No.1 in Battery Industry for 1,000-time Rechargeability and 4.4-time longer usability
SANYO (Thailand) Co., Ltd., would like to introduce the latest “eneloop” rechargeable battery pack, which comes in 8 stylish colors : purple, pink, orange, yellow, light green, green, light blue, and blue. The batteries can be used immediately right out of the pack without charge needed. The “eneloop” helps camera to take more pictures than conventional battery for 4.4 times. It is eco-friendly with 1,000-time rechargeability. Electricity can be kept for 2 years without use.
Above all, SANYO has also launch a cute dog-shaped battery checker, “eneloopy”, which can be simply used. By setting a battery in the dog’s body and pressing the switch on the chest, the LED on the nose indicates the remaining battery level using 4 different colors: green, orange, red, and light off. It is suitable to be taken long with user in order to help camera in any unmissable moments.
The latest “eneloop” innovation by SANYO is now available. An “eneloop” rechargeable battery pack is priced 1,990 Baht. The “eneloopy”, bundled with 2 AA-sized batteries, is priced 990 Baht.
Tuesday, February 16, 2010
Sunday, February 7, 2010
TANDBERG First to Demonstrate Immersive Three-Screen Telepresence Interoperability with Cisco TelePresence
TANDBERG Total Telepresence solution delivers additional immersive third-party telepresence interoperability capabilities for expanded company-to-company collaboration.
TANDBERG (OSLO: TAA.OL) announced it has successfully demonstrated telepresence interoperability between TANDBERG Telepresence and the Cisco CTS 3000. This demonstration, the first of its kind, was enabled by integrating Cisco's new Telepresence Interoperability Protocol (TIP) into the award-winning TANDBERG Telepresence Server. With this integration, TANDBERG now adds Cisco TelePresence solutions to the list of third-party telepresence solutions it can seamlessly interoperate with while maintaining the three-screen, high-definition telepresence experience.
"As we build a global video community, it is imperative that organizations are not locked in by technology," said Fredrik Halvorsen, TANDBERG CEO. "Our Total Telepresence solution is interoperable with a broad range of third-party solutions, including those from Polycom and Microsoft. We are very happy to now deliver even greater value to our customers by bringing participants on TANDBERG Telepresence and Cisco TelePresence together with an immersive, three-screen experience. Today's demonstration reflects TANDBERG's continued commitment to open standards, providing scalable solutions and protecting our customers' video investments for the future."
According to Frost & Sullivan, although many companies initially think of telepresence as a substitute for the corporate jet, the technology holds even more value when it can seamlessly link to other video conferencing solutions - within and outside of an organization - to ensure all necessary participants can attend any meeting. TANDBERG customers have seen the exponential value of interoperability between third-party telepresence and video conferencing for company-to-company collaboration while maintaining the best experience possible. TANDBERG is consistently the first to deliver the most advanced interoperability solutions to the market, demonstrated by:
* TANDBERG first to demonstrate a multi-screen, high-definition telepresence call with Cisco TelePresence CTS 3000 (see video).
* TANDBERG first to deliver a telepresence solution that can interoperate with third-party telepresence systems while maintaining the immersive telepresence experience.
* TANDBERG first to enable high definition video between Microsoft Office Communicator and immersive multi-screen telepresence.
* TANDBERG first to deliver a complete portfolio of HD telepresence and video conferencing solutions that can interoperate with any other standards compliant systems both within an organization and company-to-company.
Interoperability with Cisco CTS 3000 and other Cisco systems will be available through a software upgrade to the TANDBERG Telepresence Server later this year. For more information about the TANDBERG Total Telepresence solution, visit http://www.tandberg.com or call or contact moreinfo@TANDBERG.com .
About TANDBERG
TANDBERG is the leading global provider of telepresence, high-definition video conferencing and mobile video products and services with dual headquarters in New York and Norway. TANDBERG designs, develops and markets systems and software for video, voice and data. The company provides sales, support and value-added services in more than 90 countries worldwide. TANDBERG is publicly traded on the Oslo Stock Exchange under the ticker TAA.OL. Please visit http://www.tandberg.com for more information.
TANDBERG is a trademark or registered trademark in the U.S. and other countries. All other product and company names here in may be trademarks of their respective owners.
TANDBERG (OSLO: TAA.OL) announced it has successfully demonstrated telepresence interoperability between TANDBERG Telepresence and the Cisco CTS 3000. This demonstration, the first of its kind, was enabled by integrating Cisco's new Telepresence Interoperability Protocol (TIP) into the award-winning TANDBERG Telepresence Server. With this integration, TANDBERG now adds Cisco TelePresence solutions to the list of third-party telepresence solutions it can seamlessly interoperate with while maintaining the three-screen, high-definition telepresence experience.
"As we build a global video community, it is imperative that organizations are not locked in by technology," said Fredrik Halvorsen, TANDBERG CEO. "Our Total Telepresence solution is interoperable with a broad range of third-party solutions, including those from Polycom and Microsoft. We are very happy to now deliver even greater value to our customers by bringing participants on TANDBERG Telepresence and Cisco TelePresence together with an immersive, three-screen experience. Today's demonstration reflects TANDBERG's continued commitment to open standards, providing scalable solutions and protecting our customers' video investments for the future."
According to Frost & Sullivan, although many companies initially think of telepresence as a substitute for the corporate jet, the technology holds even more value when it can seamlessly link to other video conferencing solutions - within and outside of an organization - to ensure all necessary participants can attend any meeting. TANDBERG customers have seen the exponential value of interoperability between third-party telepresence and video conferencing for company-to-company collaboration while maintaining the best experience possible. TANDBERG is consistently the first to deliver the most advanced interoperability solutions to the market, demonstrated by:
* TANDBERG first to demonstrate a multi-screen, high-definition telepresence call with Cisco TelePresence CTS 3000 (see video).
* TANDBERG first to deliver a telepresence solution that can interoperate with third-party telepresence systems while maintaining the immersive telepresence experience.
* TANDBERG first to enable high definition video between Microsoft Office Communicator and immersive multi-screen telepresence.
* TANDBERG first to deliver a complete portfolio of HD telepresence and video conferencing solutions that can interoperate with any other standards compliant systems both within an organization and company-to-company.
Interoperability with Cisco CTS 3000 and other Cisco systems will be available through a software upgrade to the TANDBERG Telepresence Server later this year. For more information about the TANDBERG Total Telepresence solution, visit http://www.tandberg.com or call or contact moreinfo@TANDBERG.com .
About TANDBERG
TANDBERG is the leading global provider of telepresence, high-definition video conferencing and mobile video products and services with dual headquarters in New York and Norway. TANDBERG designs, develops and markets systems and software for video, voice and data. The company provides sales, support and value-added services in more than 90 countries worldwide. TANDBERG is publicly traded on the Oslo Stock Exchange under the ticker TAA.OL. Please visit http://www.tandberg.com for more information.
TANDBERG is a trademark or registered trademark in the U.S. and other countries. All other product and company names here in may be trademarks of their respective owners.
Saturday, January 30, 2010
Top IT/Storage Investment Priorities for 2010
While global economic recovery is still uncertain looking ahead to 2010, the growth rate of storage and the demand on storage infrastructures continue to intensify. Therefore, IT departments are tasked with staying ahead of the exponential growth of data in the enterprise. IT professionals are operating their businesses with very limited existing capital, making it difficult for them to acquire new technologies. Instead of continuing to add more storage systems, capital or operational investments must be maximized to the fullest extent and be more cost-effective and sustainable.
Below are some of the most critical investment priorities for IT professionals in 2010 according to Hitachi Data Systems:
Data Center Virtualization: Virtualization is a critical enabler of the dynamic data center of tomorrow. Data center virtualization presents many benefits, but also presents new challenges. Overall power consumption will be lower, but highly variable. There will be fewer servers, but each one will be more critical and will place a higher demand on storage resources than ever before. Applications can be dynamically reallocated at will, and the support infrastructure must be able to do the same. The data center footprint will be smaller, but overall efficiency might still be suboptimal. The good news is that there are practical and affordable ways to address these challenges and improve data center efficiency in the process.
As more workloads are virtualized onto multi-core processors and network bandwidths increase to 8 Gbps on FC and 10 Gbps on Ethernet, the strain on the underlying storage infrastructure increases from both a capacity and a performance standpoint. It’s important that the storage infrastructure supporting the virtualized environment can scale up and out depending on performance and capacity requirements. A scale up storage system that can add more processing power, access ports, cache, and disk spindles for wide striping performance to meet the peak requirements of large server virtualizations. Scale out is required to lower the cost and disruption of adding new capacity or upgrading to new technologies. In 2009, we have seen the trend towards lower cost modular storage that scales out, through loosely loose coupling around a switch technology like Ethernet or RapidIO. The shortcoming of scale-out modular storage is the inability to scale up. In 2010, we expect to see demand for storage systems that both have the ability to scale-up as well as scale-out out in order to meet the increasing demands of faster networks, processors, and virtual operating systems such as, VMware and Hyper V.
Cloud Storage: Cloud computing is often used as a metaphor for the Internet. Cloud storage serves to mask the complexity of the IT infrastructure and enables access to storage capacity as “a pay as you grow” service. The cloud will continue to grow in awareness into 2010, with a continued focus by private cloud builders and public cloud service providers on elasticity, reliability, multi-tenancy and security. Key to the success of cloud providers, as with the dot.com services providers of earlier days, will be the ability to leverage their resources and be more efficient in managing the growth of storage compared to their end users. Storage virtualization and the ability to dynamically scale up and scale out will be key drivers to adoption. We expect an increasing adoption of cloud storage as advancements are made on key capabilities such as, security, multi-tenancy, and payment models.
Automated Tiered Storage: As the difference in price and performance widens, with the introduction of Flash drives and TB SATA disks, the adoption of tiering becomes more attractive. The addition of automated tiered storage management eliminates the enormous staff overhead associated with moving and copying data minimizes the cost of expensive disk drives, leverages lower cost storage for inactive data and copies, and optimizes the use of high performance Tier 1 storage. Many IT organizations are moving towards tiered storage management automation that is policy-based to achieve economic efficiency while maintaining service level objectives for the business. Combining automated tiered storage management with storage virtualization and dynamic, thin provisioning will provide the greatest reduction in capital and operational costs.
Managed Services: Managing data storage infrastructure requires experienced and costly full time staff. At one time, a pool of in-house resources was available to manage these routine functions, but not anymore. In today’s IT organizations, provisioning for new apps or SAN performance reporting are now being managed through remote managed services. As this demand grows, expect new service offerings to be adopted as an efficient and cost effective alternative for fully managed, 24/7 real time storage expertise where resource skill sets gap or head count constraints exist. Utilizing services also eliminates the need to pull experienced staff away from revenue generating projects for critical, yet administrative tasks.
Sustainable IT: IT agendas are already full, especially given the added burdens imposed by the downturn. But executives and managers should be wary of using this as an excuse to delay engaging with top management on the sustainability initiatives. Sustainable IT practices offer significant opportunities for creating value and competitive advantage. 2010 will see greater rationalization of green IT projects. IT managers face internal competition for limited investment available, and will find that green IT projects are gaining more support from corporate programs. There will also be a new role within IT organizations – the Sustainable IT manager – responsible for identifying and managing Green IT programs. In addition, data center managers are likely to start putting greater focus on power consumption. With closer scrutiny on energy measurements, more IT managers will ensure the appropriate procedures are in place for documenting power consumption. At a technical level, this will result in increased focus on server, storage, and data center virtualization as well as cloud.
Security: IT managers must strike a balance between mitigating security risks and delivering the best infrastructures in terms of throughput, availability, scalability, cost and complexity. Each organization must make its own trade-off decisions based on its unique situation (e.g., deployed infrastructure, legal and regulatory requirements, and due care expectations) and the importance of its data. IT managers planning storage investments or use of third party services in 2010 will need to take into account key priorities including data confidentiality, privacy, sanitization/eradication and security.
Ethernet Convergence in the Data Center (FCOE/DCIB): The industry is moving to a dynamic infrastructure networking model that has highly utilized servers running many VMs per server and uses high bandwidth links to communicate with virtual storage and virtual networks. Over time, this technology has the potential to:
- Lower capital expenses through higher server, storage and network utilization and converged fabrics (which means less cabling and consolidation of HBAs and NICs.)
- Lower operational expenses through higher utilization of data center real estate
- Lower power consumption.
Adoption on the server side with FCoE to the switch will be first as the price for CNA’s and 10 Gbps infrastructure decreases. We expect to see adoption on the storage side of the switch pick up as additional industry standards are formed to enable multi-pathing and network decongestion. There is also a huge investment in Fibre Chanel (FC) infrastructure which will be transitioning to 8 Gbps FC. Since transition to 8 Gbps FC is less disruptive than the transition to 10 Gbps FCoE, the adoption of FCoE on the storage side, we expect may take longer before being widely adopted.
