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The focus of international investment in ICT is shifting to services activities
Published:  October 01, 2002

US high-tech companies may be more risk averse when it comes to overseas investment, but FDI in Europe is holding up while Asia in particular is enjoying a mini boom.
Ashleigh Lezard explains.

Every year at the Hewlett-Packard Company (HP) headquarters near Helsinki, Finland, wireless technology developers gather at a mobile e-services camp. Peter Vesterbacka, a Finn with a Finnish passion for mobile communications, describes with great enthusiasm how for three days and three nights non-stop, developers from companies from all over the world listen to industry professionals, learn from each other and invent new and better ways to make life easier through mobile telecommunications.

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