European industry in decline. The European high-technology industry is in decline, according to a study published by the consultancy firm AT Kearney. Although purchases by European businesses and consumers still represent 24% of global expenditure in this area, Europe now has just 15 companies out of the top 100 high-tech firms in the world, and these now represent just 10% of the global turnover of the high-tech industry. It is mainly IT services companies saving the day, but in all other...