India And China To Replace Silicon Valley By 2016 – Survey

Close to half of Information and Communication Technology (ICT) leaders worldwide see India and China to be the likely successors of Silicon Valley as the global technology innovation center within the next four years, a new survey has revealed. More than two in five technology executives surveyed for KPMG’s Technology Innovation Survey 2012 believe Silicon Valley is on the way out as the global technology hub, in which a plurality of 44% expect China to replace it by 2016.

[Source: Times of India]


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