NEW YORK/PARIS/SEOUL (Reuters) - The Internet, emerging markets and biotechnology are among the sectors that leading U.S. technology and media executives tipped as hot areas of investments.
At the Reuters Global Technology, Media and Telecoms Summit this week, top industry executives were asked to name some companies and sectors that they would personally invest in. Here is a sample of responses:
THE INTERNET
"The rise of these social network communities is going to be very strong. We're seeing the beginning of it."
--Cisco Systems Inc. (CSCO.O: Quote, Profile, Research, Stock Buzz) Chief Development Officer Charles Giancarlo
"I would very likely invest in one of the Web 2.0 companies ... an IPO. I am very excited about this area."
--Fujitsu-Siemens Computers (6702.T: Quote, Profile, Research, Stock Buzz) (SIEGn.DE: Quote, Profile, Research, Stock Buzz) Chief Marketing Officer Barbara Schaedler
"The Internet is a place where the bottom-up emergence of things -- such as relevance of sites where Google (GOOG.O: Quote, Profile, Research, Stock Buzz) is going -- is really changing the way we understand how the world works."
--Seat Pagine Gialle PG.MI Chief Executive Luca Majocchi
"I would look at companies that were really targeting new types of device categories, that are really going to go after putting the Internet in your pocket, putting the Internet in your car, putting the Internet in your TV ... I think Apple (AAPL.O: Quote, Profile, Research, Stock Buzz) is a company that has always had a tremendous amount of innovation. They're definitely on this track of taking and bringing the Internet into all kinds of new device categories and resetting the direction in the world. Smaller companies that are on that same track -- that's where I'd invest my money."
--Intel Corp.'s (INTC.O: Quote, Profile, Research, Stock Buzz) General Manager of Asia-Pacific John Antone
"I'd invest in a B2C e-commerce opportunity in China targeting a slightly older demographic group. So not the 12-20 year-old group, something older than that, lifestyle related."
--Qunar.com's CEO Fritz Demopoulos
MEDIA
"I love media. If I think about YouTube and what YouTube can do to change the world, and that whole concept of digital media, digital rights management, the whole notion of thinking about the average consumer and taking the position of what does everyone want? They want what they want when they want it, where they want it and how they want it."
"If you can be a company that knows how to provide that service on demand, you can change the world. Anything in that area would be pretty exciting to me." Continued...
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