Improved Performance with Flash-based Drives or SSD: While flash-based drives are considered cost-prohibitive compared to traditional hard disk drives, they do offer advantages in performance – specifically very low latency and very fast I/Os -- and have the added advantage of superior energy efficiency. Expect to see more flash-based technologies integrated into solutions portfolios as customer awareness and potential demand grows, but adopters should look for the added security of data encryption capabilities at the SSD drive level before moving forward.
Content Archive Platform Continued Growth: IDC estimates that content data will be the fastest growth area of data with a compounded annual growth rate of 121%. This is not hard to imagine since this is the data that accumulates year after year. In addition to content data, as much as 60 to 80% of structured and unstructured data in a data center may be stale data that could be moved to a content archive to reduce the working set of data that needs to be managed on a daily basis. While content data is the fastest growing data type, it may be the easiest to manage due to its static nature. Once it is ingested in a content archive platform there is no need to back it up as long as you have at least two copies and its life cycle can be managed automatically. When it is ingested it can be indexed so that it can be directly accessed, compressed, de-duped and stored on low cost large capacity disks, while also being encrypted to ensure privacy. Since this is the fastest growing type of data, a content platform must be able to scale to tens of Petabytes and be able to support multiple data formats, and we expect to see growing demand for Content Archive Platforms that meet these requirements.
Greater adoption of dynamic (thin) provisioning: The single greatest tool for reducing operational costs is dynamic (thin) provisioning. Thin provisioning can:
- Eliminate the waste of allocated unused space
- Reduce the cost of moving and copying fat volumes by eliminating unused space
- Reclaim up to 40% or more capacity from existing fat volumes
- Reduce the provisioning of storage from hours to minutes
- Facilitates wide striping to increase performance by spreading the I/O across more disk spindles
Given all of these advantages, we expect dynamic (thin) provisioning technology to be a top investment priority for customers with capabilities such as, zero page reclaim, dynamic rebalance of storage pools as capacity is added, multi-vendor storage support – while also boosting performance.
Below are some of the most critical investment priorities for IT professionals in 2010 according to Hitachi Data Systems:
Data Center Virtualization: Virtualization is a critical enabler of the dynamic data center of tomorrow. Data center virtualization presents many benefits, but also presents new challenges. Overall power consumption will be lower, but highly variable. There will be fewer servers, but each one will be more critical and will place a higher demand on storage resources than ever before. Applications can be dynamically reallocated at will, and the support infrastructure must be able to do the same. The data center footprint will be smaller, but overall efficiency might still be suboptimal. The good news is that there are practical and affordable ways to address these challenges and improve data center efficiency in the process.
As more workloads are virtualized onto multi-core processors and network bandwidths increase to 8 Gbps on FC and 10 Gbps on Ethernet, the strain on the underlying storage infrastructure increases from both a capacity and a performance standpoint. It’s important that the storage infrastructure supporting the virtualized environment can scale up and out depending on performance and capacity requirements. A scale up storage system that can add more processing power, access ports, cache, and disk spindles for wide striping performance to meet the peak requirements of large server virtualizations. Scale out is required to lower the cost and disruption of adding new capacity or upgrading to new technologies. In 2009, we have seen the trend towards lower cost modular storage that scales out, through loosely loose coupling around a switch technology like Ethernet or RapidIO. The shortcoming of scale-out modular storage is the inability to scale up. In 2010, we expect to see demand for storage systems that both have the ability to scale-up as well as scale-out out in order to meet the increasing demands of faster networks, processors, and virtual operating systems such as, VMware and Hyper V.
Cloud Storage: Cloud computing is often used as a metaphor for the Internet. Cloud storage serves to mask the complexity of the IT infrastructure and enables access to storage capacity as “a pay as you grow” service. The cloud will continue to grow in awareness into 2010, with a continued focus by private cloud builders and public cloud service providers on elasticity, reliability, multi-tenancy and security. Key to the success of cloud providers, as with the dot.com services providers of earlier days, will be the ability to leverage their resources and be more efficient in managing the growth of storage compared to their end users. Storage virtualization and the ability to dynamically scale up and scale out will be key drivers to adoption. We expect an increasing adoption of cloud storage as advancements are made on key capabilities such as, security, multi-tenancy, and payment models.
Automated Tiered Storage: As the difference in price and performance widens, with the introduction of Flash drives and TB SATA disks, the adoption of tiering becomes more attractive. The addition of automated tiered storage management eliminates the enormous staff overhead associated with moving and copying data minimizes the cost of expensive disk drives, leverages lower cost storage for inactive data and copies, and optimizes the use of high performance Tier 1 storage. Many IT organizations are moving towards tiered storage management automation that is policy-based to achieve economic efficiency while maintaining service level objectives for the business. Combining automated tiered storage management with storage virtualization and dynamic, thin provisioning will provide the greatest reduction in capital and operational costs.
Managed Services: Managing data storage infrastructure requires experienced and costly full time staff. At one time, a pool of in-house resources was available to manage these routine functions, but not anymore. In today’s IT organizations, provisioning for new apps or SAN performance reporting are now being managed through remote managed services. As this demand grows, expect new service offerings to be adopted as an efficient and cost effective alternative for fully managed, 24/7 real time storage expertise where resource skill sets gap or head count constraints exist. Utilizing services also eliminates the need to pull experienced staff away from revenue generating projects for critical, yet administrative tasks.
Sustainable IT: IT agendas are already full, especially given the added burdens imposed by the downturn. But executives and managers should be wary of using this as an excuse to delay engaging with top management on the sustainability initiatives. Sustainable IT practices offer significant opportunities for creating value and competitive advantage. 2010 will see greater rationalization of green IT projects. IT managers face internal competition for limited investment available, and will find that green IT projects are gaining more support from corporate programs. There will also be a new role within IT organizations – the Sustainable IT manager – responsible for identifying and managing Green IT programs. In addition, data center managers are likely to start putting greater focus on power consumption. With closer scrutiny on energy measurements, more IT managers will ensure the appropriate procedures are in place for documenting power consumption. At a technical level, this will result in increased focus on server, storage, and data center virtualization as well as cloud.
Security: IT managers must strike a balance between mitigating security risks and delivering the best infrastructures in terms of throughput, availability, scalability, cost and complexity. Each organization must make its own trade-off decisions based on its unique situation (e.g., deployed infrastructure, legal and regulatory requirements, and due care expectations) and the importance of its data. IT managers planning storage investments or use of third party services in 2010 will need to take into account key priorities including data confidentiality, privacy, sanitization/eradication and security.
Ethernet Convergence in the Data Center (FCOE/DCIB): The industry is moving to a dynamic infrastructure networking model that has highly utilized servers running many VMs per server and uses high bandwidth links to communicate with virtual storage and virtual networks. Over time, this technology has the potential to:
- Lower capital expenses through higher server, storage and network utilization and converged fabrics (which means less cabling and consolidation of HBAs and NICs.)
- Lower operational expenses through higher utilization of data center real estate
- Lower power consumption.
Adoption on the server side with FCoE to the switch will be first as the price for CNA’s and 10 Gbps infrastructure decreases. We expect to see adoption on the storage side of the switch pick up as additional industry standards are formed to enable multi-pathing and network decongestion. There is also a huge investment in Fibre Chanel (FC) infrastructure which will be transitioning to 8 Gbps FC. Since transition to 8 Gbps FC is less disruptive than the transition to 10 Gbps FCoE, the adoption of FCoE on the storage side, we expect may take longer before being widely adopted.
Improved Performance with Flash-based Drives or SSD: While flash-based drives are considered cost-prohibitive compared to traditional hard disk drives, they do offer advantages in performance – specifically very low latency and very fast I/Os -- and have the added advantage of superior energy efficiency. Expect to see more flash-based technologies integrated into solutions portfolios as customer awareness and potential demand grows, but adopters should look for the added security of data encryption capabilities at the SSD drive level before moving forward.
Content Archive Platform Continued Growth: IDC estimates that content data will be the fastest growth area of data with a compounded annual growth rate of 121%. This is not hard to imagine since this is the data that accumulates year after year. In addition to content data, as much as 60 to 80% of structured and unstructured data in a data center may be stale data that could be moved to a content archive to reduce the working set of data that needs to be managed on a daily basis. While content data is the fastest growing data type, it may be the easiest to manage due to its static nature. Once it is ingested in a content archive platform there is no need to back it up as long as you have at least two copies and its life cycle can be managed automatically. When it is ingested it can be indexed so that it can be directly accessed, compressed, de-duped and stored on low cost large capacity disks, while also being encrypted to ensure privacy. Since this is the fastest growing type of data, a content platform must be able to scale to tens of Petabytes and be able to support multiple data formats, and we expect to see growing demand for Content Archive Platforms that meet these requirements.
Greater adoption of dynamic (thin) provisioning: The single greatest tool for reducing operational costs is dynamic (thin) provisioning. Thin provisioning can:
- Eliminate the waste of allocated unused space
- Reduce the cost of moving and copying fat volumes by eliminating unused space
- Reclaim up to 40% or more capacity from existing fat volumes
- Reduce the provisioning of storage from hours to minutes
- Facilitates wide striping to increase performance by spreading the I/O across more disk spindles
Given all of these advantages, we expect dynamic (thin) provisioning technology to be a top investment priority for customers with capabilities such as, zero page reclaim, dynamic rebalance of storage pools as capacity is added, multi-vendor storage support – while also boosting performance.
Wednesday, December 16, 2009
Supercharge Your iPhone With icloud and 100 GB Storage
icloud, the Online Computer, Today Rolls Out icloud Premium -- a Massive 100 GB of Secure Cloud Storage for Only $39.99 / Year
Everybody Can Now Access All Their Content Anytime and Anywhere
icloud Basic With 3 GB is Available for Free, and Open for Sign-Ups at http://icloud.com
Today's launch of icloud Premium and the 100 GB Super Drive will greatly extend all the amazing capabilities of icloud to the iPhone. The new premium service lets everyone store, access and easily share files through any smart phone or browser. It gives you 100 GB of storage right in your pocket. You will never again feel that you have forgotten to bring important files with you. icloud securely stores files like music, photos, videos, documents, and provides a full management interface and virtual desktop through a browser to organize and share all your content.
icloud launch movie: http://www.youtube.com/watch?v=ZQgdceh66EQ
Daniel Arthursson, icloud's Founder and CEO, says, "Having 100 GB directly accessible in your pocket through an iPhone or smartphone will definitely change how we use and interact with data. With the massive storage of the icloud Super Drive, everything will always be accessible, no need to bring your computer to do a quick PowerPoint presentation, just present it straight out of the cloud."
Facts about the icloud online computer:
* Secure cloud storage with backup accessible from any computer,
iPhone, Android or Windows Mobile phone
* Free basic version includes 50 applications like Office, Mail,
Music, Video, Instant Messaging and Games
* icloud Premium with 100 GB Super Drive now available for $39.99/year
* Community (my.icloud.com) and email @icloud.com
* Zero installation, runs within browsers
* Available worldwide in 26 languages and used in 170 countries
About icloud
Founded in 2001 by Daniel Arthursson, Xcerion provides the free icloud.com service, the world's leading "Cloud OS", a groundbreaking technology with 22 pending patents. Developers have API and tools to build their own cloud applications.
Xcerion is based in Sweden, privately held and funded by Northzone Ventures. Investors include Lou Perazzoli, architect of Windows NT and former Manager Microsoft Core OS and John Connors former CFO Microsoft. Xcerion is a Red Herring Global 100 winner.
Everybody Can Now Access All Their Content Anytime and Anywhere
icloud Basic With 3 GB is Available for Free, and Open for Sign-Ups at http://icloud.com
Today's launch of icloud Premium and the 100 GB Super Drive will greatly extend all the amazing capabilities of icloud to the iPhone. The new premium service lets everyone store, access and easily share files through any smart phone or browser. It gives you 100 GB of storage right in your pocket. You will never again feel that you have forgotten to bring important files with you. icloud securely stores files like music, photos, videos, documents, and provides a full management interface and virtual desktop through a browser to organize and share all your content.
icloud launch movie: http://www.youtube.com/watch?v=ZQgdceh66EQ
Daniel Arthursson, icloud's Founder and CEO, says, "Having 100 GB directly accessible in your pocket through an iPhone or smartphone will definitely change how we use and interact with data. With the massive storage of the icloud Super Drive, everything will always be accessible, no need to bring your computer to do a quick PowerPoint presentation, just present it straight out of the cloud."
Facts about the icloud online computer:
* Secure cloud storage with backup accessible from any computer,
iPhone, Android or Windows Mobile phone
* Free basic version includes 50 applications like Office, Mail,
Music, Video, Instant Messaging and Games
* icloud Premium with 100 GB Super Drive now available for $39.99/year
* Community (my.icloud.com) and email @icloud.com
* Zero installation, runs within browsers
* Available worldwide in 26 languages and used in 170 countries
About icloud
Founded in 2001 by Daniel Arthursson, Xcerion provides the free icloud.com service, the world's leading "Cloud OS", a groundbreaking technology with 22 pending patents. Developers have API and tools to build their own cloud applications.
