A forecast of Philippine's IT spending

Philippines is forecasted by IDC Market Research that it will spend more money in building IT infrastructure in the next three to five years, especially in hardware segment since the majority of population still haven't fully deploy IT.

The hardware segment (covers PC components & peripherals, PDA and networking hardware) will take the top spot and followed by IT services and software segment respectively.

This news will definitely bring a new hope to all IT vendors and IT providers to provide more IT-related business opportunities in the country.

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Reference: Link