Word: teche
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...defiance had electrified Lowell, Mass., the Catholic city from which my Catholic family hails. Lowell was America's first planned industrial city in the 19th century. It collapsed when the mills closed, then was brought back to life again in the 1970s when high-tech Wang Laboratories came to town, along with many low-wage Asian immigrants. Now it is wrestling with its identity; it has landed a minor league ball club and a new park, but nothing yet has rescued its old working class. Throughout its upheavals, Lowell has often been steered by the church and, in at least...
Despite the continuing appeal of video and computer games, a growing number of consumers are returning to a low-tech, nostalgic pleasure: board games. From 1999 to 2000, sales jumped 23%, as such games as Monopoly, Clue and Cranium found a new audience in adults and frenzied families eager for a Nintendo-free way to socialize. Toy giant Hasbro has been running an ad campaign that plays on just this theme, urging loved ones to gather weekly for "family game nights...
...bottom of America's electronics wastebasket lies the township of Guiyu. The cluster of villages in southern China's Guangdong province is a dumping ground for mountains of scrapped computers and high-tech appliances, the detritus of a digital revolution going on an ocean away. Blue Dongfeng trucks with heaving loads of broken hardware dominate the roads and kick dust into the faces of the bicycle-cart drivers, their own cargo of tangled wires swaying with each turn. Atop a riverbank junk heap near the Meizhou bridge, a piece of cardboard flutters in the breeze?printed on it are keystroke...
...consumers are creating companies. Domestic spending is helping make the Korean business sector more diverse, by spawning start-up enterprises in the technology and service industries. High-tech alone now contributes 15% of GDP, up from less than 8% in 1997. For a quick tour of the new economic landscape, log on to the Internet and check out www.freechal.com. One of the Web portal's hottest products are avatars, digital cartoon characters that stand in for real people in Internet chat rooms. Freechal started charging for avatars last June. Already the company has captured some 110,000 Korean customers...
...will benefit when Americans start buying more cell phones, stereos and fridges, particularly Samsung Electronics whose nifty DVD players are already a must-have item for U.S. consumers. As the world's biggest semiconductor maker, the company would also get a boost from a pickup in the U.S. high-tech sector. Other beneficiaries: the myriad suppliers to Korea's shipbuilders, carmakers and other chaebol exporters. Korea's dependence on the U.S. market has lessened, but it is still a big part of the picture...