SanDisk thinks, the flashing memory will spread to the end in the following 10 years, 3D memory technology will become the successor of flashing memory.
SanDisk showed last week, because the flashing memory had limitation, its development would go to the end in the future, SanDisk hopes 3D can become substitute products to read and write the memory, this kind of technology is Matrix semi-conductive company’s development that is purchased every year by SanDisk2005.
3D memory chip changes the memory array from crosslaid arrangement into longitudinal arrangement, thus can store more data vertically.
SanDisk president and concurrently chief operating officer Sanjay Mehrotra showed last week: “SanDisk is developing 3D and reading and writing the memory, we think this kind of product will replace NAND flashing memory in the following 10 years. ”
SanDisk has already announced and Toshiba develops 3D memory cooperatively.
President SanDisk and concurrently chief executive officer Eli Harari say, since purchased Matrix, they developed the respect in 3D memory to make big progress, at present, centre on this kind of technology, SanDisk has already obtained multinomial patents 200.
But SanDisk spokesman Michael Wong says, 3D memory has very long segment ways to go to replace flashing memory.
Mobile Fashion is becoming popular life style in China.
Go the intersection of Starbucks and the intersection of point and one cup coffee, open note-book, surf the Net, a lot of the intersection of fashion and way that youth advocate. Much the intersection of movement and bean vermicelli of life, will it holds note-books to be the same wireless to surf the Net in airport or coffee shop, listen to the song. However, getting more definite in places such in coffee shop, airport,hope more person can place in city, can all enjoy the wireless fun that surf the Net. Nowadays, this hope is being turned into reality gradually.
June 25, 2008, ” wireless city of Beijing ” The openning of the first stage of wireless network is undoubtedly hoping to present a gift for the Olympic Games. While the wireless city of Beijing open, Shanghai, Guangzhou and other places launch the wireless urban plan in succession too. Can the Olympic Games accelerate the construction of the wireless city of China? What kind of test will popularization of the wireless city be facing?
Olympic Games drives China’s wireless urban upsurge
The first stage of wireless city of Beijing opens the range including Second Ring Road, Third Ring Road, the intersection of CBD and commercial circles, financial street, the intersection of Zhongguancun and area and the intersection of Wangjing and economic and technological development zone, the intersection of Xuanwu and the intersection of Chinese toon and tree, also the intersection of village and district,etc., about 100 of cover area, Olympic Games Beijing citizen can free in the intersection of tetherless access and Internet under the above-mentioned area in the past. Beijing becomes the wireless city of maximum scale of China at present too.
All believe the plan of Co., Ltd. according to electric China in the contractor for the construction of wireless urban project in Beijing, the second issue of wireless city of Beijing will finish 625 sq. km. in urban area within Fifth Ring Road to cover with at the end of 2009, popularize wireless broadband and surf the Net at a high speed, technical application has already begun the test in several places such as the new world commercial circles of Chongwen District; By the end of 2010, the third issue will realize the network overlapping of wireless broadband in urban and rural areas of Beijing.
Besides Beijing layouted before the Olympic Games as soon as possible, Shanghai, Guangzhou, Nanjing,etc. nearly plan to build the wireless urban project at one time too. Will build up a wireless city in 2010 most quickly in Guangzhou, and the whole Pearl River Delta will include in the range of the wireless urban construction. Shanghai announces the first stage of the project of wireless broadband network of Xuhui District is launched formally recently on June 13, click and already reach 2500 in the radio coverage field of the whole city of Shanghai at present. Nanjing will open the wireless network at the end of next year too, and charge tentatively the fixed price is 0.05 yuan per minute.
Though all parts have listed the development plan of the wireless city, input and repayment of the cost attract people’s attention most. The Olympic Games brings the opportunity and brings challenges too to the wireless city of Beijing.
Come, say Beijing electric put through China only second operator in the wireless operator of city from input, without one’s own key network, it needs to rent the backbone network of the basic operator to build the wireless city. Open chief scientist Xie LinZhen of electric China of China represents, the bandwidth of renting the operator is company’s master cost too, it rent operator the bandwidths of the 1Gbpses,year is for more than 900~1000 yuans in rental one,of Chinas electric is coherent to rent by bandwidth of 20Gbps, the cost renting the bandwidth every year is probably 200 million yuan. On the initial stage of networking, have under the any the intersection of user and situation of income, China electric China put through to bear the huge cost pressure.
