Word: techs
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Maybe so. But this will be a different kind of recovery for tech companies. One reason is that a key driver of demand in the next 18 months will be smaller and smaller computers. The growing popularity of netbooks - laptops that can easily fit in a briefcase or handbag and offer basic computing tasks, such as Web browsing - are the prime case in point. Netbooks are cheap, and with new, high-efficiency processors on the scene, they will likely get more powerful, and cheaper still. So while unit volume is improving for tech companies, the actual revenue they bring...
...course, the other growth engine for tech is handheld devices, and none is more exciting these days than Apple's iPhone 3GS; the company reports selling more than a million devices in the first three days after the product's introduction. "Customers are voting, and Apple is winning," CEO Steve Jobs was quoted as saying in an Apple press release. It was the first time Jobs had spoken for the company since he went on medical leave in January. Such strength will help offset weakness in Apple's computer business - sales were still declining on a year-over-year basis...
...while helping lay a foundation for a new one. "So many visitors to Disney World would also like to hop on high-speed rail and enjoy our beaches," says Castor. "But the I-4 Corridor is also vital to our economic future, and high-speed rail is a high-tech project. I see it as a linchpin of Florida's reinvention...
...course, camouflage isn't stricly limited to clothing. As early as World War II, military officials advocated using netting, foliage and smoke to conceal airports, oil tankers and factories from aerial detection. High-tech vinyl-adhesive photographs now available can conceal entire bridges; temporary camouflage can be painted on military tanks and just as quickly be washed off. One Dutch defense contractor is working on thin, plastic sheets that adapt and blend into a soldier's environment by using a system of light-emitting diodes and a small camera. Another contractor, AAE, has patented a type of fabric that prevents...
...would be nice to think that a new high-tech day is dawning over North Korea, but that would be a mistake," argues David J. Smith, chief operating officer and director of the North Korea Project at the National Institute for Public Policy, a U.S. foreign policy think tank. "North Korea's high-tech ventures will fail to save its economy without a systemic overhaul, of which the regime is incapable...