Tech Show Reflects Optimism

Thursday Jan 7th 2010 by Staff

The best news out of the CES show in Las Vegas: attendees seem more upbeat about the economy in general and the tech industry in particular.

Wall Street Journal: The Journal's delegates to the Consumer Electronics Show report "conflicting signs about how good a year 2010 may be for the technology world," but note that everyone at CES seems a lot more upbeat than they were last year.

Why the new optimism? The crowds are bigger, companies are debuting a lot of new products, and many device manufacturers experienced sales growth at the end of 2009. "Compared with the same time last year, we feel much better," said Zhou Houjian, chairman of the Chinese electronics manufacturer Hisense Co. Ltd., which doubled the number of employees it sent to CES this year. "We feel the U.S. economy got a lot of new energy."

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