Tech sector grows

The country's technology sector has seen rapid growth over the past year, with revenue and exports up 9% on the year earlier.

The Technology Investment Network's annual report on the top 200 tech companies indicates the sector grew nine times faster than the rest of economy, with total revenue of $15.11 billion, representing a gain of $1.25 billion.

The tech sector earned 76% of its revenue overseas, generating $11.5 billion in exports, or 14% of New Zealand's total, second only to the dairy sector.