Xcerion is based in Sweden, privately held and funded by Northzone Ventures. Investors include Lou Perazzoli, architect of Windows NT and former Manager Microsoft Core OS and John Connors former CFO Microsoft. Xcerion is a Red Herring Global 100 winner.
Eurocopter inaugurates new maintenance center in Bangkok
Eurocopter announced today the inauguration of a new maintenance center in Thailand. Located near Suvarnabhumi International Airport, the center has received official certification from Thailand's Department of Civil Aviation (DCA).
Eurocopter South East Asia (ESEA), Eurocopter's subsidiary in Singapore, has made an initial major investment in the new center, covering new facilities, specialized tools and qualification training for personnel. Further investments may be on the horizon as the center's activities increase and this includes the possible hiring and training of local Thailand technicians.
"The inauguration of this maintenance center celebrates the latest link in the network that Eurocopter continues to build throughout Southeast Asia," declared Dr. Bernhard Brenner, president of ESEA. "We are continuously developing our service offer to satisfy our customers by providing them with products perfectly suited to their current needs."
The maintenance center, registered as Eurocopter Thailand Branch, is currently certified for the EC120, AS350, EC130, EC135 and EC155 helicopters. The main activities include helicopter maintenance and training for Thai pilots and technicians. A branch of Eurocopter South East Asia, this center has been set up since June 2009. Being the pioneer and sole helicopter manufacturer with facilities in Thailand (Bangkok), Eurocopter is capable to provide turnkey solution to local customers with prompt service and support.
The first customers to entrust their helicopters’ maintenance to Eurocopter Thailand Branch are the operator Advance Aviation, with their two EC130s and EC135 and the Royal Thai Police with their two EC155s. Royal Thai Police fleet will reach 5 EC155B1 end of 2010.
Eurocopter has been present in Thailand for nearly 20 years. Approximately thirty helicopters from Eurocopter's civil range are currently operating in Thailand.
About Eurocopter South East Asia
Eurocopter South East Asia (ESEA) is the Regional Headquarters of Eurocopter, the world’s leading helicopter manufacturer. Established in 1977 in Singapore, ESEA is in-charge of the sales and customer support activities of 14 territories in the region. In 2008, ESEA achieved a turnover of 85 million euros. With a staff-strength of nearly 200 professionals, the company has developed a successful commercial network of regional sales managers and technical representatives.
About Eurocopter
Established in 1992, the Franco-German-Spanish Eurocopter Group is a Division of EADS, a world leader in aerospace, defence and related services. The Eurocopter Group employs approx. 15,600 people. In 2008, Eurocopter confirmed its position as the world’s No. 1 helicopter manufacturer in the civil and parapublic market, with a turnover of 4.5 billion Euros, orders for 715 new helicopters, and a 53 percent market share in the civil and parapublic sectors. Overall, the Group’s products account for 30 percent of the total world helicopter fleet. Its strong worldwide presence is ensured by its 18 subsidiaries on five continents, along with a dense network of distributors, certified agents and maintenance centres. More than 10,000 Eurocopter helicopters are currently in service with over 2,800 customers in more than 140 countries. Eurocopter offers the largest civil and military helicopter range in the world.
Eurocopter South East Asia (ESEA), Eurocopter's subsidiary in Singapore, has made an initial major investment in the new center, covering new facilities, specialized tools and qualification training for personnel. Further investments may be on the horizon as the center's activities increase and this includes the possible hiring and training of local Thailand technicians.
"The inauguration of this maintenance center celebrates the latest link in the network that Eurocopter continues to build throughout Southeast Asia," declared Dr. Bernhard Brenner, president of ESEA. "We are continuously developing our service offer to satisfy our customers by providing them with products perfectly suited to their current needs."
The maintenance center, registered as Eurocopter Thailand Branch, is currently certified for the EC120, AS350, EC130, EC135 and EC155 helicopters. The main activities include helicopter maintenance and training for Thai pilots and technicians. A branch of Eurocopter South East Asia, this center has been set up since June 2009. Being the pioneer and sole helicopter manufacturer with facilities in Thailand (Bangkok), Eurocopter is capable to provide turnkey solution to local customers with prompt service and support.
The first customers to entrust their helicopters’ maintenance to Eurocopter Thailand Branch are the operator Advance Aviation, with their two EC130s and EC135 and the Royal Thai Police with their two EC155s. Royal Thai Police fleet will reach 5 EC155B1 end of 2010.
Eurocopter has been present in Thailand for nearly 20 years. Approximately thirty helicopters from Eurocopter's civil range are currently operating in Thailand.
About Eurocopter South East Asia
Eurocopter South East Asia (ESEA) is the Regional Headquarters of Eurocopter, the world’s leading helicopter manufacturer. Established in 1977 in Singapore, ESEA is in-charge of the sales and customer support activities of 14 territories in the region. In 2008, ESEA achieved a turnover of 85 million euros. With a staff-strength of nearly 200 professionals, the company has developed a successful commercial network of regional sales managers and technical representatives.
About Eurocopter
Established in 1992, the Franco-German-Spanish Eurocopter Group is a Division of EADS, a world leader in aerospace, defence and related services. The Eurocopter Group employs approx. 15,600 people. In 2008, Eurocopter confirmed its position as the world’s No. 1 helicopter manufacturer in the civil and parapublic market, with a turnover of 4.5 billion Euros, orders for 715 new helicopters, and a 53 percent market share in the civil and parapublic sectors. Overall, the Group’s products account for 30 percent of the total world helicopter fleet. Its strong worldwide presence is ensured by its 18 subsidiaries on five continents, along with a dense network of distributors, certified agents and maintenance centres. More than 10,000 Eurocopter helicopters are currently in service with over 2,800 customers in more than 140 countries. Eurocopter offers the largest civil and military helicopter range in the world.
TeliaSonera and Huawei Launch World’s Fastest Commercial Mobile Broadband Network with Huawei’s 4G/LTE Solutions
TeliaSonera and Huawei Launch World’s Fastest Commercial Mobile Broadband Network with Huawei’s 4G/LTE Solutions
Huawei, a leader in providing next-generation telecommunications network solutions for operators around the world, and TeliaSonera, the largest telecoms operator in Scandinavia and the Baltic countries, today jointly announced the deployment of the world’s first LTE commercial network in Oslo, Norway. These 4G services offer maximum speeds of up to 100 Mb/s and are approximately 10 times faster than existing 3G networks.
TeliaSonera’s customers will be the first in the world to enjoy simultaneous mobile broadband services such as high definition (HD) video conferencing in mobile environments and a variety of HD video programs via multiple terminal devices; applications that cannot be realized in current 3G networks.
Mr. Kenneth Karlberg, President and Head of Mobility Services TeliaSonera, said: “We are very proud to be the first operator in the world to offer our customers 4G services. Thanks to the successful cooperation with Huawei, we can offer 4G to our customers in Oslo earlier than originally planned.”
As a leading provider of end-to-end 4G/LTE solutions, Huawei delivered both network infrastructures and services to TeliaSonera, such as access network, core network, operation support system, and network planning and optimization. Its field proven fourth-generation base stations and SAE (System Architecture Evolution) solution ensure the stability of the network and enable fast deployment.
Yu Chengdong, President of Huawei Europe, said: “In partnership with TeliaSonera, Huawei began this journey eleven months ago to introduce the world’s most advanced mobile broadband technology to the residents of Oslo. This milestone, which was achieved in a short period of time, reflects Huawei’s unwavering commitment towards accelerating the commercialization of LTE/SAE solutions. Operators such as TeliaSonera, are now able to to fully realize economic benefits from the many new applications that can only be made possible with ultra broadband services.”
To date, Huawei has constructed over 25 LTE commercial and trial networks and has made more than 3,300 LTE/SAE contributions to 3GPP (3rd Generation Partnership Project).
About Huawei
Huawei is a leader in providing next generation telecommunications networks, and now serves 36 of the world’s top 50 operators, along with over one billion users worldwide. The company is committed to providing innovative and customized products, services and solutions to create long-term value and growth potential for its customers.
Huawei, a leader in providing next-generation telecommunications network solutions for operators around the world, and TeliaSonera, the largest telecoms operator in Scandinavia and the Baltic countries, today jointly announced the deployment of the world’s first LTE commercial network in Oslo, Norway. These 4G services offer maximum speeds of up to 100 Mb/s and are approximately 10 times faster than existing 3G networks.
TeliaSonera’s customers will be the first in the world to enjoy simultaneous mobile broadband services such as high definition (HD) video conferencing in mobile environments and a variety of HD video programs via multiple terminal devices; applications that cannot be realized in current 3G networks.
Mr. Kenneth Karlberg, President and Head of Mobility Services TeliaSonera, said: “We are very proud to be the first operator in the world to offer our customers 4G services. Thanks to the successful cooperation with Huawei, we can offer 4G to our customers in Oslo earlier than originally planned.”
As a leading provider of end-to-end 4G/LTE solutions, Huawei delivered both network infrastructures and services to TeliaSonera, such as access network, core network, operation support system, and network planning and optimization. Its field proven fourth-generation base stations and SAE (System Architecture Evolution) solution ensure the stability of the network and enable fast deployment.
Yu Chengdong, President of Huawei Europe, said: “In partnership with TeliaSonera, Huawei began this journey eleven months ago to introduce the world’s most advanced mobile broadband technology to the residents of Oslo. This milestone, which was achieved in a short period of time, reflects Huawei’s unwavering commitment towards accelerating the commercialization of LTE/SAE solutions. Operators such as TeliaSonera, are now able to to fully realize economic benefits from the many new applications that can only be made possible with ultra broadband services.”
To date, Huawei has constructed over 25 LTE commercial and trial networks and has made more than 3,300 LTE/SAE contributions to 3GPP (3rd Generation Partnership Project).
About Huawei
Huawei is a leader in providing next generation telecommunications networks, and now serves 36 of the world’s top 50 operators, along with over one billion users worldwide. The company is committed to providing innovative and customized products, services and solutions to create long-term value and growth potential for its customers.
Tuesday, December 15, 2009
Samsung Electronics Appoints New Executive Leadership in Major Organizational Realignment
Geesung Choi is Named CEO; C-Suite Strengthened with New Positions of COO and CFO; Businesses Divisions Empowered as Stand-Alone “Companies”
Samsung Electronics Co. Ltd., one of the world's leading technology companies, today appointed Geesung Choi as its new CEO, as part of an organizational restructuring aimed to increase operating efficiencies and strengthen the independence of the company's business divisions.
Samsung also enhanced its C-suite by appointing Jay Y. Lee to the newly created position of Chief Operating Officer and Ju-Hwa Yoon as Chief Financial Officer. Yoon-woo Lee, currently Vice Chairman and CEO, continues only as Chairman of the Board of Directors.
In order to establish greater autonomy at the operating level, Samsung also announced it will be adopting a “company system” in which each business unit is managed similarly to a stand-alone company. The new alignments, both organizationally and at the executive level, create a more focused and responsive business structure.
“Samsung has recovered well over the past year, thanks to Yoon-woo Lee's leadership and a measured response to the global financial crisis,” said Mr. Choi, the incoming CEO. "With this forward momentum, we believe now is the time for us to make these important organizational changes to prepare for the challenges and opportunities ahead."
Samsung's consolidated operating profit for the first nine months of this year has reached 7.22 trillion Korean won (US$6.08 billion as of end of September 30) on sales of 97.05 billion won (US$81.69 billion as of end of September 30). This compares with a full year 2008 consolidated operating profit of 6.03 trillion won (US$4.8 billion) on sales of 121.29 billion won (US$96.5 billion).
Strengthened C-Suite
Effective immediately, the heads of all Samsung Electronics business divisions report to Mr. Choi and the C-suite. The new C-suite provides a more unified and efficient management team, consistent with global business models, and reflecting the executive structures of many leading multinationals.
“Our renewed profitability enabled us to think long-term - to make sure we can continue leading the market,” Mr. Choi said. “As a result, we've strengthened the C-Suite and created a new executive position - the COO - to help expedite decision making, improve efficiency, and mediate between our business units, ensuring that they work well together in meeting our customers' needs.”
Specifics on the executive appointments announced today are:
- Geesung Choi, named President and CEO of Samsung Electronics; previously President and head of the company's Digital Media and Communications Business.
Previous positions held by Mr. Choi include President of the Telecommunications Networks Business, and President of the Digital Media Business.
- Jay Y. Lee, named to the newly-created position of Chief Operating Officer; was promoted to Executive Vice President from Senior Vice President.
Previous positions held by Mr. Lee include Chief Customer Officer and Vice President-Strategic Planning.
- Ju-Hwa Yoon, named Chief Financial Officer; previously President and head of the Corporate Auditing Team.
