FACTBOX-Reuters Summit-Top quotes from TMT summit executives
(For other news from the Reuters Global Technology, Media and Telecoms Summit, click here )
May 20 (Reuters) - Reuters has invited executives from the world of technology, media and telecoms to talk about their businesses and issues surrounding their industries.
Here is a selection of quotations taken from the event, which is being held in Paris, New York and Tokyo:
HAMID AKHAVAN, CEO OF T-MOBILE (DTEGn.DE)
On what stock markets value:
"The stock markets, the financial markets, overproportionally reward growth. Growth to them is the sexiest thing on Earth. We can produce truckloads of cash -- it's unexciting."
PAUL HERMELIN, CEO OF CAPGEMINI (CAPP.PA)
On his top stock picks:
"The strange thing is, I have used my stock options to buy only stocks in the group so the only stocks I know are stocks of Capgemini ... My wife says I'm a very poor investor but I don't spend time on that."
JEAN-FRANCOIS DECAUX, CO-CEO OF JCDECAUX (JCDX.PA)
On the growth of billboard advertising:
"It's one big market, the advertising market, and we are all fishing in the same pond, so it would be wrong to say that we are not losing any dollar to the Internet. But I think we are losing much less and we benefit from the Internet because the Internet is fragmenting the advertising market.
"There's a huge battle for what I would call the living room -- the battle in the living room and the battle in the bedroom for basically catching your eyeballs or your children's eyeballs -- and as soon as you leave your home and your children leave your home, they are basically facing our panels."
MAURICE LEVY, CEO OF PUBLICIS (PUBP.PA)
On WPP following Publicis's tie-up with Google with its own deal with Yahoo:
"If our strategy's right, it is followed; if our strategy's wrong, it is also followed. So at least we can say that we are leading strategically on that aspect."
YOICHI WADA, PRESIDENT OF SQUARE ENIX (9684.T)
On the future of media companies:
"With the advent of the Internet, the content industries are becoming one industry, with no fence separating one from the other, or no national boundaries. Although local taste will not disappear, since this is entertainment we are talking about."
KIN WAH LOH, CHIEF EXECUTIVE OF QIMONDA QI.N
On the market for dynamic random access memory (DRAM) computer chips:
"Good news is that chip prices are going up. Good news is that there is a balance between supply and demand. Bad news is that it's not enough for us to make sufficient money."
On rival Samsung Electronics (005930.KS)
"They go about town saying how big and mighty they are. They are very successful and nobody's denying that. However, they dominated the DRAM industry and now they are down to 25 percent."
PETER CHOU, CEO OF HIGH TECH COMPUTER (2498.TW)
On touch screen phones:
"We are focusing tremendously trying to make the Internet -- zooming, viewing, navigation -- so simple. Just one touch, as simple as making phone calls. We can give you that kind of experience very soon."
(For summit blog: summitnotebook.reuters.com/)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints



Follow Reuters