The Weekly News Update is a weekly roundup of business news from around the Asia-Pacific region, covering Fusion Consulting's core industry practices: chemicals, consumer & retail, financial services, industrial & logistics, information & communication technology, life science and media & leisure. If you have colleagues or friends who may be interested in subscribing, please forward this email to them and copy knowledge@fusionc.com


 



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Information & communication technology 


China - Software industry records 20% rise in revenue
Source: Xinhua, 13 February 2008

China's software sector generated RMB580 billion (US$80.7 billion) in revenue in 2007, an annual increase of 20.8%. According to the Ministry of Information Industry, sales of software products surged 22.5% to RMB201.7 billion (US$28.1 billion), while system integration income rose 16% to RMB147.8 billion (US$20.6 billion).

The income of software and technology services hit RMB97.8 billion (US$13.6 billion), up 24.8%. Revenues of embedded system software hit RMB115.5 billion (US$16.1 billion), up 21.8%. Revenues generated from integrated circuit design jumped 16.8% year-on-year to RMB17.1 billion (US$2.4 billion).


India - Computer services exports may gain 28% in 2007-08
Source: Bloomberg, 12 February 2008

India's computer services exports may gain 28% this fiscal year. According to estimates by the National Association of Software and Services Companies (Nasscom), exports will rise to US$40.8 billion for the year ending 31 March 2008. The home market will likely generate US$23.2 billion in revenue, boosting total growth by 33% to US$64 billion.

Tata Consultancy Services and Infosys Technologies compete with IBM to write software and maintain networks from India for overseas clients. Nasscom predicts that India may exceed its target of US$60 billion in computer services exports for the 12 months ending March 2010.


Malaysia - Juniper joins Ethernet switches fray
Source: Tech & U, 11 February 2008

Networking vendor Juniper Networks is moving into the Ethernet switches market for the first time after 10 years in the core router segment. Due to the convergence of data, video and voice, enterprise customers are getting more demanding. Having just a switching solution is not enough, as customers want to have all the features and functionalities enjoyed by the service providers like high availability, robustness and security.

Juniper expects the overall market value for Ethernet switches in Asean countries to be US$506 billion in 2008. The Ethernet switches market in Malaysia is worth US$125 million in 2008, and Juniper is eyeing at least 10% market share by the end of the year.
 


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This Weekly News Update is a free newsletter, providing a round-up of the week's Asia-Pacific news from our core industry practices. If you have colleagues or friends who may be interested in subscribing, please forward this email to them and copy knowledge@fusionc.com.

Fusion Consulting is a business intelligence consultancy providing clear strategic advice on Asia-Pacific markets. With offices in Shanghai, Singapore and Hong Kong and 400 industry consultants in 16 countries, we conduct custom research and consulting to help companies understand their markets, compete more effectively and grow into new areas of opportunity. Email
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