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Tech show to fight economic fears | Tech show to fight economic fears |
(about 1 hour later) | |
More than 140,000 people are expected in Las Vegas for the start of the Consumer Electronics Show on Monday. | More than 140,000 people are expected in Las Vegas for the start of the Consumer Electronics Show on Monday. |
The latest in gadgets and home electronics will be on display, as technology firms hope to ride out a global economic slowdown. | The latest in gadgets and home electronics will be on display, as technology firms hope to ride out a global economic slowdown. |
"The industry has to brace itself," admitted Gary Shapiro, president of the US Consumer Electronics Association. | "The industry has to brace itself," admitted Gary Shapiro, president of the US Consumer Electronics Association. |
Microsoft boss Bill Gates opens the show with a speech on Sunday, which will focus on social technologies. | Microsoft boss Bill Gates opens the show with a speech on Sunday, which will focus on social technologies. |
"My feeling is that the US is in for tough times," said Mr Shapiro. | "My feeling is that the US is in for tough times," said Mr Shapiro. |
'Technology tourists' | 'Technology tourists' |
But he said that economic slowdown and the widespread credit crunch could see people investing more in their homes, rather than buying new property. | But he said that economic slowdown and the widespread credit crunch could see people investing more in their homes, rather than buying new property. |
"If we were [an] industry selling boats or travel, I'd be concerned. In terms of consumer electronics the industry is fairly well positioned." | "If we were [an] industry selling boats or travel, I'd be concerned. In terms of consumer electronics the industry is fairly well positioned." |
FROM THE DOT.LIFE BLOG With more than 2,000 exhibiting firms and 140,000 attendees it is more of a brawl than a leisurely trawl through technology Darren Waters, technology editor, BBC News website Read more blog entries | FROM THE DOT.LIFE BLOG With more than 2,000 exhibiting firms and 140,000 attendees it is more of a brawl than a leisurely trawl through technology Darren Waters, technology editor, BBC News website Read more blog entries |
He said the weak dollar had helped the US market, with many "technology tourists" visiting the country to buy electronics. | He said the weak dollar had helped the US market, with many "technology tourists" visiting the country to buy electronics. |
"People are coming to the US because it is such a bargain." | "People are coming to the US because it is such a bargain." |
CES is the focus point for many technologies due to hit shops in the coming 12 months, such as OLED TVs, offering brighter, thinner displays, and a plethora of digital living room technologies, such as set-top boxes and digital storage devices. | CES is the focus point for many technologies due to hit shops in the coming 12 months, such as OLED TVs, offering brighter, thinner displays, and a plethora of digital living room technologies, such as set-top boxes and digital storage devices. |
The show will also be used as a promotion tool for competing technologies such as Blu-ray and HD-DVD, and wireless technologies like Bluetooth and Wireless USB. | The show will also be used as a promotion tool for competing technologies such as Blu-ray and HD-DVD, and wireless technologies like Bluetooth and Wireless USB. |
Mr Shaprio said: "CES is truly a convergence show. We have the devices, the pipes to those devices, and the content and services. | Mr Shaprio said: "CES is truly a convergence show. We have the devices, the pipes to those devices, and the content and services. |
'Converging electronics' | 'Converging electronics' |
"Calling it the Consumer Electronics Show is probably a misnomer. It should be called the Converging Electronics Show, or Consumer Entertainment Show." | |
Last year the event was overshadowed by an Apple event in San Francisco, at which Steve Jobs unveiled the iPhone. | Last year the event was overshadowed by an Apple event in San Francisco, at which Steve Jobs unveiled the iPhone. |
Every big company starts small. Even Microsoft started out as a tiny company at a trade show Gary Shapiro, CEA | Every big company starts small. Even Microsoft started out as a tiny company at a trade show Gary Shapiro, CEA |
"It was a little bit challenging for us," said Mr Shapiro. "We handled it and survived." | "It was a little bit challenging for us," said Mr Shapiro. "We handled it and survived." |
The show remains a business event, not just for promotion but also for buyers and distributors. | The show remains a business event, not just for promotion but also for buyers and distributors. |
Jeremy Fennell, international buying director for PC World, said: "We'll be looking at the further development of the convergence between the consumer electronics and the IT industries. | |
"We're looking for products that will help people share information both inside and outside the home." | "We're looking for products that will help people share information both inside and outside the home." |
'Simple devices' | 'Simple devices' |
He said the key questions that he hoped CES would answer would be about convergence. | He said the key questions that he hoped CES would answer would be about convergence. |
"We want to know: is it going to be one box or more boxes? Will we see data streaming through multiple PCs - or one digital server sending content to other devices through the home." | "We want to know: is it going to be one box or more boxes? Will we see data streaming through multiple PCs - or one digital server sending content to other devices through the home." |
He added: "What I need is simple devices that allow simple movement of my content around the home. | |
"It is a show where anyone with an idea can sell it to the world," said Mr Shapiro. | "It is a show where anyone with an idea can sell it to the world," said Mr Shapiro. |
"Anyone with an idea, with a small investment of a few thousand dollars can get a booth; and investors, distributors, buyers and retailers from all over the world can help them get exposure. | |
"Every big company starts small. Even Microsoft started out as a tiny company at a trade show." | "Every big company starts small. Even Microsoft started out as a tiny company at a trade show." |
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