Word: techs
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Dates: during 2000-2009
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...TECH: Quite possibly the coolest personal computer ever...
...India's tech sector is in the grip of an extraordinary paradox. With almost all tech companies on a hiring spree, there's never been more demand for ?lite employees who have attended the right colleges or have a few years' experience at a prestigious company. Yet for hundreds of thousands of starry-eyed young men and women who are drawn to the IT sector in the hope that it will provide a way out of India's crushing unemployment problem, the promise of a high-paying job is turning out to be a mirage...
...India's tech companies are expected to hire 75,000 to 100,000 people this year?a 50% increase compared with last year?because after years of relatively sluggish growth, the sector is roaring again. Revenues for India's IT businesses will grow by a heady 40% this year, according to Vijay Baoney, a technology analyst at Indian brokerage house Enam Securities. The problem for companies is finding enough midlevel executives who can train, groom and oversee the influx of raw recruits. "Experienced hires are not there on the scale that the industry needs them," says Hema Ravichandar, head...
...Because demand is outpacing supply, tech analyst Baoney believes wages in the IT sector will rise by 15-20% this year?and it is midlevel managers, who command salaries ranging from $20,000 to $40,000 annually, who are getting the fattest increases. Indian companies are resisting, but they're losing the battle as American companies like Accenture and IBM expand in India and often lure executives with better pay packages. Silicon Valley-style job hopping is suddenly in vogue. "If an executive is working with a firm for two or three years, and he doesn...
...music store, expanding soon into Hong Kong, India and Taiwan, its download numbers are still modest. Meanwhile, Asia's other pioneering online stores, like Max MP3 in Korea and iBiz in Taiwan, remain small and local. Japan, with its $4.16 billion music market and love of all things high-tech, should be an obvious opportunity for online-music sales. A survey by Japan's Nikkei Business Daily found that 47% of respondents would buy music from iTunes if they could. But Sony, the obvious candidate for market leadership (after all, Sony invented the portable music market with the Walkman...