200 million yuan
The cost that the wireless urban operator of Beijing rents the bandwidth is 200 million yuan every year.
It is reported, inner broadband and wireless networking of Olympic venue are finished by China Mobile at present, this too with in take shape complementary.
It is estimated that will welcome the Olympic visitor, more than 20,000 registered media’s reporter and more than 20,000 athletes outside millions of Chinas in Beijing during the course of the Olympic Games, add Beijing area some netizen, people these become the intersection of Beijing and wireless batch user of city, the quantity should be about 300,000 people.
“During the course of the Olympic Games, can’t each match come to to the scene personally or watches over by the television, from wireless to surf the Net, come, understand tournament situation I certain to make through note-book whenever and wherever possible. ” White collar wish of Xiao Zhao believe, represent great majority of Beijing netizen too. During the Olympic Games, perhaps many will be unable to go to watch the match but pay close attention to note-book customer option tetherless access Internet of the tournament.
This is undoubtedly a test to wireless city of Beijing.
Though is free, if the netizen has no good Net surfing to experience, will influence the charge after the Olympic Games of wireless city and make the transition. And the netizen in Beijing will become the open charge target who makes the transition in electric China in the future. After all, Olympic visitors flow. So how keep stable the intersection of Beijing and netizen here, it becomes wireless cities to be could in develop an important proposition that go down after the Olympic Games.
However, the wireless city has just made use of opportunity of the Olympic Games to test. According to in Chinas electric is coherent for executive vice president Guo introduction this ago,speed that be surfed the Nets wireless be lasted 512Kbps to user.
The scheme that China Telecom purchased CDMA relevant assets to CHINAUNICOM was decided at last.
According to the final agreement that both sides signed on July 27, the group of China Telecom of parent company of China Telecom will provide funds of 66,200 million yuan to purchase CDMA network assets to UNICOM parent company, and the middle telecommunication listed company provides funds in centripetal UNICOM listed company of 48,300 million yuan and purchases the business of CDMA, after the aforesaid is purchased and finished, lease CDMA network and launch the business to run from hitting the centripetal telecommunication parent company of listed company of telecommunications.
On July 28, also as hitting Wang Xiaochu of a Chairman and CEO two major important post of telecommunications, and connect ” cross the shelf ” Go to China Telecom to take the post as president and concurrently COO (chief operating officer) Bing Shang,appear together, yes, Hong Kong.
According to Wang Xiaochu’s statement, ” a main and responsible one of mine is the overall strategy of the company, and total personnel check on, but concrete management is taken charge of by still president, implement strategy to the tactics specifically, this is division of labour of my Buddhist monk’s ice. ”
While accepting the interview including staff reporter, Wang Xiaochu says frankly, according to the present situation, China Telecom ” accepts C network and really faces a lot of challenges and pressures. ”
The pressure comes from and purchases the required huge capital expenditure too. By the look of final result, China Telecom has continued to use the mode that UNICOM deals in CDMA before this, namely the parent company buys the assets, and the listed company leases the network.
“From the viewpoint of listed company, obtained China CDMA network usufruct in a manner to pay the rental expense, not only can save the expenses reduce the investment risk of the listed company on the initial stage of managing, but also can, look while being long-term, with fast development of mobile service, realize network and unity of business run under appropriate condition, help to control the cost, reduce the related trade, manage the handling cost optimally, accord with shareholder’s long-term interests, ” Wang Xiaochu claim but when listed company will purchase CDMA assets to the parent company on earth, it is decided that ” to maximize the principle according to benefit and shareholder’s interests ” .
100 million for 3 years
Wang Xiaochu introduces, China Telecom purchases UNICOM CDMA business and moves and serves the whole journey to take three steps together in an all-round way.