Previous positions held by Mr. Yoon include head of the Management Support Team.
Independent Company Organizational Structure
Samsung's new organizational structure enhances the independence of the company's business divisions. The new alignment introduces a "company system" in which each business unit is managed similarly to a stand-alone company, with its own President and CFO. Outside Korea, subsidiaries responsible for components such as semiconductors and LCD panels will continue to operate as fully independent entities separate from Samsung’s IT and consumer electronics subsidiaries.
Previously Samsung had 10 operating divisions organized into two principal businesses - Digital Media & Communications and Device Solutions. The reorganization today replaces the two-business structure with seven independent companies under a single corporate entity and unified C-suite.
While creating greater autonomy at the operating level, the benefits of the new structure also include reducing the company's decision-making hierarchy from three to two stages, and supporting stronger focus and speed of execution in business and investment strategy. Customers will gain from increased independence in decision-making and faster speed to market.
From the first quarter 2010, Samsung will also adopt the International Financial Reporting Standards (IFRS), global accounting principles established by the International Accounting Standards Board (IASB) and practiced by many global corporations.
About Samsung Electronics
Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2008 consolidated sales of US$96 billion. Employing approximately 164,600 people in 179 offices across 61 countries, the company is recognized as one of the fastest growing global brands. Samsung Electronics is a leading producer of digital TVs, memory chips, mobile phones and TFT-LCDs. For more information, please visit www.samsung.com.
Samsung Electronics Co. Ltd., one of the world's leading technology companies, today appointed Geesung Choi as its new CEO, as part of an organizational restructuring aimed to increase operating efficiencies and strengthen the independence of the company's business divisions.
Samsung also enhanced its C-suite by appointing Jay Y. Lee to the newly created position of Chief Operating Officer and Ju-Hwa Yoon as Chief Financial Officer. Yoon-woo Lee, currently Vice Chairman and CEO, continues only as Chairman of the Board of Directors.
In order to establish greater autonomy at the operating level, Samsung also announced it will be adopting a “company system” in which each business unit is managed similarly to a stand-alone company. The new alignments, both organizationally and at the executive level, create a more focused and responsive business structure.
“Samsung has recovered well over the past year, thanks to Yoon-woo Lee's leadership and a measured response to the global financial crisis,” said Mr. Choi, the incoming CEO. "With this forward momentum, we believe now is the time for us to make these important organizational changes to prepare for the challenges and opportunities ahead."
Samsung's consolidated operating profit for the first nine months of this year has reached 7.22 trillion Korean won (US$6.08 billion as of end of September 30) on sales of 97.05 billion won (US$81.69 billion as of end of September 30). This compares with a full year 2008 consolidated operating profit of 6.03 trillion won (US$4.8 billion) on sales of 121.29 billion won (US$96.5 billion).
Strengthened C-Suite
Effective immediately, the heads of all Samsung Electronics business divisions report to Mr. Choi and the C-suite. The new C-suite provides a more unified and efficient management team, consistent with global business models, and reflecting the executive structures of many leading multinationals.
“Our renewed profitability enabled us to think long-term - to make sure we can continue leading the market,” Mr. Choi said. “As a result, we've strengthened the C-Suite and created a new executive position - the COO - to help expedite decision making, improve efficiency, and mediate between our business units, ensuring that they work well together in meeting our customers' needs.”
Specifics on the executive appointments announced today are:
- Geesung Choi, named President and CEO of Samsung Electronics; previously President and head of the company's Digital Media and Communications Business.
Previous positions held by Mr. Choi include President of the Telecommunications Networks Business, and President of the Digital Media Business.
- Jay Y. Lee, named to the newly-created position of Chief Operating Officer; was promoted to Executive Vice President from Senior Vice President.
Previous positions held by Mr. Lee include Chief Customer Officer and Vice President-Strategic Planning.
- Ju-Hwa Yoon, named Chief Financial Officer; previously President and head of the Corporate Auditing Team.
Previous positions held by Mr. Yoon include head of the Management Support Team.
Independent Company Organizational Structure
Samsung's new organizational structure enhances the independence of the company's business divisions. The new alignment introduces a "company system" in which each business unit is managed similarly to a stand-alone company, with its own President and CFO. Outside Korea, subsidiaries responsible for components such as semiconductors and LCD panels will continue to operate as fully independent entities separate from Samsung’s IT and consumer electronics subsidiaries.
Previously Samsung had 10 operating divisions organized into two principal businesses - Digital Media & Communications and Device Solutions. The reorganization today replaces the two-business structure with seven independent companies under a single corporate entity and unified C-suite.
While creating greater autonomy at the operating level, the benefits of the new structure also include reducing the company's decision-making hierarchy from three to two stages, and supporting stronger focus and speed of execution in business and investment strategy. Customers will gain from increased independence in decision-making and faster speed to market.
From the first quarter 2010, Samsung will also adopt the International Financial Reporting Standards (IFRS), global accounting principles established by the International Accounting Standards Board (IASB) and practiced by many global corporations.
About Samsung Electronics
Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and digital convergence technologies with 2008 consolidated sales of US$96 billion. Employing approximately 164,600 people in 179 offices across 61 countries, the company is recognized as one of the fastest growing global brands. Samsung Electronics is a leading producer of digital TVs, memory chips, mobile phones and TFT-LCDs. For more information, please visit www.samsung.com.
Monday, December 7, 2009
Schneider Electric launches “Wiser Home Control”
Schneider Electric, the global specialist in energy management, launches “Wiser Home Control”, a truly integrated home control solution that interlinks the electrical, multimedia and telecommunications worlds to one user-friendly solution. It enables users to set programs to adapt to preferred living pattern for ease and quality of life; and control home equipment from anywhere and at anytime via 3G mobile phones or web-enabled devices by using fingertips allowing saved time, reduced repair and maintenance expense as well as efficient energy saving.
Mr. Stuart J. Thorogood (1st right), Schneider Electric Southeast Asia Senior Vice President, and Mr. Manish Pant (2nd left), Country President for Thailand, Schneider (Thailand) Ltd., recently joined forces with Habitat for Humanity Thailand to build home for underprivileged families in Nong Kon Kru Village in San Sai District, Chiang Mai Province under “Jimmy & Rosalynn Carter Work Project: Mekong Build 2009”.Schneider Electric was a Silver sponsor for the event and in addition to this the company also extended support by supplying power switches, sockets, and circuit breakers for all the 82 houses built under this project.
Mr. Manish Pant, Country President for Thailand and Laos, Schneider (Thailand) Ltd, the global specialist in energy management, strengthens its position in Thailand with the launch of a series of new environmentally-friendly and energy saving products for building management systems: “I-Line II Busway” and “Trihal Cast Resin Dry Type Transformer”. Both of these offers have undergone the global standard assurance tests by International Testing bodies, e.g. KEMA and strictly adhere to the IEC standards. The latest products are for building market, including hotels, offices and residential buildings and industrial market, in order to retain the company’s leading position in Electrical Distribution with high market share.
Mr. Stuart J. Thorogood (1st right), Schneider Electric Southeast Asia Senior Vice President, and Mr. Manish Pant (2nd left), Country President for Thailand, Schneider (Thailand) Ltd., recently joined forces with Habitat for Humanity Thailand to build home for underprivileged families in Nong Kon Kru Village in San Sai District, Chiang Mai Province under “Jimmy & Rosalynn Carter Work Project: Mekong Build 2009”.Schneider Electric was a Silver sponsor for the event and in addition to this the company also extended support by supplying power switches, sockets, and circuit breakers for all the 82 houses built under this project.
Mr. Manish Pant, Country President for Thailand and Laos, Schneider (Thailand) Ltd, the global specialist in energy management, strengthens its position in Thailand with the launch of a series of new environmentally-friendly and energy saving products for building management systems: “I-Line II Busway” and “Trihal Cast Resin Dry Type Transformer”. Both of these offers have undergone the global standard assurance tests by International Testing bodies, e.g. KEMA and strictly adhere to the IEC standards. The latest products are for building market, including hotels, offices and residential buildings and industrial market, in order to retain the company’s leading position in Electrical Distribution with high market share.
HomeWorks invests 800 million Baht to launch the first store “Thai Watsadu” to fit construction subcontractor market, ready to open early 2010.
“HomeWorks”, home products distributor under Central Retail Corporation Ltd. has invested 800 million Baht to launch its latest store “Thai Watsadu” with the concept “One-Stop-Shopping Construction Material Suppliers for Thai”, targeting to expand the construction subcontractors and tailor – made house owners base. The first branch is planed to open on Kanchanapisek Road, Bang Bua Thong on a 30 rai – land plot or 24,000 square meters which cover the west of Bangkok connecting to Nonthaburi and part of Supanburi, Nakhonprathom and Prathumthani.
President for CRC Power Retail Co., Ltd. and Power Buy Co., Ltd. Suthisarn Chirathivat stated “At present, construction material market has grown both in Bangkok and up country. As referring to the growth figures 2009, 0.8 -1.5 % increased while 7.3% in 2008. During the past five years, there is about 20% growth in this business. We have seen the opportunity to penetrate the customers especially in upcountry, which most stores run the business by traditional basis. Moreover, customer’s behaviors have changed they are more careful about construction budget and requiring more quality product under the standard pricing. Therefore, with our systematic management in product pricing, service, warranty and better -quality product, we are confident that “Thai Watsadu” is the best option.”
“Thai Watsadu” store layout is formatted to suit for customers: a one-story building with a high ceiling equipped with security & fire prevention system, the first store is built on energy saving basis. The strengthen of this format is “daily low price”, “variety of products”, “full inventory enough for customer’s demand”, “convenience and swift” and “instantly receive”.
Also, the company has released a member card “Thai Card” which provides customers a lot of benefits, for example, accumulative points, exclusive price, cash or gift redemption, including credit card payment and installment program.
“Thai Watsadu” is targeted to subcontractors of middle and small size, house owner, estate project manager and any other group such as government office and retail shop.
Regarding merchandise management, more than 100,000 SKU of leading brands are covering major categories of construction products, for example, frameworks like roof, column, beam, base work; architectural decoration like roofing materials, heat prevention, stairs, doors, windows; electricity system like wire, plugs, brakers, switchboard; plumping like water & waste pipe, water tap, valve, plumper and interior materials like shades, bath, kitchen, living room and general electronic appliances.
“PowerBuy”, Thailand’s leading electronic appliance retailer will operate all products at “Thai Watsadu”, bringing more than 3,000 SKU to their first store in Bang Bua Thong, total 1,000 square meters. At Bang Bua Thong, “Thai Watsdu” highlights “Audio & Visual”, “Home & Small Appliances”, and “Office Automation”. The store layout is designed under theme “warehouse” which, product stocks will be placed on the top of the shelves. Some product categories like AV are grouped by brand in order to give convenience for the customers.
Marketing concept of “Thai Watsadu” is Complement: Product complement total 100,000 SKU
Lower price : Daily low price. No need to wait for promotional seasons Good: Quality products with guarantee and customers are able to return and change At “Thai Watsadu” You can get everything
Suthisarn Chirathivat added “We targets income 80 million Baht per month and plan to expand more stores in Bangkok and 3-4 stores per year. By the last quarter of 2010, the second “Thai Watsadu” is expected to be launched in order to meet the business growth.”
President for CRC Power Retail Co., Ltd. and Power Buy Co., Ltd. Suthisarn Chirathivat stated “At present, construction material market has grown both in Bangkok and up country. As referring to the growth figures 2009, 0.8 -1.5 % increased while 7.3% in 2008. During the past five years, there is about 20% growth in this business. We have seen the opportunity to penetrate the customers especially in upcountry, which most stores run the business by traditional basis. Moreover, customer’s behaviors have changed they are more careful about construction budget and requiring more quality product under the standard pricing. Therefore, with our systematic management in product pricing, service, warranty and better -quality product, we are confident that “Thai Watsadu” is the best option.”
“Thai Watsadu” store layout is formatted to suit for customers: a one-story building with a high ceiling equipped with security & fire prevention system, the first store is built on energy saving basis. The strengthen of this format is “daily low price”, “variety of products”, “full inventory enough for customer’s demand”, “convenience and swift” and “instantly receive”.
Also, the company has released a member card “Thai Card” which provides customers a lot of benefits, for example, accumulative points, exclusive price, cash or gift redemption, including credit card payment and installment program.
“Thai Watsadu” is targeted to subcontractors of middle and small size, house owner, estate project manager and any other group such as government office and retail shop.
Regarding merchandise management, more than 100,000 SKU of leading brands are covering major categories of construction products, for example, frameworks like roof, column, beam, base work; architectural decoration like roofing materials, heat prevention, stairs, doors, windows; electricity system like wire, plugs, brakers, switchboard; plumping like water & waste pipe, water tap, valve, plumper and interior materials like shades, bath, kitchen, living room and general electronic appliances.
