Technology in Hungary is steadily growing. There are Hungarian services available on the Internet in their native language and in English. Hungary has 39 television broadcast stations and 47 radio stations. The Hungarian market is very PC oriented, dealing mostly with personal computers and printers. There are 15 computer technology companies in Hungary. Albacomp, Compaq, and IBM are at the top of the list. Microsoft is a leading producer of software used due to heavy use of personal computers. Media is very accessible to the people of Hungary due to their many TV and radio stations. There is one television per 2.5 people in Hungary.
In sum, given the strength of the economy, which is projected to continue, recent international financial disturbances exercised only temporary downward pressure on the currency. This occurrence highlighted the necessity for both fiscal and monitory authorities to be clear in communication with their actor in the market. Never the less, changes need to be radical, rather efforts need to concentrate on improving cooperation between actors within the system, increasing accountability and clarifying responsibilities while realizing incentives with public policy objectives.
Nintendo the company:
Nintendo Co. of Kyoto, Japan, is the acknowledged worldwide leader in the creation of interactive entertainment. Nintendo has sold more than one billion video games worldwide, creating such industry icons as Mario and Donkey Kong and franchise like The Legend of Zelda and Pokemon.
As a wholly owned subsidiary, Nintendo of America Inc. based in Redmond, Washington, serves as headquarters for Nintendo?s operations in the Western Hemisphere, where more than 40 percent of American households own a Nintendo game system.
Company History:
In 1889, Fusajiro Yamauchi, great-grandfather of the current president, began manufacturing ?Hanafuda,? Japanese playing cards in Kyoto. Later on they established an unlimited partnership, Yamauchi Nintendo & Co. and began a distribution company in Japan. In 1959 the company started selling cards printed with Walt Disney characters, opening a new market in children?s playing cards. Then they changed the company name to Nintendo Co. Ltd. and started manufacturing games in addition to playing cards. They made games until they made the games we know and love today like Nintendo 64, Game Boy and Super NES.
The Next Generation:
As we head toward the new millennium, the development of Nintendo?s newest video game console is well underway. This Next Generation system will be second to none. Nintendo is teaming up with widely respected leaders to enhance the interactive entertainment experience. The industry?s foremost 3D designers from U.S. based ArtX will contribute the graphics chip. Engineers at IBM will deliver unparrallel, propriet