2011

BUSINESS AND TECHNOLOGY REPORT

Prepared by Ferhat nlkal 10/2/2011

BUSINESS AND TECHNOLOGY REPORT

BUSINESS AND TECHNOLOGY REPORT

SEPTEMBER 2011
LG Consumer Electronics (CE) 3DTV FPR Technology Samsung Connected TV Samsung Electronics is looking for the most innovative applications around IPTVs, Blu-ray players and Blu-ray Home Theater Systems, and kicks off the Free the TV Challenge, an initiative that first began 5 years ago. The challenge also marks the roll out of Samsungs 2.5 Software Development Kit (SDK 2.5), which demonstrates Samsungs ecosystem that allows developers to fashion Converged Apps, those which works across multiple screens and runs on TV, PCs and mobile devices. Samsung has added digital movie service, blinkbox, to its Smart TV App store. The new blinkbox app, will give Smart TV viewers access to over 9,000 movies and TV shows online for free or to rent or buy with no post, subscription or download required. LG Electronics Inc. (066570), the worlds second-biggest maker of televisions, aims to raise its market share for 3-D TVs fivefold this year by pushing its technology for lightweight, battery-free glasses. The company will probably reach 20 percent of the market for the devices by the end of 2011, up from 4 percent at the beginning of the year, said Lee Kwan Sup, head of marketing for LGs home entertainment unit. Seoul-based LG aims to pass Samsung Electronics Co. and become the worlds top seller of 3D televisions next year, it said in a statement today. LG and competitors including Samsung and Toshiba Corp. (6502) are pushing 3-D to revive falling demand in major markets. TV shipments will decline through 2015 in Western Europe and Japan and stagnate in the U.S., market researcher IMS Research said. The market will total about 200 million TVs this year, with 3-D accounting for some 10 percent, from 1 percent last year, Lee estimated. South Korea's LG Electronics Inc. (066570.SE) on Sunday said it aims to be the global market leader for 3D television sets by 2012. LG, the world's second-largest flat-screen TV maker by shipments, said around 70% of its new TVs will be equipped with 3D features by next year. It also plans to launch
Samsungs stock performance

BUSINESS AND TECHNOLOGY REPORT

new TVs using organic light-emitting diode technology starting next year.

Sony Playstation Vita Sony will release its next-generation PlayStation Vita games console in Japan on December 17, it said on Wednesday, as it looks to mount a fresh challenge to rivals including struggling Nintendo. Sony had previously said the highly anticipated portable console will hit Japanese stores by the end of the year but will miss the key Christmas holiday shopping season in North America and Europe. The new device is the latest step in Sony's drive to push its content through its game consoles, smartphones and tablet computers amid competition from Apple's iTunes and App store and hardware rivals such as Nintendo.

LGs stock performance

Green New Business LG, South Korea's second largest business conglomerate, said on Sunday it will invest 8 trillion won ($6.83 billion) in "Green New Business" sectors such as electric vehicle parts, LED lighting and sewage treatment industries by 2015. The business group also said it was aiming to generate 10 trillion won in revenues and create 10,000 new jobs through these investments. LG will invest 2 trillion won in the electric vehicle battery area by 2013, 1 trillion won in the photovoltaic, LED and water treatment sectors and 490 billion won in the polysilicon business by 2014. In addition, another 400 billion won was set aside to build facilities to produce solar cell wafers on a step-by-step basis by 2015, according to an LG statement.

Sonys stock performance

Emerging Market- India Sony Corp.'s (6758.TO) India unit said Thursday it expects sales during the festive season of September and October to rise about 35% to INR20 billion ($409 million). Sales would be helped partly by the company's promotional program for products including televisions, digital cameras and home-theatre systems, Sony India Pvt. Ltd. said in a statement. The company added that it aims to sell 400,000 units of LED and LCD televisions during the two-month period. 3

R&D in US LG Electronics USA today officially opened its first Home Appliance Research & Development Center in the United States. Located in Buffalo Grove, Ill., the $6.5 million R&D Center will provide low-volume, high-precision product testing and consumer research using state-of-the-art methodologies and technologies.

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Panasonic Investment in Vietnam Panasonic Group announced on September 8 that it plans to invest an additional $84 million to expand its business in Vietnam in next several years, raising its total investment in this emerging market to $224 million. With positive growth, political stability, potential capable and fast-learning labor force, Vietnam is evaluated as a potential market and one of the key focuses of Panasonics worldwide strategy, the company said in an announcement.

expected turnover of Rs 25,000 crore by then," Panasonic India President Daizo Ito told PTI. Integration of Sanyo North America Corp. Panasonic Corporation of North America today announced that the Kennesaw, GA-based HVAC Products Group of Sanyo North America Corp.'s Commercial Solutions Division will officially be integrated into Panasonic's North American operations on October 1. The unit, which is responsible for sales and service for commercial and consumer HVAC products, will be designated Panasonic Air Conditioning Group.