Both sides sign the purchase agreement as the first stage formally to July 27 after from announcing on June 2 that purchases the preliminary chassis, mainly prepare and develop on network, products, IT system and industry chain; And the formal delivery one from October 1 to November 30, China’s telecommunications will begin to implement new movement service and customer to experience, and try commercially; By March 31 next year, 3G that China’s telecommunications will begin to popularize one’s own brand on a large scale will move and serve.
According to the data of the end of first quarter this year that UNICOM announce, UNICOM CDMA users are 42,810,000, account for 7.4% of the number of users of China Mobile, ARPU (the average telephone expenses income for each person every month) It is 53.3 yuan, the gross income of CDMA is 27,730 million yuan in 2007, accounts for 5.5% of China mobile communication market. EBITDA rate is 31.3%, pre-tax profit is 1,200 million yuan.
This is a figure not very optimistic. Especially key index ARPU, data display, ARPU value of CDMA, the high position of 172 yuan dropped year by year since 2002, have already fallen to 53 yuan by the end of first quarter of this year! And the number of users, 43,169,000 numbers of users of the first half of this year, only increase by 1,242,000 compared with the end of last year, accounts for 23% that increased 5,400,000 users newly last year.
By the look of the first half of this year, the operation figure of UNICOM CDMA is really not too goodlooking.
Whether will further worsen while completing a business transaction according to the purchase agreement in the future, Wang Xiaochu shows, ” I believe, CHINAUNICOM is a major company, it is a company with sincerity too, after our both sides sign the agreement, user, network when they have given to us by the end of September, including income and profit, I believe that will be the same as we purchase the situation confirmed at that time, level that should keep similar to the end of last year at least. ”
“In the following 2-3 years, we plan CDMA number of users and reach 100 million, market share is up to 15%, ARPU steadily increasing in value, value-added service account for than up to 35%. ” Wang Xiaochu claims.
Moreover, according to Wang Xiaochu’s plan, EBITDA of CDMA will turn negative number to positive number by 2009, will realize profits and become a full member in 2010.
This means, in the following 2-3 years, CDMA should increase by nearly 19 million at least every year on average! This figure will be 3.5 times of CDMA newly-increased users’ last year.
Likewise, the intersection of China and telecommunication plan, bring 15% up to, account for than up to 35% of market share from 5.5% present value-added service also. The end of last year, value-added service of UNICOM account for than 23% only, Wang Xiaochu claim China telecommunication value-added service of fixed net already up to 43% now.
In industry’s view, in third party’s application software provider and competition game of the operator at present, both sides seem to move towards the evenly matched state gradually. Such evenly matched conformance not meaning both sides on the ability of contending, but each other all have the advantage of being that the other side can’t replace, certainly have inferior position that oneself can’t remedy immediately, this situation makes within segment period, on the application of mobile phone, operator and third party developer can’t press or replace each other.
The third party’s enthusiasm and speciality
Frost&Sullivan (China) Wang Yu, president of company, all seem to have more perceptual understanding to the application of mobile phone, he thinks that doing business and content needs a kind of maximal enthusiasm, and this kind of enthusiasm has been determined in business development, third party’s developer is still high.
“We can see, the developers of a lot of third parties’ bubbles CEO all day are in the application, go to try, participate in by oneself, themselves are a past master. And they to want, rely on product that oneself develop make money. This kind whole to participate in formative result, the intersection of operator and inside while being positive but task assign and some result that person develop different naturally. ”
One hundred receives telecommunications and consults the analyst and makes the additional remarks of the policy ” The third party ” Professional lines,think he on information service diversification, individualized service, third party’s software provider is more flexible on strategy and tactics, its professional lines can meet market user’s that is subdividing constantly demands. In addition, it is the movement which fixes Internet to move Internet to a certain extent, and already cultivated a large amount of software providers of third party who can make rival claims as an equal with the operator in traditional Internet, and they have more mature products, more abundant operation experience and more customers cluster foundation.
