Facing biggest slump since 2002, Silicon Valley firms eye India

Facing biggest slump since 2002, Silicon Valley firms eye India

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WASHINGTON - With major companies in the Silicon Valley suffering the biggest slump since the dot-com bust, some firms are eyeing India and China to recover from the effects of a global economic meltdown.

The total market capitalisation of the leading technology hub’s 150 biggest public companies plunged 32 percent to about $850 billion for the [...]

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