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Nanotechnology
Modernization of networks globally is giving rise to new product cycles. Increase in dividends, share buybacks, and growth through acquisitions are together contributing to the development of
the IT sector. Nanotechnology, in particular, will take the Information Technology sector to new heights in 2007.

Production of new materials having new characteristics is the hallmark of innovations in the area of nanotechnology. This technology has been the main working principle behind many an invention in IT and ITeS.
A few major developments that became possible in IT and ITeS with the help of nanotechnology are:
  • a.The semi-conductor revolution: Nanotechnology can be used in the production of more flexible and flat computer and television screens.
  • b.High-end mobile phones: Mobile screens will have big, lighter, collapsible screens even with the utilization of less energy.
  • c.Memory space for data storage devices can be increased manifold using this technology.
The future of nanotechnology lies with the companies which focus exclusively on this field and regularly produce nanotechnology products. Technology players like Nokia, HP, IBM, Canon, Toshiba, and TSMC can excel in nanotechnology only if they penetrate the existing market. For this, they need to invest more effort and money in Research & Development.

The market potential for nanotechnology products is still untapped, as the demand for video recorder, PC, mobile phones, and Internet related products is at an ever time high. Nowadays, customers prefer flat screens to cathode ray tube screens for their PCs and televisions. There was no major development in this sector for the past 5 years. But this year, nanotechnology sector will perform better and it will witness a remarkable growth.