"This is an opportunity to showcase Chinese talents in the leading edge, hi-tech areas of both hydrodynamics and aeronautics.
Koronias appeared to confirm those suspicions, telling the parliamentary committee that the surveillance system required people with expertise in a number of hi-tech areas 'as well as plenty of money'.
Expert commentators have already warned that the Department for Business, Innovation and Skills's (BIS) core science budget for universities and research councils will not keep pace with inflation, resulting in a real-terms cut in spending, especially as inflation in these hi-tech areas is often higher than the average.
Functional elastomer nanocomposites have found numerous applications in diverse hi-tech areas.
"There is a big demand for qualified workers, particularly in more hi-tech areas.
As a conducting polymer, polyaniline [PANI] has attracted much attention in recent years due to its potential applications in various hi-tech areas, for example, electrochemical displays, sensors, catalysis, capacitors, anti-corrosion coatings, electromagnetic shielding, and secondary batteries [1, 2].
"In the US, particularly in the hi-tech area, people do fail, and that's not a stigma in the same way [as in the UK].
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The company also sold part of its holdings in Verint, netting $80 million, and sold for $27 million land in the hi-tech area of Ra'anana, north of Tel Aviv, where it had been planning to build a new headquarters.
Mr. Bowles said it was difficult to tally just how many people work in the city's tech areas, but he said it was clear that the number had been growing at a "phenomenal clip".
"A BMW has more software than the space shuttle," says Manfred Broy, a professor of information technology at TUM. Germany is in pole position in several fast-growing "green tech" areas, including renewable energy and automotive efficiency.