“Third party’s software provider is absorbed in the field that oneself runs, and for operator, the information business is only a fraction of the source of revenue at the present stage, invest proportion and enterprise’s attention degree and say from enterprises, third party’s application software provider obviously has successful possibility even more. ”
Whether for enthusiasm or professional flexibility, a little unquestionable at least, that is the third party’s technical superiority. Beijing moves the personage to represent: “We have been absorbed in the input of the mobile network all the time, there is no advantage at all in the development of the mobile phone software. Third party’s software manufacturer can depend on its experience in mobile phone software development, form relative technical superiority. ”
This can be found out in the course of its IM when developing from one operator. Microsoft MSN,etc. assists what this operator develop in this IM software, and it is reported, influence this software to run in order to defend cooperating in going wrong with MSN, this operator has also asked another third party’s software provider to develop a set of backup software. Chinese better to develop force therefore in application software of operator. In addition, the content is still to exercise restraint in moving the key factor of operator’s development, moving the operator still lacks the one’s own content.
But the inferior position of third party’s software provider seems very obvious. Just move the operator and occupy the surging position at first. So far as at present, moving the operator not only controls the network channels, but also rise to terminal control efforts day by day. Aforesaid Beijing moves the personage and shows, the third party can also relatively develop software freely, but once the business conflict appears, I’m afraid that there is not too many words right.
Secondly, show, third party’s software provider is still limited by developing platform according to China Mobile’s relevant products manager. Most third party application software providers basically choose Brew platform of Java platform or CDMA at present. Java is because of one’s own technical restriction, there are certain bottlenecks on show and technical realization of the page; Brew platform supports less mobile phones, the Chinese development space is small. Though third party’s software can be developed on the basis of the mobile phone system directly, but cost comparison is high, each mobile phone needs adapting independently. And this exercise restraint in, move, fly to the intersection of letter and key factor of development one of at present too.
In addition, compared with operator, third party software provider in terminal to control and channel control and terminal user store in obviously enough at the the intersection of marketing and ability.
It is a kind of important route that enterprises grow up to merge, the successful merger behavior can optimize the resource distribution between enterprises effectively, promote the concentration of resources and structural transition of the business organization, promote industry’s structural staging effectively. But enterprise could valid the operation merge, reach the anticipated result, the key lies in the integration after merger is managed. Guide the advisor’s relevant statistics according to having a match, global enterprises exceed 50% recombinating the miss ratio to merge, it is ignoring and merge integration especially integration of the resources of manpower to result in merge an important reason to failing. The investigation of the case of guiding a advisor and failing in merging according to having a match, over 50% lack or not pay attention to the effective integration merging, and more than 80% of the merger among them fails and relates to human resources and culture again, as shown in Table 1.
Table 1 enterprise merge and recombinate five major causes to fail Influence factor Proportion Problem of management of human resources (the problem correlated to management, interpersonal relationships, enterprise’s cultural conflict) 85%At the the intersection of Chinese and the intersection of panel TV and market, the intersection of conspiracy and theory, dump, it loses all sorts of fierce view to be numerous 2008. On all dispute concentrate on the intersection of foreign capitals and brand and domestic the intersection of brand and two major camps stand facing each other.
Since 2006, the brand panel TV of the foreign capitals has formed the pressure greatly for the domestic brand on the Chinese market, the market does very well that Sony, Samsung, Sharp wait in the first half of 08, promote in first class urban market share rapidly. The domestic color TV no longer occupies the absolute advantage position.
Deputy Chairman of China electronic association of dealers Wang Ning thinks, it will be one year when the panel TV will be really developed at full speed in 2008. Push away and predict, because of the drive of the business opportunity of Beijing 2008 Olympic Games according to the newest data, sales volume will be 12,150,000 in the whole year, will increase by 50% compared with the same period of last year.
Although demand is heightened, the market presents and loses the sign wholly. In the first half of 2008, Xiahua exposes the panel TV and loses news in the domestic color TV brand, the panel TV competition of Xiaxin’s backout, the new department LCD TV dismisses from the cupboard from Tianjin,etc.. Major cause why the price war is considered generally to cause the market to be like arbitrarily. Over the past half year, advanced the intersection of panel TV and price lower a thousand direct easily, all brand make a reduction smoke of gunpowder of competition rise from all around.
In market share, the share disparity between brands of Japan and Korea S. and Chinese brand is further widened, especially 4, since May, with the normal climb in enterprise’s share such as Sharp, LG, the market share of China’s native brand is reduced greatly, market share of any Chinese enterprise does not exceeds 10% at present.
