Asian IT spending to grow 10%

Apr 25

Asian IT spending to grow 10%

Spending

Information technology spending in Asia, excluding Japan, is expected to rise 10% this year to nearly $88 billion as the global economic recovery gathers steam, a research group said on Thursday. International Data Corp’s forecast is nearly triple the 3.4% increase in IT spending for 2003, when the economy began to pick up after two years of weakness.

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