“PowerBuy”, Thailand’s leading electronic appliance retailer will operate all products at “Thai Watsadu”, bringing more than 3,000 SKU to their first store in Bang Bua Thong, total 1,000 square meters. At Bang Bua Thong, “Thai Watsdu” highlights “Audio & Visual”, “Home & Small Appliances”, and “Office Automation”. The store layout is designed under theme “warehouse” which, product stocks will be placed on the top of the shelves. Some product categories like AV are grouped by brand in order to give convenience for the customers.
Marketing concept of “Thai Watsadu” is Complement: Product complement total 100,000 SKU
Lower price : Daily low price. No need to wait for promotional seasons Good: Quality products with guarantee and customers are able to return and change At “Thai Watsadu” You can get everything
Suthisarn Chirathivat added “We targets income 80 million Baht per month and plan to expand more stores in Bangkok and 3-4 stores per year. By the last quarter of 2010, the second “Thai Watsadu” is expected to be launched in order to meet the business growth.”
Thursday, November 19, 2009
Aberdeen brings you the best from Global Emerging Market region
Aberdeen Asset Management Company Limited today announced the re-launch of its Aberdeen Global Emerging Growth Fund (ABGEM), which invests in units of a foreign fund, Aberdeen Global – Emerging Markets Equity Fund (Master Fund).
Aberdeen Global Emerging Growth Fund (ABGEM) has been launched since 2 April 2008 and the current fund size as of 28 October 2009 is 436.13 Million Baht.
Mr. Andrew Gillian, Investment Manager covering Asian Equities and Global Emerging Markets with Aberdeen Asset Management Asia Limited shared his outlook on the emerging markets opportunities that “Valuations in Asia and Emerging Markets still look reasonable relative to historic levels, albeit expectations are for a decent recovery in earnings in 2010. For this positive momentum to continue, profit growth will have to meet investor’s expectations. At Aberdeen, our focus remains on the underlying companies that we invest in rather than looking at liquidity or other investors’ expectations. We still identify good long-term investment opportunities in both Asia and Emerging Markets.”
“The areas where there is less doubt about growth are the emerging and Asian countries. A combination of buoyant commodity prices, substantial public expenditure and loose monetary policies, has boosted prospects in these regions where the impact of the financial crisis was less severe (Asian countries experienced their own banking crises in 1997 and have learnt from it).”
Mr. Chaikaseam Vadhanasiripong, Head of Fund Distribution Sales added that “Global emerging markets (GEMs) have been setting a fast pace in recent years. Since the 1970s, they have evolved from low cost locations for foreign manufacturing to centres of outsourcing expertise, driven by the forces of globalisation. More recently, GEMs have produced their own world class multinationals in industries as diverse as consumer electronics, semiconductors, aircraft manufacturing, shoes and shipbuilding. These companies do not rely upon cheap labour or easy access to commodities, but on “man-made” factors such as an emphasis on technology and design and a relentless focus on superior execution and quality. Thus the appeal of GEMs lies not only in their diversity, but as a hunting ground for the next global leaders.”
“Furthermore, we have the promotional campaign during November 1 – 30, 2009 for investment amount of every THB 1 million* in Aberdeen Global Emerging Growth Fund (ABGEM) and Aberdeen Asia Pacific Equity Fund (ABAPAC).”
Aberdeen Global Emerging Growth Fund (ABGEM) has been launched since 2 April 2008 and the current fund size as of 28 October 2009 is 436.13 Million Baht.
Mr. Andrew Gillian, Investment Manager covering Asian Equities and Global Emerging Markets with Aberdeen Asset Management Asia Limited shared his outlook on the emerging markets opportunities that “Valuations in Asia and Emerging Markets still look reasonable relative to historic levels, albeit expectations are for a decent recovery in earnings in 2010. For this positive momentum to continue, profit growth will have to meet investor’s expectations. At Aberdeen, our focus remains on the underlying companies that we invest in rather than looking at liquidity or other investors’ expectations. We still identify good long-term investment opportunities in both Asia and Emerging Markets.”
“The areas where there is less doubt about growth are the emerging and Asian countries. A combination of buoyant commodity prices, substantial public expenditure and loose monetary policies, has boosted prospects in these regions where the impact of the financial crisis was less severe (Asian countries experienced their own banking crises in 1997 and have learnt from it).”
Mr. Chaikaseam Vadhanasiripong, Head of Fund Distribution Sales added that “Global emerging markets (GEMs) have been setting a fast pace in recent years. Since the 1970s, they have evolved from low cost locations for foreign manufacturing to centres of outsourcing expertise, driven by the forces of globalisation. More recently, GEMs have produced their own world class multinationals in industries as diverse as consumer electronics, semiconductors, aircraft manufacturing, shoes and shipbuilding. These companies do not rely upon cheap labour or easy access to commodities, but on “man-made” factors such as an emphasis on technology and design and a relentless focus on superior execution and quality. Thus the appeal of GEMs lies not only in their diversity, but as a hunting ground for the next global leaders.”
“Furthermore, we have the promotional campaign during November 1 – 30, 2009 for investment amount of every THB 1 million* in Aberdeen Global Emerging Growth Fund (ABGEM) and Aberdeen Asia Pacific Equity Fund (ABAPAC).”
Thursday, November 12, 2009
ELECTRONICS, IT FIRMS GEAR UP FOR RISING DEMAND
Thai electronics and information-technology firms are planning to expand their businesses as the global economic recovery gathers pace, which will boost the need for higher capacity and more outlets.
Stars Microelectronics (Thailand), an electronics-maker, plans to invest Bt150 million next year to increase capacity at its two business lines, microelectronic manufacturing assembly (MMA) and integrated circuitry (IC).
CEO and co-founder Polsak Lertputipinyo yesterday said the company would increase IC capacity from 800 million units per year to around 1.4 billion by the end of 2010. Meanwhile, it will raise MMA production capacity to 90 million units per annum from 80 million units per annum from 80 million this year.
At present, IC products contribute 20 per cent of Stars' revenue, with the majority generated from MMA products. The company expects revenue from IC products to increase to around 30 per cent next and be on a par with MMA within three years.
The company aims to maintain revenue growth at around 15 per cent per annum.
Polsak said the key product driver for the company's IC business was its Tyre Pressure Monitoring System, which the company supplies to leading auto-parts customers around the world. Orders have increased by 60 per cent from last year. Stars plans to raise production capacity to more than 3 million units per month from the current 2 million.
Regarding the company's MMA business, orders of hard disks for laptop computers have increased by 70 per cent.
Western Digital, the world's second-largest manufacturer of hard disk drives, has confirmed increased orders of 60 per cent until the middle of next year.
Stars has also seen a rise in orders from smart-phone manufacturers as worldwide sales climb. The company generated revenue of Bt7.6 billion and net profit of Bt189 million in the first nine months of the year. For this year, it predicts net profit will slightly exceed the Bt210 million reported last year.
Meanwhile, Supant Mongkolsuthree, CEO of Synex (Thailand), a leading importer and distributor of computers and IT-related equipment, said the company had upped its revenue growth target for this year to 15 per cent from 5 per cent, after signing a contract to become the sole distributor of Seagate's hard disk drives.
The move was despite industry forecasts that the value of the computer hardware market this year would drop 5 per cent from last year to Bt70 billion.
Stars Microelectronics (Thailand), an electronics-maker, plans to invest Bt150 million next year to increase capacity at its two business lines, microelectronic manufacturing assembly (MMA) and integrated circuitry (IC).
CEO and co-founder Polsak Lertputipinyo yesterday said the company would increase IC capacity from 800 million units per year to around 1.4 billion by the end of 2010. Meanwhile, it will raise MMA production capacity to 90 million units per annum from 80 million units per annum from 80 million this year.
At present, IC products contribute 20 per cent of Stars' revenue, with the majority generated from MMA products. The company expects revenue from IC products to increase to around 30 per cent next and be on a par with MMA within three years.
The company aims to maintain revenue growth at around 15 per cent per annum.
Polsak said the key product driver for the company's IC business was its Tyre Pressure Monitoring System, which the company supplies to leading auto-parts customers around the world. Orders have increased by 60 per cent from last year. Stars plans to raise production capacity to more than 3 million units per month from the current 2 million.
Regarding the company's MMA business, orders of hard disks for laptop computers have increased by 70 per cent.
Western Digital, the world's second-largest manufacturer of hard disk drives, has confirmed increased orders of 60 per cent until the middle of next year.
Stars has also seen a rise in orders from smart-phone manufacturers as worldwide sales climb. The company generated revenue of Bt7.6 billion and net profit of Bt189 million in the first nine months of the year. For this year, it predicts net profit will slightly exceed the Bt210 million reported last year.
Meanwhile, Supant Mongkolsuthree, CEO of Synex (Thailand), a leading importer and distributor of computers and IT-related equipment, said the company had upped its revenue growth target for this year to 15 per cent from 5 per cent, after signing a contract to become the sole distributor of Seagate's hard disk drives.
The move was despite industry forecasts that the value of the computer hardware market this year would drop 5 per cent from last year to Bt70 billion.
Stars aims to beat 2008 profit
Stars Microelectronics is confident that this year's profits will exceed last year's thanks to a shift to higher-margin integrated-circuit operations and improved demand with the global economic recovery.
The company reported nine-month profit of 188.13 million baht, up from 165.68 million in the same period last year.
Third-quarter profit rose to 73.68 million baht, up from 62.34 million in the same period last year.
Stars reported 2008 profits of 200.9 million baht on revenues of 12.12 billion.
While 2009 revenues are likely to fall short of last year's performance - ninemonth revenues totalled 7.5 billion baht - chief executive Polsak Lertputipinyo said profit would rise thanks to higher revenues from Stars' IC business.
Stars (SMT) is an integrated electronics manufacturing services provider with two main business lines: microelectronic manufacturing assembly (MMA), which contributes 70-80% of total revenues,and integrated circuits (IC), which accounts for the rest.
The company is investing 100 million baht to expand its IC manufacturing capacity by 50% to 1.2 million pieces per year.
The company has already committed 50 million baht for the project, with the remainder to be spent in the first quarter of 2010, said Mr Pinyo.
SMT also plans to invest another 100 million baht in 2010 to further expand its IC operations.
"We are confident in any case that the company this year will meet or exceed last year's net profit," he told investors at a briefing yesterday.
"The fourth quarter of this year will see our highest revenues ever, with 60%sales growth from our clients in the hard-disk industry. We have also received new orders from several multinational firms, including the world's fifth-largest semiconductor manufacturer and another a leading firm in the credit card market."
At the end of the third quarter, SMT's return-on-equity was 18.4%, down from 21.3% at its entry in the Stock Exchange of Thailand in September, he added.
Debt-to-equity remains a relatively low 1.1 times, down from 2.48 times prior to its initial public offering.
The listing allowed the company to reduce its debt burden and interest expenses by 20 million baht per year.
Stars' valuation is seven times earnings compared with a sector average of eight to 12 times.
SMT floated 92 million shares in its IPO at a price of 4.95 baht each. Shares of SMT closed yesterday at 6.25 baht,down five satang, in trade worth 11.35 million.
The company reported nine-month profit of 188.13 million baht, up from 165.68 million in the same period last year.
Third-quarter profit rose to 73.68 million baht, up from 62.34 million in the same period last year.
Stars reported 2008 profits of 200.9 million baht on revenues of 12.12 billion.
While 2009 revenues are likely to fall short of last year's performance - ninemonth revenues totalled 7.5 billion baht - chief executive Polsak Lertputipinyo said profit would rise thanks to higher revenues from Stars' IC business.
Stars (SMT) is an integrated electronics manufacturing services provider with two main business lines: microelectronic manufacturing assembly (MMA), which contributes 70-80% of total revenues,and integrated circuits (IC), which accounts for the rest.
The company is investing 100 million baht to expand its IC manufacturing capacity by 50% to 1.2 million pieces per year.
The company has already committed 50 million baht for the project, with the remainder to be spent in the first quarter of 2010, said Mr Pinyo.
SMT also plans to invest another 100 million baht in 2010 to further expand its IC operations.
"We are confident in any case that the company this year will meet or exceed last year's net profit," he told investors at a briefing yesterday.
"The fourth quarter of this year will see our highest revenues ever, with 60%sales growth from our clients in the hard-disk industry. We have also received new orders from several multinational firms, including the world's fifth-largest semiconductor manufacturer and another a leading firm in the credit card market."
At the end of the third quarter, SMT's return-on-equity was 18.4%, down from 21.3% at its entry in the Stock Exchange of Thailand in September, he added.
Debt-to-equity remains a relatively low 1.1 times, down from 2.48 times prior to its initial public offering.
The listing allowed the company to reduce its debt burden and interest expenses by 20 million baht per year.
Stars' valuation is seven times earnings compared with a sector average of eight to 12 times.
SMT floated 92 million shares in its IPO at a price of 4.95 baht each. Shares of SMT closed yesterday at 6.25 baht,down five satang, in trade worth 11.35 million.