A lot of medias and industry personages think, the foreign capitals brand, in order to fight for market share, dull and stereotyped price utilizing its great amount of faceplate profit to come as a hard blow at and sell in China, make while positioning the dull and stereotyped enterprises of China of low-price are obstructed in a gleam of market quantity sold. “Because the foreign brand implements the Chinese panel TV industry from price to the attacking vertically in multiple layers of the channel, just make the market of domestic panel TV in the edge of the final and decisive juncture. ” The insider shows.
Domestic color TV proud people brilliant according to superior cost performance and sturdy the intersection of channel and the intersection of network and achievement for a time, why did brand of this foreign capitals stage a comeback but collapse at the first blow so? I think the most basic reason is that the technology creates to cause newly and insufficiently. It is a generally acknowledged fact that the foreign capitals giant has the advantage of being leading in the advancement of the panel TV technically, persistent technology innovation makes them know the words right of the market all the time, to occupy the initiative position in the price war, the channel advantage for many years of the savings of domestic brand seems unable to do what one wishes while opposing the foreign capitals brand offensive too.
Executive vice president Yu ZiDa of Haier Group says, because the competitions of enterprises are not a competition between two simple enterprises now, but the competition between the whole industry chain. The modern electronic industry in the high-speed change, only technology realizes the difference real weapon of competition. Domestic the intersection of TV and enterprise want, catch up with situation, strengthen input in the intersection of technological development and, master the technological means really better than the rival, it is not possible to follow the track of an overturned cart that the Chinese mobile phone industry suffers defeat.
After Chinese Taiwanese main liquid crystal faceplate enterprises claim to cut down the output, the second largest liquid crystal faceplate manufacturing enterprise South Korean LG Display in the world claims to begin to reduce the faceplate output of the liquid crystal too.
The analyst claims, near the period of time, the market of liquid crystal faceplate is in liberal supply, bring certain presure to price, so the price stabilization of the measure that the faceplate manufacturing enterprise of the liquid crystal wants to take and limit the production. And sold the declining trend of retreating in defeat successively from the beginning of this year for torsion, the domestic brand panel TV has already started to make a reduction on a large scale wisely successively, in order to vie for eating the Olympic market well blowout quotations.
Supplier drop the faceplate in production collectively
Notify according to LG Display respect, this company determines to drop by 10% in production until August, and reduce tortoise’s tail and input amount of the liquid crystal faceplate production line glass substrate of slope state in the near future. LG Display relevant personage shows: “It is the vacation in North America and Europe from July to August, the phenomenon that is supply exceeds demand that may present the liquid crystal faceplate. ”
The expert analyzes, it is the routine that the faceplate manufacturer of the liquid crystal takes measures of limiting the production etc. and rescues the city. When the actual demand is lower than the anticipated demand, manufacturers will often reduce the utilization of capacity of the factory, because the output surplus will cause the stock to be a bit high, and then bring the pressure of the fixed price, and may result in suffering the loss by a wide margin from this. Before this, main the intersection of liquid crystal and the intersection of faceplate and the intersection of enterprise and friend, Taiwan of China, reach photoelectricity and very beautiful electron and already represent and cut down the output, but emphasize and drop in production it is only temporarily, the company will adjust the output constantly according to market demand. At present, Samsung has not shown yet whether will participate in getting and dropping the ranks in production too.
Because the stock is too high in first half of main demand person of liquid crystal faceplate such as Hewlett-Packard, Dell, thus reduce stock one after another, cause the faceplate price of the liquid crystal drop sharply by by a wide margin June, July. The analyst expects, the amount of decrease of average price of the whole liquid crystal faceplate will reach 30%-45% in the whole year.
