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Word: teche (lookup in dictionary) (lookup stats)
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...specialized. The old economy was geared to mass production, mass marketing and mass media: cookie-cutter products spewed from assembly lines in central factories; entertainment and ideas were broadcast from big studios and publishers. Now products can be individualized. Need steel that's tailored for your needs? Some high-tech mini-mill will provide it. Prefer opinions different from those on this page? A thousand Webzines and personalized news products are waiting to connect with...

Author: /time Magazine | Title: ANDREW GROVE: MAN OF THE YEAR | 12/29/1997 | See Source »

Driving all this is the microchip. The high-tech industry, which accounted for less than 10% of America's growth in 1990, accounts for 30% today. Every week a Silicon Valley company goes public. It's an industry that pays good wages and makes both skilled and unskilled workers more efficient. Its products cost less each year and help reduce the prices in other industries. That, along with the global competition that computers and networks facilitate, helps keep inflation down...

Author: /time Magazine | Title: ANDREW GROVE: MAN OF THE YEAR | 12/29/1997 | See Source »

...other worries. The Federal Trade Commission launched a second probe of Intel this fall. Though the firm has escaped with a clean bill of health in the past, its dominant market share may look like a fat bull's-eye to trustbusters. Intel's close relationship with Microsoft--tech insiders refer to a WinTel duopoly--does seem to make competition more difficult. Grove, for one, isn't slowing any plans because of the government. "We're very careful," he says, "and clean...

Author: /time Magazine | Title: ANDREW GROVE: A SURVIVOR'S TALE | 12/29/1997 | See Source »

FORTUNE Business Report gives you everything from Wall Street's day, without the little paper slips. Tuesday: Tech stocks rebound, Fed stands...

Author: /time Magazine | Title: The Front Page | 12/16/1997 | See Source »

FORTUNE Business Report gives you everything from Wall Street's day, without the little paper slips. Monday: blue chips and tech stocks part company...

Author: /time Magazine | Title: The Front Page | 12/15/1997 | See Source »

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