Sunday, November 8, 2009
Delta may miss $1bn revenue goal
SET-listed Delta Electronics (Thailand)Plc expects its revenue to miss the target of US$1 billion this year despite improving sales in the third quarter and the high growth of its Indian business.
Although the global electronics industry has generally recovered, the telecom segment and the European market have yet to pick up, said executive director Anusorn Muttaraid.
Corporate spending on electronic equipment has remained low in the face of global economic crisis while banks are still reluctant to extend loans to the corporate sector, he added.
"The third-quarter results are better than those of the previous one. Business in India reported a relatively high growth but it should be better than that," he said.
He declined to elaborate further,pending the formal release of results to the Stock Exchange of Thailand.
"Purchasing power is still low and we might have to wait until the end of this year and early 2010 for corporate investment to pick up. Consequently,I don't think our revenue will reach $1 billion as projected," he said.
Delta posted total revenue of 6.06 billion baht in the second quarter, down 27.3% from the same period of 2008,as the global recession caused a significant drop in sales of IT and consumer electronic products. Net profit fell 50% year-on-year to 301 million baht. In the first six months, sales were 12.56 billion baht with net profit of 812 million, down from 1.42 billion a year earlier.
Analysts are upbeat about Delta's third-quarter results, expected to be released late next week, projecting earnings to more than double from three months earlier.
KGI Securities forecasts Delta's net profit will reach 700 million baht in the quarter to September, up 133%quarter-on-quarter, but down 20.7%from the same period of last year.
The brokerage raised Delta's 2009 earnings estimate by 3.8% to 2.3 billion baht with a target price of 21.10 baht per share.
Kim Eng Securities, meanwhile, is more conservative about this year's outlook, seeing a recovery of power supply systems in the European and Indian markets in the fourth quarter.
But Kim Eng expects an improvement in the world's financial sector and recovery in the electronics industry will help lift Delta's earning by 28% to 3 billion baht next year.
Mr Anusorn added that the company plans to set up a subsidiary in Singapore next year when the Asean Free Trade Area (Afta) integrates Southeast Asian nations into a single production base.
The Singapore unit will help facilitate Delta's further expansion to the Middle East and to African countries, given the island state's more favourable tax system than Thailand's for making investment abroad.
DELTA shares closed yesterday on the SET at 17.30 baht, up 10 satang, in trade worth 18.37 million baht.
Although the global electronics industry has generally recovered, the telecom segment and the European market have yet to pick up, said executive director Anusorn Muttaraid.
Corporate spending on electronic equipment has remained low in the face of global economic crisis while banks are still reluctant to extend loans to the corporate sector, he added.
"The third-quarter results are better than those of the previous one. Business in India reported a relatively high growth but it should be better than that," he said.
He declined to elaborate further,pending the formal release of results to the Stock Exchange of Thailand.
"Purchasing power is still low and we might have to wait until the end of this year and early 2010 for corporate investment to pick up. Consequently,I don't think our revenue will reach $1 billion as projected," he said.
Delta posted total revenue of 6.06 billion baht in the second quarter, down 27.3% from the same period of 2008,as the global recession caused a significant drop in sales of IT and consumer electronic products. Net profit fell 50% year-on-year to 301 million baht. In the first six months, sales were 12.56 billion baht with net profit of 812 million, down from 1.42 billion a year earlier.
Analysts are upbeat about Delta's third-quarter results, expected to be released late next week, projecting earnings to more than double from three months earlier.
KGI Securities forecasts Delta's net profit will reach 700 million baht in the quarter to September, up 133%quarter-on-quarter, but down 20.7%from the same period of last year.
The brokerage raised Delta's 2009 earnings estimate by 3.8% to 2.3 billion baht with a target price of 21.10 baht per share.
Kim Eng Securities, meanwhile, is more conservative about this year's outlook, seeing a recovery of power supply systems in the European and Indian markets in the fourth quarter.
But Kim Eng expects an improvement in the world's financial sector and recovery in the electronics industry will help lift Delta's earning by 28% to 3 billion baht next year.
Mr Anusorn added that the company plans to set up a subsidiary in Singapore next year when the Asean Free Trade Area (Afta) integrates Southeast Asian nations into a single production base.
The Singapore unit will help facilitate Delta's further expansion to the Middle East and to African countries, given the island state's more favourable tax system than Thailand's for making investment abroad.
DELTA shares closed yesterday on the SET at 17.30 baht, up 10 satang, in trade worth 18.37 million baht.
Wednesday, October 28, 2009
Capital offence
The big story in 2005 was that eBay had purchased the Internet's biggest telephone company Skype for $2.6 billion; the big question in 2007 was whether eBay would ever figure out what to do with Skype, which was clearly nothing more than an expensive toy for the auction firm, incapable of making big money and with no place to fit into the e-commerce giant; the big answer of 2009 is that eBay is going to pretty much admit it was wrong, and dump 65 percent of Skype on a little-known investor group and recover just over $2 billion of its 2005 purchase price; the only prominent new owner of Skype is Netscape founder Marc Andreessen, who has rounded up several investment types, including,weirdly, the Canada Pension Plan Investment Board, although you have to wonder how thrilled Canadian taxpayers are; eBay will retain 35 percent of Skype,which despite its size and global reach still has no public business plan to make much money.
High technology trade researchers Mobile Entertainment Forum said in a special report that Asia lags well behind the West in regulating and stimulating the mobile entertainment business; Suhail Bhat, MEF policy and initiatives director, told the ZDNet Asia group that Asian regulators have not been able to keep up with the explosive growth of the mobile entertainment industry;while the European Union is drafting policies for mobile services in 2015,Asia is still trying to figure out what rules to apply today.
In a huge, unbelievable shock surprise, the European Commission, which has not collected much in big-money hush payments for months, is going to "investigate" the pending purchase of Sun Microsystems by the database giant Oracle ; the EC says that the deal is a potential monopoly that could hinder competition in the database market;translation: If Oracle fails to budget a lot of money for the EC in its merger with Sun, the EC will make life intolerable for Larry Ellison's firm. In another shocking development, the very same European Commission said it will just have to oppose the proposed settlement designed to let Google sell digital books over the Internet because, whoops, possible monopoly trouble; strangely, the current near-monopoly on digital book sales over the Internet by amazon.com and its Kindle book readers hasn't bothered the EC at all.
So, the Associated Press reports that Siebel Systems ' billionaire owner Tom Siebel was attacked by an elephant while he was on safari in the Serengeti last month; it could have been worse for the software mogul; after all, a lot of super-rich software makers are currently being mauled by a Snow Leopard.
Advanced Technology Investment
Co of Abu Dhabi paid $1.8 billion to buy the Singapore chip foundry Chartered Semiconductor . In 2002,Samsung of Korea passed Sony of Japan in market value; last week, it neared the valuation of Intel Corp of America,and is expected to get to $110 billion and pass the US company within months.
The high profile head of Google in China quit the search engine company to start up a venture fund to finance high-technology start-ups in China; Lee Kai-fu became Google's global president for vice, stationed in Beijing, in 2005;while he revelled in the spotlight of his job, his accomplishments are another matter; under his supervision, Google came under huge fire worldwide for kow-towing to the Beijing authorities on Internet censorship, while in the meantime, Number 2 Google actually lost market share to Baidu , the runaway search leader in China; his new company,Innovation Works , will start looking for investments with $115 million in funding.
It's not those darned kids, its you;according to technology analysts comScore , just 11 percent of Twitter users are between 12 and 17; your embrace of this weird communication system shatters the belief that it's always the young people who lead the way to pop innovations.
Britain's worst polluter: Well, the contest isn't over, but the current top candidate is the $50 million supercomputer at the Meteorological Department; according to press reports, the computer takes 1.2 Megawatts of energy to run 15 million MB of RAM and 1 trillion calculations a second for 400 scientists;all of that produces some weather forecasting material and 8,000 tonnes of carbon dioxide.
Vicki Walker of NEW ZEALAND was fired FROM HER JOB for annoying coworkers by sending them her imperious email IN ALL CAPS DEMANDING THEY "FOLLOW THE BELOW CHECKLIST";unfortunately, the touchy-feelie New Zealand Employment Relations Au-thority fell for her heart-breaking story of how she had gone into debt, and they ordered that she be re-hired and paid $17,000 in lost wages and unspecified "harm"; her co-workers got nothing for having to put up with her back then and now again.
High technology trade researchers Mobile Entertainment Forum said in a special report that Asia lags well behind the West in regulating and stimulating the mobile entertainment business; Suhail Bhat, MEF policy and initiatives director, told the ZDNet Asia group that Asian regulators have not been able to keep up with the explosive growth of the mobile entertainment industry;while the European Union is drafting policies for mobile services in 2015,Asia is still trying to figure out what rules to apply today.
In a huge, unbelievable shock surprise, the European Commission, which has not collected much in big-money hush payments for months, is going to "investigate" the pending purchase of Sun Microsystems by the database giant Oracle ; the EC says that the deal is a potential monopoly that could hinder competition in the database market;translation: If Oracle fails to budget a lot of money for the EC in its merger with Sun, the EC will make life intolerable for Larry Ellison's firm. In another shocking development, the very same European Commission said it will just have to oppose the proposed settlement designed to let Google sell digital books over the Internet because, whoops, possible monopoly trouble; strangely, the current near-monopoly on digital book sales over the Internet by amazon.com and its Kindle book readers hasn't bothered the EC at all.
So, the Associated Press reports that Siebel Systems ' billionaire owner Tom Siebel was attacked by an elephant while he was on safari in the Serengeti last month; it could have been worse for the software mogul; after all, a lot of super-rich software makers are currently being mauled by a Snow Leopard.
Advanced Technology Investment
Co of Abu Dhabi paid $1.8 billion to buy the Singapore chip foundry Chartered Semiconductor . In 2002,Samsung of Korea passed Sony of Japan in market value; last week, it neared the valuation of Intel Corp of America,and is expected to get to $110 billion and pass the US company within months.
The high profile head of Google in China quit the search engine company to start up a venture fund to finance high-technology start-ups in China; Lee Kai-fu became Google's global president for vice, stationed in Beijing, in 2005;while he revelled in the spotlight of his job, his accomplishments are another matter; under his supervision, Google came under huge fire worldwide for kow-towing to the Beijing authorities on Internet censorship, while in the meantime, Number 2 Google actually lost market share to Baidu , the runaway search leader in China; his new company,Innovation Works , will start looking for investments with $115 million in funding.
It's not those darned kids, its you;according to technology analysts comScore , just 11 percent of Twitter users are between 12 and 17; your embrace of this weird communication system shatters the belief that it's always the young people who lead the way to pop innovations.
Britain's worst polluter: Well, the contest isn't over, but the current top candidate is the $50 million supercomputer at the Meteorological Department; according to press reports, the computer takes 1.2 Megawatts of energy to run 15 million MB of RAM and 1 trillion calculations a second for 400 scientists;all of that produces some weather forecasting material and 8,000 tonnes of carbon dioxide.
Vicki Walker of NEW ZEALAND was fired FROM HER JOB for annoying coworkers by sending them her imperious email IN ALL CAPS DEMANDING THEY "FOLLOW THE BELOW CHECKLIST";unfortunately, the touchy-feelie New Zealand Employment Relations Au-thority fell for her heart-breaking story of how she had gone into debt, and they ordered that she be re-hired and paid $17,000 in lost wages and unspecified "harm"; her co-workers got nothing for having to put up with her back then and now again.
Qatari buy stake
Qatar Holding has announced it will acquire a 17% stake in Volkswagen AG, which is merging with Porsche, in a deal that will exceed $10 billion.
This comes after the Porsche and Piech families said it will sell a 10%stake of their shares to the Gulf company.
In a statement released late Friday,Qatar Holding said it will now be the third largest shareholder in VW, after Porsche and Lower Saxony.
The purchase follows the UAE's Aabar Investment acquisition in March of a 10% stake of Daimler AG,famed for its Mercedes-Benz brand,indicating continuing Gulf interest in the European automotive sector despite the economic downturn.
The statement says Porsche will also establish research facilities in Doha as part of the deal.
This comes after the Porsche and Piech families said it will sell a 10%stake of their shares to the Gulf company.
In a statement released late Friday,Qatar Holding said it will now be the third largest shareholder in VW, after Porsche and Lower Saxony.
The purchase follows the UAE's Aabar Investment acquisition in March of a 10% stake of Daimler AG,famed for its Mercedes-Benz brand,indicating continuing Gulf interest in the European automotive sector despite the economic downturn.
The statement says Porsche will also establish research facilities in Doha as part of the deal.