Reduction or becoming domestic to attack the good opportunity in retaliation
General manager of branch company of Hisense Guangzhou Yang YingShi revealed to the reporter, the upstream faceplate was on a price reduction by a wide margin yesterday, it increases panel TVs to be, especially middle to make a reduction in the space while being smaller objectively. “Hisense will involve the a full range of Item Model in the terminal price adjustment which will raise the amplitude peak of this year soon. ”
Yang YingShi analyzes, the upstream liquid crystal faceplate from the beginning of this year because the supply of exceeds the demand to make a reduction continuously, though digested a part during May Day, the market still accumulated the equivalent stock in slack period of June-July. The terminal station that the faceplate lead to the fact makes a reduction, it is expected to besiege to experience foreign capitals brands of the first half of the year collectively domestic panel TVs to sell and play cardiotonic function.
General manager’s high trunking of Guomei electrical appliance of Guangzhou reveals to the reporter, 8% at time when the market share of this channel has been already since May Day of domestic plateform rise to 30%. Data that would rather come from Su prove domestic brand sell and get warm again after a cold spell too.
View the same meet, with the intersection of Hisense and Yang, create, link the intersection of Guangdong and yellow heart, general manager of Branch, think even while being second, except reduction, domestic brand selling point advantage in function already come out, but the foreign capitals brand has not been broken through yet in this respect.
It is reported faceplate on a price reduction to influence liquid crystal, Hisense, create linking, TCL domestic brand, already begin to adjust the terminal price on a large scale, and strengthen the shop goods in the sales field of beautiful to the country, Su Ning,etc.. Country American personage claim, on a price reduction to concentrate inch of the intersection of bedroom and liquid crystals, 42 more than the intersection of large screen and the whole the intersection of high definition and field on, decreasing amplitude is above 30%.
“Escort the note and vie for the selling well blowout before and after eating the Olympic Games, during future week that accidents don’t happen to, the domestic brand will lift and make a reduction collectively on a large scale for the first time from the beginning of this year. ” One domestic brand boss insisting on anonymity shows to the reporter at the same time, Olympic Games and 11 golden week, whom domestic brand stake everything on a single throw best to attack the opportunity in retaliation, “if battle this fight fine, domestic brand make collective routed. ”
The industry generally think, the panel TV sells the upsurge and keeps sustaining until during the Olympic Games this time. But the analyst claims, the domestic brand has avoided the price war and held the value fight high sedulously mostly from the beginning of this year, and bear down menacingly this time, obviously the market glides the pressure to make rightly. If the foreign brand responds to the price war once again, the win and defeat of market is hard to predict.
New developing display technology such as PLED, OLED emerge in an endless stream, and flexible picture element which Microsoft is investing with all strength is studied, will confuse a display technical market that has already surged forward completely
What have the numerous researchers of Microsoft been busy with recently? Non- clear. However, it seems that the leading figure of this software industry has already begun to ” do no decent work ” The ground is expanded to the electronic hardware trade in a more cost-effective manner. According to the professional science magazine ” nature - photonics ” (Nature Photonics) Reveal, Microsoft research room unites Washington and sets up the university, busy developing a kind of new display technology - -Flexible picture element (telescopic pixels) . And ” science and technology is commented on ” (Technology Review) according to U.S.A. Prediction,last application once technology, be replaced in an all-round way by LCD display technologies Off-The-Shelf in short time, makeover the pattern of the market of display unit.
But, whether this kind of prediction can become reality, everything seems premature to say. On the display technical market surging forward, new developing display technology such as PLED, OLED emerge in an endless stream, who can take the lead in a situation that the numerous display technology of future compete for on the same stage? This it is piece that remain, come mystery that untie by time.
All black + highlighted, challenge LCD limit
Fine and thin fuselage, ultrafast response time, compares with dynamically, distinct luminance, the major LCD liquid crystal display equipment on the market, has already passed countless wheels and ” remoulded oneself thoroughly ” at present Evolution,appearance of no matter its beautiful,or superior characteristic,getting more impressive. The intensity that LCD display equipment rises in this world is self-evident.
