Trade Arabia News - International Business - Mar 17, 2010Intel Corporation (INTC)
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Patrick Wang
at
Wedbush Morganas a reason for robust sales, especially in computers, in the world's No.3 economy. The Asia Pacific region, excluding Japan, accounts for roughly three fifths of
Intel's revenue.
Wedbush Morgan analyst Patrick Wang said there had been concerns about inventory build up and poor sales leading up to the Chinese holiday. But sales remained strong, pushed in part by Chinese government programs to spur consumption of everything from cars to household appliances. Beijing is encouraging scores of technology upgrading projects as part of an effort to spur spending on electronics, among other initiatives.
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as a reason for robust sales, especially in computers, in the world's No.3 economy. The Asia Pacific region, excluding Japan, accounts for roughly three fifths of <span class="company">Intel</span>'s revenue.<span class="sent"> Wedbush Morgan analyst <span class="analyst">Patrick Wang</span> said there had been concerns about inventory build up and poor sales leading up to the Chinese holiday.</span> But sales remained strong, pushed in part by Chinese government programs to spur consumption of everything from cars to household appliances. Beijing is encouraging scores of technology upgrading projects as part of an effort to spur spending on electronics, among other initiatives.
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