Wednesday, October 14, 2009
Magnificent seven
In the most important, most revered event since the invention of the brontosaurus trap,Microsoft shipped the most incredibly fabulous operating system ever made; the release of Windows 7 also spurred a new generation of personal computers of all sizes at prices well below last month's offers.The top reason Windows 7 does not suck: There is no registered website called Windows7Sucks.com
Kindle e-book reader maker Amazon.com and new Nook e-book reader vendor Barnes and Noble got it on; B&N got great reviews for the "Kindle killer"Nook, with dual screens and touch controls so you can "turn" pages, plays MP3s and allows many non-B&N book formats, although not the Kindle one;Amazon then killed the US version of its Kindle in favour of the international one, reduced its price to $260(8,700 baht), same as the Nook; it's not yet clear what you can get in Thailand with a Nook, but you sure can't (yet) get much, relatively speaking, with a Kindle;but here's the biggest difference so far,which Amazon.com has ignored: the Nook lets you lend e-books to any other Nook owner, just as if they were paper books; the borrowed books expire on the borrower's Nook in two weeks.
Phone maker Nokia of Finland announced it is suing iPhone maker Apple of America for being a copycat; lawyers said they figure Nokia can get at least one, probably two per cent (retail) for every iPhone sold by Steve "President for Life" Jobs and crew via the lawsuit,which sure beats working for it -$6 (200 baht) to $12(400 baht) on 30 million phones sold so far, works out to $400 million or 25 percent of the whole Apple empire profits during the last quarter;there were 10 patent thefts, the Finnish executives said, on everything from moving data to security and encryption.
Nokia of Finland announced that it is one month behind on shipping its new flagship N900 phone, the first to run on Linux software; delay of the $750(25,000 baht) phone had absolutely no part in making Nokia so short that it had to sue Apple, slap yourself for such a thought.
Tim Berners-Lee, who created the World Wide Web, said he had one regret:the double slash that follows the "http:"in standard web addresses; he estimated that 14.2 gazillion users have wasted 48.72 bazillion hours typing those two keystrokes, and he's sorry; of course there's no reason to ever type that, since your browser does it for you when you type "www.bangkokpost.com" but Tim needs to admit he made one error in his lifetime.
The International Telecommunication Union of the United Nations, which doesn't sell any phones or services, announced that there should be a mobile phone charger that will work with any phone; now who would ever have thought of that, without a UN body to wind up a major study on the subject?;the GSM Association estimates that 51,000 tonnes of chargers are made each year in order to keep companies able to have their own unique ones.
The Well, Doh Award of the Week was presented at arm's length to the United Nations Conference on Trade and Development; the group's deputy secretary-general Petko Draganov said that developing countries will miss some of the stuff available on the Internet if they don't install more broadband infrastructure; a report that used your tax baht to compile said that quite a few people use mobile phones but companies are more likely to invest in countries with excellent broadband connections; no one ever had thought of this before, right?
Sun Microsystems , as a result of the Oracle takeover, said it will allow 3,000 current workers never to bother coming to work again; Sun referred to the losses as "jobs," not people; now the fourth largest server maker in the world, Sun said it lost $2.2 billion in its last fiscal year; European regulators are holding up approval of the Oracle purchase in the hope of getting some money in exchange for not involving Oracle in court cases.
The multi-gazillionaire and very annoying investor Carl Icahn resigned from the board at Yahoo ; he spun it as a vote of confidence, saying current directors are taking the formerly threatened company seriously; Yahoo reported increased profits but smaller revenues in the third quarter.
The US House of Representatives voted to censure Vietnam for jailing bloggers; the non-binding resolution sponsored by southern California congresswoman Loretta Sanchez said the Internet is "a crucial tool for the citizens of Vietnam to be able to exercise their freedom of expression and association;"Hanoi has recently jailed at least nine activists for up to six years apiece for holding pro-democracy banners. Iran jailed blogger Hossein "Hoder" Derakshan for 10 months - in solitary confinement.
Kindle e-book reader maker Amazon.com and new Nook e-book reader vendor Barnes and Noble got it on; B&N got great reviews for the "Kindle killer"Nook, with dual screens and touch controls so you can "turn" pages, plays MP3s and allows many non-B&N book formats, although not the Kindle one;Amazon then killed the US version of its Kindle in favour of the international one, reduced its price to $260(8,700 baht), same as the Nook; it's not yet clear what you can get in Thailand with a Nook, but you sure can't (yet) get much, relatively speaking, with a Kindle;but here's the biggest difference so far,which Amazon.com has ignored: the Nook lets you lend e-books to any other Nook owner, just as if they were paper books; the borrowed books expire on the borrower's Nook in two weeks.
Phone maker Nokia of Finland announced it is suing iPhone maker Apple of America for being a copycat; lawyers said they figure Nokia can get at least one, probably two per cent (retail) for every iPhone sold by Steve "President for Life" Jobs and crew via the lawsuit,which sure beats working for it -$6 (200 baht) to $12(400 baht) on 30 million phones sold so far, works out to $400 million or 25 percent of the whole Apple empire profits during the last quarter;there were 10 patent thefts, the Finnish executives said, on everything from moving data to security and encryption.
Nokia of Finland announced that it is one month behind on shipping its new flagship N900 phone, the first to run on Linux software; delay of the $750(25,000 baht) phone had absolutely no part in making Nokia so short that it had to sue Apple, slap yourself for such a thought.
Tim Berners-Lee, who created the World Wide Web, said he had one regret:the double slash that follows the "http:"in standard web addresses; he estimated that 14.2 gazillion users have wasted 48.72 bazillion hours typing those two keystrokes, and he's sorry; of course there's no reason to ever type that, since your browser does it for you when you type "www.bangkokpost.com" but Tim needs to admit he made one error in his lifetime.
The International Telecommunication Union of the United Nations, which doesn't sell any phones or services, announced that there should be a mobile phone charger that will work with any phone; now who would ever have thought of that, without a UN body to wind up a major study on the subject?;the GSM Association estimates that 51,000 tonnes of chargers are made each year in order to keep companies able to have their own unique ones.
The Well, Doh Award of the Week was presented at arm's length to the United Nations Conference on Trade and Development; the group's deputy secretary-general Petko Draganov said that developing countries will miss some of the stuff available on the Internet if they don't install more broadband infrastructure; a report that used your tax baht to compile said that quite a few people use mobile phones but companies are more likely to invest in countries with excellent broadband connections; no one ever had thought of this before, right?
Sun Microsystems , as a result of the Oracle takeover, said it will allow 3,000 current workers never to bother coming to work again; Sun referred to the losses as "jobs," not people; now the fourth largest server maker in the world, Sun said it lost $2.2 billion in its last fiscal year; European regulators are holding up approval of the Oracle purchase in the hope of getting some money in exchange for not involving Oracle in court cases.
The multi-gazillionaire and very annoying investor Carl Icahn resigned from the board at Yahoo ; he spun it as a vote of confidence, saying current directors are taking the formerly threatened company seriously; Yahoo reported increased profits but smaller revenues in the third quarter.
The US House of Representatives voted to censure Vietnam for jailing bloggers; the non-binding resolution sponsored by southern California congresswoman Loretta Sanchez said the Internet is "a crucial tool for the citizens of Vietnam to be able to exercise their freedom of expression and association;"Hanoi has recently jailed at least nine activists for up to six years apiece for holding pro-democracy banners. Iran jailed blogger Hossein "Hoder" Derakshan for 10 months - in solitary confinement.
Friday, October 9, 2009
Delta foresees Indian sales tripling to $1 billion
Delta Electronics (Thailand)Plc expects its sales in India to more than triple to US$1 billion in three years as demand climbs, said executive director Anusorn Muttaraid.
"India is a big opportunity and is also a good gateway for exports to Europe,Africa and the Middle East," Mr Anusorn said in an interview in Mumbai yesterday."We are bidding to supply equipment to the local power companies."
The SET-listed unit of Taiwan's Delta Electronics Inc is building plants in India to make electronic equipment and components to supply the world's secondfastest growing economy. The company expects $300 million in sales from India this year, compared with $200 million last year.
The Samut Prakan-based company makes switching power supply equipment for telecom companies and video display screens.
Delta will need to increase workers in India to almost 20,000 from 2,000 at present to boost its sales."India offers a large reserve of educated men and women who can be trained for the company's requirements," Mr Anusorn said.
Delta may add another facility in India's northeast to its existing three plants at Gurgaon, near Delhi, Pondicherry and in Uttarakhand state in northern India,he said. It may spend $50 million initially on land and construction and an equal amount later, he added.
The company expects revenue to pick up with an economic recovery in the US and Europe. Delta last year had sales of 32.9 billion baht, of which exports contributed 53%. Its first-half profits this year were 812.3 million baht, down from 1.42 billion in the same period last year.
DELTA shares closed yesterday at 18.30 baht, up 10 satang, in trade worth 53.25 million baht. The stock has gained 49%this year, compared with a 65% advance in the SET Index.
"India is a big opportunity and is also a good gateway for exports to Europe,Africa and the Middle East," Mr Anusorn said in an interview in Mumbai yesterday."We are bidding to supply equipment to the local power companies."
The SET-listed unit of Taiwan's Delta Electronics Inc is building plants in India to make electronic equipment and components to supply the world's secondfastest growing economy. The company expects $300 million in sales from India this year, compared with $200 million last year.
The Samut Prakan-based company makes switching power supply equipment for telecom companies and video display screens.
Delta will need to increase workers in India to almost 20,000 from 2,000 at present to boost its sales."India offers a large reserve of educated men and women who can be trained for the company's requirements," Mr Anusorn said.
Delta may add another facility in India's northeast to its existing three plants at Gurgaon, near Delhi, Pondicherry and in Uttarakhand state in northern India,he said. It may spend $50 million initially on land and construction and an equal amount later, he added.
The company expects revenue to pick up with an economic recovery in the US and Europe. Delta last year had sales of 32.9 billion baht, of which exports contributed 53%. Its first-half profits this year were 812.3 million baht, down from 1.42 billion in the same period last year.
DELTA shares closed yesterday at 18.30 baht, up 10 satang, in trade worth 53.25 million baht. The stock has gained 49%this year, compared with a 65% advance in the SET Index.
Wednesday, September 30, 2009
Rakuten takes over Tarad.com
Japan's leading electronic-commerce firm, Rakuten, is taking a 67-per-cent stake in Thailand's largest e-commerce company - Tarad.com.
"Thailand is a strong market that we expect to use as a springboard to jump into Asean countries in the future. Rakuten is an e-commerce consulting company. We will help Thai SMEs benefit from our technology, platform and services," Hiroshi Mikitani, chairman and CEO of Rakuten, said yesterday.
The deal was two years in the making. The value of the joint venture has not been disclosed yet.
The move is Rakuten's second step into the overseas market, following Taiwan last year. Rakuten ranks as the eighth-largest global Internet company by market value.
"Thailand has huge potential in e-commerce business in terms of growth and Tarad.com is a good local partner in helping the company to expand its business to the Thai market and to extend to the Asean market," Mikitani said.
Rakuten was committed to making the huge investment needed to increase the efficiency of Tarad.com's business capability, he said, but declined to unveil the actual budget.
Rakuten will send three executives to oversee Tarad.com's business direction. The first is Toshiya Matsuo, who will become the CEO, followed by two managers.
Pawoot Pongvitayapanu, Tarad.com's founder, will stay on as managing director.
Matsuo said the Japanese company would bring know-how and technology as well as capital to lift Tarad.com's business capability and competitiveness, as e-commerce is playing an important role in boosting the country's economic growth.
"Thailand is the fastest growing in Asean in terms of e-commerce business, but the total e-commerce business is eight to nine times smaller than Japan. We see the huge potential to increase e-commerce in Thailand to be bigger by eight to nine times in the future," he said.
There are a couple things that the company needs to improve in Tarad.com, such as the payment platform and technology facilities and support, in order to turn it into a regional and global player, he said.
Pawoot said the joint venture would combine the strength of the two partners to help leverage Thailand's e-commerce business to take a big leap forward in expanding to the world market place with the stronger resources.
"This joint venture will make a difference in e-commerce development in Thailand. By next year, we will launch a new e-commerce business model in Thailand. Huge benefits will be returned to Thai SMEs and the country's economy as the whole," he said.
Tarad.com hosts 160,000 online merchants carrying 1.6 million items. It expects to increase its merchant accounts to 183,400 by the end of the year. Tarad.com next year is conservatively expected to grow at 40 per cent, he added.
Rakuten has about 30,000 online shops and 40 million product items.
"Thailand is a strong market that we expect to use as a springboard to jump into Asean countries in the future. Rakuten is an e-commerce consulting company. We will help Thai SMEs benefit from our technology, platform and services," Hiroshi Mikitani, chairman and CEO of Rakuten, said yesterday.
The deal was two years in the making. The value of the joint venture has not been disclosed yet.
The move is Rakuten's second step into the overseas market, following Taiwan last year. Rakuten ranks as the eighth-largest global Internet company by market value.
"Thailand has huge potential in e-commerce business in terms of growth and Tarad.com is a good local partner in helping the company to expand its business to the Thai market and to extend to the Asean market," Mikitani said.
