Leading chipmaker Intel is bullish about the local market for its products.
The company says the high social indicators and low penetration of computers leaves a lot of room for expansion.
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rnldblquote Earlier this year 1 billion PCs were sold in the world. If you look at the way they were used 75% was sold in the developed world and only 25% was used in the developing world,
dblquote South Asia director of Intel Avtar Saini.
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rnldblquote If you ask where the next billion PCs will be sold in the next 5-7 years nearly half of them will be sold in what we call the emerging markets. dblquote rn
rnldblquote It is very encouraging to see that peace is coming to Sri Lanka. When you look at the direction where the govt is moving it is very encouraging.
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In the next few years we see phenomenal growth in this region.
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dblquote (LBR)rnrn