Chipmaker Intel said this week that despite its record $10.2 billion in revenue for the third quarter, the company is worried that the global economic crisis will affect future performance. Despite such a general malaise across the industry, however, there is some very good news on the tech front. Buried under the cloud of economic fears, bandwidth prices for backbone transit are declining across the globe. This means that the high-speed commercial data services that we all rely upon are getting cheaper, which may also give a boost to the growing Internet video industry.
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Cheer Up: There's a Silver Lining for Tech
Posted by: Sonia Arrison October 17, 2008 04:00 AMChipmaker Intel said this week that despite its record $10.2 billion in revenue for the third quarter, the company is worried that the global economic crisis will affect future performance. Despite such a general malaise across the industry, however, there is some very good news on the tech front. Buried under the cloud of economic fears, bandwidth prices for backbone transit are declining across the globe. This means that the high-speed commercial data services that we all rely upon are getting cheaper, which may also give a boost to the growing Internet video industry.