Asia-Pacific manufacturing industry spent $15 bln on IT in 2005

Asia-Pacific (excluding Japan) manufacturing industry has been recovering and gaining momentum after the initial turnaround observed in 2004. APEJ manufacturing IT spending was valued at $15.0 bln in 2005 and is expected to reach $22.0 bln in 2010 at a CAGR of 7.7%. The top three sub-industry segments within APEJ in terms of IT expenditure are high-tech, automotive, and chemical, IDC says.