Emerging Technology Hub of Europe: Can Eastern Europe Lure the Best in the Electronics and Semiconductors Industry?

PALO ALTO, Calif., May 22 /PRNewswire/ -- The Economics Research and Analytics Group at Frost & Sullivan is pleased to announce its 2007 Quarterly Analyst Briefing Presentation on the Eastern European semiconductors market to be held on Tuesday, May 29, 2007 at 10:00 a.m. CDT / 11:00 a.m. EDT.

The semiconductors industry is a driver of innovation and thus is regarded as a strategic industry by all nations. Most of the developing nations on the path to being recognized as having a 'knowledge economy' have given ample thrust to the development of the electronics and semiconductors industries.

Countries compete with each other to attract investments into the semiconductor industry. Accordingly, governments frame policies to improve the designing and manufacturing capability of the country by giving preference to R&D, incentive packages for investments, technology clusters and science parks.

Czech Republic, Hungary and Poland joined the European Union (EU) in 2004 resulting in improved macroeconomic stability which opened up more investment opportunities for companies. A key policy initiative called the 'Lisbon strategy' aims to make EU a knowledge economy and the member nations are expected to benefit from the move. Increasingly, companies are expanding operations into these emerging technology hubs.

This briefing will benefit all industry participants in the electronics and semiconductors industries looking for new investment avenues or planning to enter the European market.

Highlights of the briefing include: political and economic backdrop of the countries, industry related government policies, overview of research & development (R & D), industry infrastructure including industrial parks, science parks and Export Process Zones (EPZ), industry profile, growth drivers and opportunities.

"Eastern Europe (EE) has the right mix of steady economic growth, comparatively low cost labor and the presence of trained and qualified manpower," notes Frost & Sullivan Research Analyst Manoj Chengalath. "The EU accession has resulted in access to increased funds for research and development (R&D) and infrastructure development. Thus semiconductor companies should increasingly be contemplating EE as an alternative, up and coming investment destination and take advantage of the investor friendly policies and incentive packages rolled out by the respective governments."

To participate, please email Sara Villarruel at sara.villarruel@frost.com with the following information: your full name, company name, title, telephone number, e-mail address, city, state and country. Upon receipt of the above information, a registration link will be e-mailed to you.

Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit http://www.frost.com/ .

CONTACT: Sara Villarruel, North America Corporate Communications,
Industrial Automation & Electronics of Frost & Sullivan, +1-210-477-8448, fax,
+1-210-348-1003, sara.villarruel@frost.com

Web site: http://www.frost.com/

SOURCE Frost & Sullivan

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