However, the researchers of Microsoft think, in terms of present engineering level, LCD still has maximal improved leeway. According to the intersection of imaging and principle of LCD, LCD that can not prevent the intersection of background and light from pass totally in the intersection of display unit and inner the intersection of liquid crystal and member its in most fatal weakness. That is to say, the liquid crystal display of the present stage, it is unable to realize all black light completely reveal. Meanwhile, under the situation with complicated light source such as being too bright of the ambient enviroment, LCD display unit can’t be used normally either. In addition, because LCD display unit polarizes the separation of the color filter, 50% background light will be stopped at least. In addition add each kind of natural colored separation, the light of background only has 30% to appear from the screen. And extra metallic-membrane plating, coating will further separate the spread of the light on LCD screen. Finally, dot pair in a poor light do all sorts of treatment, in the intersection of LCD and picture element of display unit, reveal luminance that come out only original 5%~10% probably. In other words, LCD display unit the light quantity has 5%~10% only completely.
Solve these problems, ” prescription ” which Microsoft draws It is theirs ” Flexible picture element ” . Different from traditional picture element, ” flexible picture element ” On surface of expicity each picture element of liquid crystal, have all allocated a pair of optical reflectors. So, this kind of picture element has positive and negative two sides, thus become perfect black picture element, can totally block the spread of the light, realize genuinely that all reveal black. Through exerting the electric current of different flowrate, one side among them of picture element, the shape will be turned from original level into a paraboloid gradually, the polarized beam can reach another side of picture element through it, reveal on the screen. In the laboratory, people can even observe course of these changes directly through the naked eye. Pass this kind of method, ” flexible picture element ” Can rise to light transmittance from 10% present 36%. Meanwhile, it very sensitive to electric current, response time have only 1.5ms probably, compare most LCD reveal delay in 4ms the above-mentioned at the market, regarded as going still one step further.
Display unit technology, with whom would fight for mastery?
Though Microsoft is right ” Flexible picture element ” Research and development progress and it is listing,undoubted, ” flexible picture element ” A heavy scale bomb of picture, let a already highly competitive display technical market become rich in dramaticismer more. In ” flexible picture element ” Before this, PLED, OLED are inclined to replace LCD.
Study OLE (Organic Light Emitting) that started in the sixties of the 20th century ,Namely organic shiny technology, according to using the difference of the organic thin-film material, evolve is two kinds. A kind of small molecular device taking dyestuffs and pigment as material, is called OLED. Another kind, the macromolecule device taking conjugacy macromolecule as material, is called PLED. Both sides are in big families of display devices ” The younger generation ” ,But these two ” Tong Xing ” Getting better generally. OLED is praised as ” The dreamlike display unit ” ,Different from traditional LCD display mode, it does not need the light in a poor light, only adopting very thin organic material to be coated and glass substrate. When there is passing of currenting, the organic material will be shiny in these materials. Meanwhile, OLED display screen can be done lighter and thinnerly, the visual angle is greater, the electrical effect of festival is quite prominent. PLED possess low power dissipation, the intersection of standby time and long, the intersection of material and light and thin, the intersection of speed of response and characteristic such as being fast too, in addition, good temperature behavior, environmental adaptability, let PLED work as usual too under the environment of low-temperature.
” flexible picture element ” Formidable opponent still really many. PLED, OLED small to the risk, with little investment, there are experts to ” flexible picture element ” too Production cost query - -Picture element exceed 2 million a bit at the one the whole the intersection of high definition and screen of 1080p, future the intersection of quadruple and high definition The screen will reach 8 million picture element, higher canonial screen, picture element can even be up to 12 million. Want, it changes flexible picture element into to be pieces of complicated thing very a bit every picture element of product these, even accomplished finally, the price may be very expensive.
We think, the evaluation in telecommunication industry will take place from imagining reality, the return from subject matter to achievement, the present capital allocation tactics should be from the downstream transformation of the upper reaches, we see the light upstream operator, and have an optimistic view of the development prospect of Shang of the downstream apparatus.
Three ministries and commissions notify May 23, declare, perplex long recombination finish four year such as trade, having opened new operation pattern, the operation pattern will be relatively monopolized and will move towards the relative competition progressively, the business innovation mode may replace the simple price competition and become the new competition form in the future. Under relatively definite future development expectancy, we think, the behavior of the basic side of every company determines its trend on capital market finally.
It is estimated the second stage of networking expected to launch TD in the third quarter, about 30 city sizes, would further realize and spread out in China on a large scale in 09. And would release three 3G license plates formally in 09, thus lead the investment scale of fixed assets of telecommunication trade to present prominent growth, and the boom degree of Shang of hoist, therefore the native apparatus trader was under the support of the autonomous innovation policy, will fully benefit from this prosperous rise of degree.