Rakuten was committed to making the huge investment needed to increase the efficiency of Tarad.com's business capability, he said, but declined to unveil the actual budget.
Rakuten will send three executives to oversee Tarad.com's business direction. The first is Toshiya Matsuo, who will become the CEO, followed by two managers.
Pawoot Pongvitayapanu, Tarad.com's founder, will stay on as managing director.
Matsuo said the Japanese company would bring know-how and technology as well as capital to lift Tarad.com's business capability and competitiveness, as e-commerce is playing an important role in boosting the country's economic growth.
"Thailand is the fastest growing in Asean in terms of e-commerce business, but the total e-commerce business is eight to nine times smaller than Japan. We see the huge potential to increase e-commerce in Thailand to be bigger by eight to nine times in the future," he said.
There are a couple things that the company needs to improve in Tarad.com, such as the payment platform and technology facilities and support, in order to turn it into a regional and global player, he said.
Pawoot said the joint venture would combine the strength of the two partners to help leverage Thailand's e-commerce business to take a big leap forward in expanding to the world market place with the stronger resources.
"This joint venture will make a difference in e-commerce development in Thailand. By next year, we will launch a new e-commerce business model in Thailand. Huge benefits will be returned to Thai SMEs and the country's economy as the whole," he said.
Tarad.com hosts 160,000 online merchants carrying 1.6 million items. It expects to increase its merchant accounts to 183,400 by the end of the year. Tarad.com next year is conservatively expected to grow at 40 per cent, he added.
Rakuten has about 30,000 online shops and 40 million product items.
They've got the power
The Electricity Generating Authority of Thailand (Egat) firmly announced plans to build two nuclear plants, with construction of the first to begin in 11 years; deputy governor and spokesman Wirat Kanchanaphaibul said studies were still under way, but two 1,000KW plants will replace or supplement some of the gas-fired plants,in order to decrease dependence on foreign oil sources; getting permission to build the plants will be child's play compared with the coming fight over where they will (not) be sited.
Top countries in Global Information Technology as ranked over the past year by the World Economic Forum were Denmark, Sweden and the United States, with Singapore in fourth place as the only Asian country to make the top 10; the annual report, which trashed this country, is sponsored for the first time by Cisco Systems, and by a huge coincidence adopted the theme "Mobility in a Networked World," not that a huge company would bias the report in any manner to show up countries using its technology, perish the thought;actually, Thailand's rank of Number 47 in the world with a score of 4.14 came even though Thailand is a major customer of Cisco's spiffy and extremely profitable censorship hardware; indeed,as the report put it so very diplomatically:"Pursuing its downward slide in the ranking, Thailand plunges a further seven positions to 47th. Behind this negative trend is the continuous worsening of the country's performance in all the government-related indicators;"how heartening, then, that the new government has taken such a strong interest in IT, even convincing the incredible Ranongruk Suwanchawee to serve selflessly as information and communications technology minister, a step certain to be reflected in next year's rankings.
The National Telecommunications Commission continued its frantic twoyear-old project to get ready to prepare to start to consider how to begin setting up Asia's last third-generation mobile phone system; chairman Gen Choochart Promprasit said regulations governing the auction of bandwidth should be published by next month - or so; the auction should take place Real Soon Now, comparatively speaking; before any 3G service actually begin, there may be lawsuits challenging the NTC power-grab to regulate 3G at all.
Peter Borjesson, president of vice of network services for Ericsson Thailand ,said his company would exist to serve 3G operators, in case there ever are any; the optimistic Mr Borjesson figures there might be an opportunity in the 3G market in 2010; Ericsson has had lots of time to get lots of experience in 3G, since service has already started in Cambodia, Laos, etc. New CEO Wichien Mektrakarn of No 1 yuppiephone network Advanced Info Service said he was thrilled to death to be able to work with your TOT on 3G services - assuming TOT ever manages to get that ball rolling; in the meantime, however,AIS is working on hiving off its service to its subsidiary Advance Wireless Network , and that could - repeat, could - take concession business from TOT.
Your CAT Telecom said it will try to talk state-run broadcaster MCOT ("Emcot") into donating its 2.6GHz spectrum for a WiMax service for yuppiephones;your brand new spiffy CEO Jirayuth Rungsrithong of Cattelecom said he also wants to finish the hookup between Hutchison-CAT and the up-country 20001-x networks, to created one flawless, CDMA phone network which would remain as the fourth-largest service.
Web pirates figured out that the Thai foreign ministry bought and maintained (14thAseanSummit.org) for last February's Asean summit; so they went out and bought the domain name (15thAseanSummit.org); you can currently "find Thai girls" and "date gorgeous Filipinas" from the site; there is no official word yet on the actual website to be used for the 15th Summit in Hua Hin and Cha-Am in October.
Information and Communication Technology Minister Ranongruk Suwunchwee told the company formerly known as Shinawatra Satellite to go pound sand when the firm asked to rent a satellite instead of build a new one;Mrs Ranongruk took a few moments from her frantic ministerial schedule to tell Thaicom , now based in Shingapore, that it could not amend the 1997 contract with her ministry; back in the last century, Shinsat and the government agreed that when the Thaicom 1 satellite fell out of the sky - which it soon will - Thaksin's firm would build a replacement; now, Thaicom wants to rent a foreign satellite to carry the phone calls and TV signals, and then build two satellites later;"The concession contract cannot be amended because it was signed more than 12 years ago,"said the minister.
The aggressive electronics services sub-contractor Stars Microelectronics said it was budgeting for corporate growth of between 25 and 30 percent in the second half of this year, because the recovery is that good; by coincidence,the company is also launching an initial public offering this month, and CEO Polsak Lertputipinyo said he expects somewhere around 4.75, maybe 4.95 baht for each of the 92 million shares on offer.
Virtual computing specialists NComputing of America and Thailand said it was upbeat about the Thai operations;Manish Sharma, president for vice sales in the Pacific area, said the sales targets of the virtual machines - including hardware and software - were 25,000 in Thailand this year, and 50,000 next year; the company already has major customers including Coca Cola, Tesco Lotus and Big C.
Top countries in Global Information Technology as ranked over the past year by the World Economic Forum were Denmark, Sweden and the United States, with Singapore in fourth place as the only Asian country to make the top 10; the annual report, which trashed this country, is sponsored for the first time by Cisco Systems, and by a huge coincidence adopted the theme "Mobility in a Networked World," not that a huge company would bias the report in any manner to show up countries using its technology, perish the thought;actually, Thailand's rank of Number 47 in the world with a score of 4.14 came even though Thailand is a major customer of Cisco's spiffy and extremely profitable censorship hardware; indeed,as the report put it so very diplomatically:"Pursuing its downward slide in the ranking, Thailand plunges a further seven positions to 47th. Behind this negative trend is the continuous worsening of the country's performance in all the government-related indicators;"how heartening, then, that the new government has taken such a strong interest in IT, even convincing the incredible Ranongruk Suwanchawee to serve selflessly as information and communications technology minister, a step certain to be reflected in next year's rankings.
The National Telecommunications Commission continued its frantic twoyear-old project to get ready to prepare to start to consider how to begin setting up Asia's last third-generation mobile phone system; chairman Gen Choochart Promprasit said regulations governing the auction of bandwidth should be published by next month - or so; the auction should take place Real Soon Now, comparatively speaking; before any 3G service actually begin, there may be lawsuits challenging the NTC power-grab to regulate 3G at all.
Peter Borjesson, president of vice of network services for Ericsson Thailand ,said his company would exist to serve 3G operators, in case there ever are any; the optimistic Mr Borjesson figures there might be an opportunity in the 3G market in 2010; Ericsson has had lots of time to get lots of experience in 3G, since service has already started in Cambodia, Laos, etc. New CEO Wichien Mektrakarn of No 1 yuppiephone network Advanced Info Service said he was thrilled to death to be able to work with your TOT on 3G services - assuming TOT ever manages to get that ball rolling; in the meantime, however,AIS is working on hiving off its service to its subsidiary Advance Wireless Network , and that could - repeat, could - take concession business from TOT.
Your CAT Telecom said it will try to talk state-run broadcaster MCOT ("Emcot") into donating its 2.6GHz spectrum for a WiMax service for yuppiephones;your brand new spiffy CEO Jirayuth Rungsrithong of Cattelecom said he also wants to finish the hookup between Hutchison-CAT and the up-country 20001-x networks, to created one flawless, CDMA phone network which would remain as the fourth-largest service.
Web pirates figured out that the Thai foreign ministry bought and maintained (14thAseanSummit.org) for last February's Asean summit; so they went out and bought the domain name (15thAseanSummit.org); you can currently "find Thai girls" and "date gorgeous Filipinas" from the site; there is no official word yet on the actual website to be used for the 15th Summit in Hua Hin and Cha-Am in October.
Information and Communication Technology Minister Ranongruk Suwunchwee told the company formerly known as Shinawatra Satellite to go pound sand when the firm asked to rent a satellite instead of build a new one;Mrs Ranongruk took a few moments from her frantic ministerial schedule to tell Thaicom , now based in Shingapore, that it could not amend the 1997 contract with her ministry; back in the last century, Shinsat and the government agreed that when the Thaicom 1 satellite fell out of the sky - which it soon will - Thaksin's firm would build a replacement; now, Thaicom wants to rent a foreign satellite to carry the phone calls and TV signals, and then build two satellites later;"The concession contract cannot be amended because it was signed more than 12 years ago,"said the minister.
The aggressive electronics services sub-contractor Stars Microelectronics said it was budgeting for corporate growth of between 25 and 30 percent in the second half of this year, because the recovery is that good; by coincidence,the company is also launching an initial public offering this month, and CEO Polsak Lertputipinyo said he expects somewhere around 4.75, maybe 4.95 baht for each of the 92 million shares on offer.
Virtual computing specialists NComputing of America and Thailand said it was upbeat about the Thai operations;Manish Sharma, president for vice sales in the Pacific area, said the sales targets of the virtual machines - including hardware and software - were 25,000 in Thailand this year, and 50,000 next year; the company already has major customers including Coca Cola, Tesco Lotus and Big C.
Sunday, September 27, 2009
Stars makes impressive debut on SET
Stars Microelectronics (SMT) expects revenue to grow 25% this year from 12.12 billion last year, according to chief executive Polsak Lertputipinyo.
He said the growth would come from the strong pickup in global demand in the IT and electronics sector, with demand expected to remain strong through 2010.
SMT, an electronics manufacturing service subcontractor, projects revenue growth of 10% to 15% in 2010, with the company expected to sign up 5-6 new companies for its microelectronic module assembly and integrated circuit services.
SMT operates two main business lines -microelectronic module assembly (MMA) and integrated circuit (IC) packaging and testing. Its products include touchscreens for smart phones, harddisk control boards used in laptop computers and sensors for the automotive and medical industries.
MMA accounts for 70% of revenue,with a profit margin of 30-40%. However,he expected that within the next two years, revenue contributions by the two business lines will be split evenly.
Shares of SMT began trading yesterday on the SET as the fifth new listing on the main board this year.
The stock opened at 5.25 baht and rose to a high of 5.95 before falling to close at 5.75 baht in trade worth 674 million baht, a 20% gain from its initial public offering price of 4.95 baht per share.
Paiboon Nalinthrangkurn, chief executive of the financial adviser Tisco Securities, said investors are paying more attention to export-related companies due to the signs of global recovery.
The sentiment is in contrast to that prevailing at the beginning of the year,when investors focused on domestic markets, he said.
SMT reported total first-half revenues of 4.589 billion baht with net profits of 115 million baht.
He said the growth would come from the strong pickup in global demand in the IT and electronics sector, with demand expected to remain strong through 2010.
SMT, an electronics manufacturing service subcontractor, projects revenue growth of 10% to 15% in 2010, with the company expected to sign up 5-6 new companies for its microelectronic module assembly and integrated circuit services.
SMT operates two main business lines -microelectronic module assembly (MMA) and integrated circuit (IC) packaging and testing. Its products include touchscreens for smart phones, harddisk control boards used in laptop computers and sensors for the automotive and medical industries.
MMA accounts for 70% of revenue,with a profit margin of 30-40%. However,he expected that within the next two years, revenue contributions by the two business lines will be split evenly.
Shares of SMT began trading yesterday on the SET as the fifth new listing on the main board this year.
The stock opened at 5.25 baht and rose to a high of 5.95 before falling to close at 5.75 baht in trade worth 674 million baht, a 20% gain from its initial public offering price of 4.95 baht per share.
Paiboon Nalinthrangkurn, chief executive of the financial adviser Tisco Securities, said investors are paying more attention to export-related companies due to the signs of global recovery.
The sentiment is in contrast to that prevailing at the beginning of the year,when investors focused on domestic markets, he said.
SMT reported total first-half revenues of 4.589 billion baht with net profits of 115 million baht.
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