 36, is raising his sights from PCs to the powerful servers and storage devices that serve businesses. In Dell's cross hairs...
...CHUANZHI Making computers was not the first step on Liu Chuanzhi's long march to success, but it may well be the one that matters most. Liu, 57, survived China's brutal Cultural Revolution and rode the winds of reform to a government concession distributing IBM PCs in the late 1980s. Then he persuaded the government to let him build PCs. He's CEO of LEGEND COMPUTER, the most profitable PC maker in a market in which sales will grow 25% this year. Liu says he learned it all from Hewlett-Packard and IBM, but he aims to best them...
...MORRIS CHANG Born in mainland China and edu-cated in the U.S., Chang, 70, is credited with creating Taiwan's semiconductor industry. The firm he founded in 1987, TAIWAN SEMICONDUCTOR MANUFACTURING, has become a global leader, building microchips for everything from PCs to cell phones while leaving the design to others. This approach has freed small chip designers from having to build their own factories, resulting in more competition and innovation. Despite the global tech slump, Chang just announced a $20 billion expansion...
LOCATION, LOCATION It's a great idea: when you get lost in the woods, your cell phone tells you--and your rescuers--exactly where you are. The FCC now requires carriers to offer a phone that doubles as an emergency locator beacon, and Sprint PCS is the first wireless service to sell one. Its GPS-equipped SPH-N300 ($150) will go live next week in Rhode Island. By the end of 2002, all Sprint phones will have GPS capability...