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Wednesday 3 April 2013

Hong Kong Information Technology Report Q2 2013

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Hong Kong Information Technology Report Q2 2013
Apr 3rd 2013, 00:00

BMI View: We forecast IT spending in Hong Kong will reach HKD44.9bn in 2013, growth of 5.5% in localcurrency terms from 2012. This outlook , however, depends on a stable global economic outlook, given theinterconnectedness of the economy. Of particular importance is the performance of mainland China, giventhe intricacies of the Hong Kong-China economic relationship. Regardless of the macroeconomic outlookthere will be key growth based on the launch of Windows 8, touchscreen tablets and the trend to mobilitywill fuel demand to utilise new technologies such as virtualisation and cloud computing. Key sectors of theeconomy, including financial services, are also still inv...

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