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Computer industry beginning rebound; Double-digit growth in hardware spending means opportunity for component suppliers.

Publication: B to B
Publication Date: 13-SEP-04
Format: Online - approximately 711 words
Delivery: Immediate Online Access
Full Article Title: Computer industry beginning rebound; Double-digit growth in hardware spending means opportunity for component suppliers.(Vertical Insight: Tech Manufacturers)(Computer Trade Industry Association)

Article Excerpt
Byline: ROGER SLAVENS

The computer hardware market had been seriously lagging behind other industries in rebounding from the economic downturn of the past three years. However, several research firms report that computer hardware sales-particularly PCs and servers-are finally staging a significant comeback.

In a recent Forrester Research report on IT spending, analyst Andrew Bartels predicted that computer hardware spending would increase by 14% in 2004, and by a 10% compound annual rate from 2003 to 2008.

"The main driver of this new investment will be improved price and performance, the spread of Linux operating systems and other open source software that uses generic computer chips,''...

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