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OUR CEO OUTLOOK 2003 today features the Malaysia-based CEOs of three of the largest IT corporations #8211; Datuk Wong Siew Hai of Intel Corp, Khatijah Shah of SAP, and T.F. CHONG of Hewlett-Packard (HP). The three CEOs are looking forward to 2003 as they expect a pickup in the world economy will boost spending on IT.
SOFT drink manufacturer and distributor Permanis Sdn Bhd expects its latest sports drink I>Gatorade/Ito increase sales by 20% to RM240mil for the current financial year ending June 30, 2003.
GLOBAL information technology (IT) provider Hewlett-Packard (HP) sees potential in the collaborative commerce (c-commerce) market despite cautious corporate IT spending and slow technology adoption among manufacturers this year.
MALAYSIA, with a 32.5% compound annual growth rate (CAGR) for smart cards from 2001 to 2005 is expected to have about 13 million smart cards out by 2005, according to Jafizwaty Ishahak, a Smart Card and Auto ID regional research analyst with Frost amp; Sullivan Asia Pacific.
BANKING and retail applications for the smart card market in Malaysia is on an upward trend. According to a recent study by Frost and Sullivan in 2000, banking and retail applications accounted for 2.4% of total smart card shipment by application and this is expected to grow to 6.2% by 2004.
AS the telecommunications industry in Asia-Pacific further consolidates, we will see an average of three players emerging from each country (Frost Sullivan, November 2002). In Malaysia too, efforts have been made to consolidate the industry with a view to strengthening the industry and increasing competitiveness. Customers are a key factor in the equation as the consolidation will not only create a more efficient industry but also act as a catalyst to bring about a more customer-focused operating environment.
A SHIFT in the focus of telecommunications companies (telcos) to the relatively untapped data market is good news for mobile infrastructure solution providers, who see this translating into 20% annual growth in product sales, SmartTrust chief executive officer Paul Cuss said.