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Tech firms face new fear: currency fluctuations
Posted: May 6, 2008 9:36 PM

The fluctuating currency market is affecting more than fiscal results of top tech companies; it is a...[ View complete article ]


Message: Tech firms face new fear: currency fluctuations
Post time: May 6, 2008 9:36 PM
 


Author: Centon
Level: Interns
Points: 115

The fluctuating currency market is affecting more than fiscal results of top tech companies; it is also skewing competitiveness and preoccupying corporate boards as top management confronts one more issue over which it has limited control.

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( 1 )      Reply:Tech firms face new fear: currency fluctuations
Post time: May 6, 2008 9:36 PM
 


Author: Centon
Level: Interns
Points: 115

This is just a wake up call, to many, that understand how exporting inflation can wreck a company's bottom line. With the increasing social unrest, due to de-stabilized currencies, governments will eventually de couple from the U.S. dollar. Unfortunately, the little people will bear the brunt of this as the cost of ALL goods will rise. Only the shrewd and creative will weather this transformation.

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( 2 )      Reply:Tech firms face new fear: currency fluctuations
Post time: May 7, 2008 3:17 PM
 


Author: ATPV
Level: Interns
Points: 270

I think a good side that comes from this is that international firms consider options to outsource operations into other regions (Asia) like Infineon.

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