Fri, Apr 17, 2009 - Page 12 News List

ICT firms cautiously upbeat on outlook

STAFF WRITER, WITH CNA

Taiwan’s information and communications technology (ICT) companies were more optimistic about the economy for the second quarter of this year than for the previous quarter, but remained conservative about the outlook for the whole year, an industry survey released yesterday showed.

In the survey, conducted by the Institute for Information Industry’s Market Intelligence Center (MIC) among ICT manufacturers at the beginning of the second quarter, 42.3 percent of respondents expressed confidence that the industry would resume growth gradually in the second quarter, compared with 6.3 percent who had said so in the first quarter.

The respondents said they were particularly optimistic about the outlook for the communication and the computer hardware and peripherals sectors, with 80 percent saying they believe these sectors would see steady recovery or sharp growth in the second quarter, the survey showed.

MIC analyst Huang Yi-shuian (黃怡瑄) attributed the overall optimistic sentiment to the effect of government policies that include bailing out failing enterprises, providing unemployment benefits and developing an economic stimulus package.

More than 25 percent of computer hardware and peripherals manufacturers expected turnover would rise between 41 percent and 50 percent year-on-year in the second quarter, while 44 percent of manufacturers predicted a downturn or growth of less than 20 percent.

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