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Bust? What Bust? Inside the Latin American tech economy you don't know about.


It's a bit disingenuous to say that tech is back. It never really went away. People continued to buy computers and video game consoles This is a list of video game consoles by the era they appeared in. Eras are named based on the dominant console type of the era (even though not all consoles of those eras are of the same type). Some eras are referred to based on how many bits a major console could process. . They went so crazy baying new cellular phones that factories in Asia are burning their circuits now trying to keep up. Executives say that Latin Americans This is a list of notable Latin American people. In alphabetical order within categories. Actors
  • Norma Aleandro (born 1936)
  • Héctor Alterio (born 1929)
 now change cellular handsets every six months, a blistering pace.

No, that story about tech's collapse was mostly a Wall Street concoction, just the same as the overblown o·ver·blown  
v.
Past participle of overblow.

adj.
1.
a. Done to excess; overdone: overblown decorations.

b.
 hype of tech's supposedly unstoppable rise. Any crush has to end in a bittersweet bittersweet, name for two unrelated plants, belonging to different families, both fall-fruiting woody vines sometimes cultivated for their decorative scarlet berries.  jilting story one gets to tell forever. ("Oh, if only I had sold my tech stocks at the high!") But the underlying forces that drive us toward innovation--cost savings, productivity, quality of life--keep churning along.

In Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , a hungry workforce and some very creative and talented individuals never lost sight of that market, and their handiwork is just now becoming obvious. Whether the finance crowd buys back in is another story, but Intel Capital, the venture-capital arm of U.S. chip giant Intel, never left the party. Neither did the guy on the opposite page, whom I'm sure you'll recognize, and he has plenty of his own ideas on what's up next.
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Article Details
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Author:Brown, Greg
Publication:Latin Trade
Article Type:Cover Story
Geographic Code:0LATI
Date:Jan 1, 2004
Words:205
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