The whole estimate value level of telecommunication trade is still higher than the estimate value centre position of the market at present, the turbulence of the international financial market has influenced the estimate value levels of all kinds of companies including telecommunication trade from the outside greatly, and it is the future changing the relevant company from inside to recombinate even more and manage and develop the route, thus construct the new estimate value level. Think we,in inside and outside because comprehensive function under,it faces that estimate value is lateral to construct every company at telecommunication trade anotherly too, the downward shift perhaps progressively of estimate value level of the telecommunication operator, and the estimate value level of Shang of telecommunication equipment is expected to remain stable and was even promoted.
At present, the estimate value level of telecommunication industry of Hong Kong market will be reconstructed too. The estimate value of telecommunication industry of the Hong Kong market has similarities and differences of a certain degree horizontally and in the world. It is a estimate value level of Shang of the apparatus that identical relatively the average level of the market had certain premiums, the resurgence communication remains all the time to the exponential straight premium rate of the stocks issued by state-owned enterprises of Hang Seng; The premium rate of the fixed telephone operator is negative all the time, but in rising state all the time. But the Hong Kong operator, especially lateral premium of relative market of mobile service operator are too high in range, China Mobile and PE premium rate of CHINAUNICOM remain the positive value all the time since the beginning of 06 ’ Besides specific month) ,But is in course of falling after rise slowly at present. As can reflect the lateral difference of estimate value between two places in CHINAUNICOM and resurgence communication of Hong Kong and A-share trade by comparing his rate of discount in Hong Kong at the same timing. Since August of 06, the two present obvious beginning at a discount, the rate of discount is expanding constantly, until 08 year rebound progressively reach valley floor, while being about January, CHINAUNICOM and resurgence communication rate of discount in the end of June of 08- 28.98% respectively and - 26.48%. Comparatively speaking, estimate value that A-share face pressure large, Hong Kong stock A-share and the intersection of estimate value and competence of the speech still has advantages relatively.
Gradual ruggedization and trader’s prosperous rise of degree of apparatus of the competition efforts between the operators will cause the train of thought of development that the telecommunication industry visits the industry from head to foot and present prominent diversity, and this kind of diversity will be reflected through achievement and estimate value two respect. We think take place from imagine realistic return from subject matter to achievement evaluation in telecommunication industry, the present capital allocation tactics should be from the downstream transformation of the upper reaches.
We see the whole future behavior of the light operator of China Telecom, offer ” neutrally ” Investment grade; Have an optimistic view of native the intersection of apparatus and historical opportunity that trader face soon, pay ” buy in ” Investment grade.
Reaching the aspect of listed company specifically, we offer China Mobile, China Telecom, CHINAUNICOM and China Netcom ” neutrally ” Investment grade,” buy in about resurgence communication offering ” Investment grade.
Learn from medias of foreign countries: According to the estimation of the organization DTC in the industry, last year, global broadband TV (IPTV) User up to 12 million people,to double in the year before last.
This organization estimates, after five years, global broadband TV users will be up to 65 million people.
However, compare with other TV services, the broadband TV is only a little player.
Last year, the delivery amount of the global broadband TV set-box was 8 million, compared with it, the handing over amount of roof box of the wired digital television is 37 million, satellite digital television set-box (receiver) Delivery measure 40 million set.
Within the following five years, such development pattern will not change too greatly.
The analog wired television users of China and India exceed 500 million, these users will move towards digitization gradually in the future, use the wired top box of digital machine, so the annual handing over amount of wired top box of digital machine will exceed 40 million in the following several years.
So-called broadband TV (IPTV) ,Watch the telecast through the traditional telephone line network, because the circuit is the both-way communication, users can really broadcast the program on schedule. Compared with unidirectional transmissive Cable News Network of overwhelming majority, broadband TV is called ” mutual TV ” too . Most broadband TVs are copper wire networks of using ADSL technology to go at present, only a few operators utilize the fiber optic net to the family directly.