Vizio Service Problems Vizio, America's second best selling LCD TV brand, is now telling some owners of broken sets that their televisions cannot be repaired. If the set is past the 12-month factory warranty, Vizio advises owners to buy a replacement set from the company.

Panasonics stock performance

Growth in India Panasonic Home Appliances India (PHAI) is targeting a turnover of $40 million in the current year, a top company official has said. Panasonic India Managing Director Mr Hidenori Aso told PTI: The company has been maintaining 30 per cent growth yearon-year. Last year, we registered a turnover of $27 million. Japanese electronics and appliances maker Panasonic today said its Indian operations are expected to contribute about 5% to its global sales by 2015 driven by local manufacturing, exports and enhanced R&D capabilities. "India currently contributes around 2% to Panasonic's global sales, but we expect it to become 5% by 2015 with an

HiSense Connected TV Sources inform "Globes" that China's HiSense Electronic Co. Ltd. (SSE: 600060) will install the touch free interfaces for digital devices developed by Israel company eyeSight in the televisions that it manufactures. HiSense's television sets, which support Internet connectivity with a Google Android operating system will be marketed in the Far East in the first stage, and subsequently in Europe and North America. This is not eyeSight's first major contract in China. Last month, the company reported that it had signed a contract with Chinese content provider Huan TV to provide

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gesture recognition based content to Huan's customers.

Hisenses stock performance

CE Market LED Penetration Young has trimmed his expectations for LED penetration in TVs from 45% to 43% this year, and from 73% to 68% in 2012, as this element of the market moves towards saturation. He also points out that LED backlight penetration of notebook PC displays reached 100% for the first time in the second quarter of 2011.

Taiwan LCD Market Sales of LCD TVs in the Taiwan market grew by 5% on year in the first seven months of 2011 with total LCD TV sales for all of the year expected to reach one million units. Sony recaptured the top rank in July with a 14-15% share.

commanding lead in both revenue and units for IP STBs, Motorola leads in cable STB revenue, and Skyworth Digital leads in cable STB unit shipments. Cable and satellite STB shipments continue to contribute the largest portion of STB revenue due to their large installed customer bases and operators' ongoing upgrades to support digital video, HD (high definition), DVR (digital video recording) and more interactive features. With a strong STB upgrade cycle ebbing in North America and Europe, and with more consumers watching TV online via OTT media players (Apple TV, Roku Media Player, etc.) Infonetics expects the overall settop box market to peak in 2011 followed by overall annual declines in the single digits through 2015 and beyond, despite healthy growth in IP and hybrid IP STBs Emerging Markets Go Digital: pay-TV subscribers in the BRIC (Brazil, Russia, India, China) markets are projected to reach half a billion by 2016 with approximately 75 percent on digital platforms. Global Cable Markets Demand Digital: the percentage of cable TV subscribers worldwide receiving digital signals is expected to grow from 44 percent in 2010 to 79 percent in 2016.

IP STB New In-Stat research identifies the IP set-top-box market segment as one that is growing and is forecasting that unit shipments will surpass 21 million in 2011. The research also finds that the IP set-top-box market will grow 14 per cent in 2011. Motorola remained the market share leader in 2010 with 21 per cent of the market. North American IP STB unit shipments will increase 48 per cent in 2012. In 2013, Western Europe will account for 46 per cent of worldwide IP STB revenues, the research adds.

STB Market Despite sequential declines in cable, IPTV, and hybrid IP/DTT set-top box sales, the overall STB market held steady in 2Q11 at $3.45 billion, down less than a percent, thanks to healthy gains in the satellite STB segment. Pace overtook Motorola by a hair in overall STB revenue in 2Q11, attributed to the fact that it offers solutions across all market segments (telco, cable, and satellite operators) Cisco holds a

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LCD Monitors Despite a market demand of 170 million units of LCD monitors per year, the gloomy economic outlook and uncertainty over Hewlett-Packard's (HP) move concerning its Personal Systems Group have deter vendors from releasing new orders to their OEM partners, sources in the industry said. Shortage of labor in China and fluctuation of exchange rates have also added to the vendors' concerns. OEM makers have suffered the impact as a result. TPV Technology reportedly has will ship more than 60 million LCD monitors in 2011 while LCD TV shipments are expected to reach 12-14 million units. TPV's share price fell to a mere HK$2.27 (US$0.29) recently on September 21, 2011 as a result of a lack of confidence in the market.

revenue. Moreover, embedded systems will require 14.5 billion microprocessor cores by 2015. Taiwan & China focused on domestic sales The prevailing business model for businesses on both sides of the Taiwan Strait will shift from current joint efforts to promote exports to focus on domestic sales in China in the future as China has transformed its status from being a world factory to a world market, according to Terry Guo, chairman of Foxconn Electronics. Eyeing the vast business opportunities that will come along with the implementation of China's 12th fiveyear development plan, Foxconn is strengthening its deployments in a total of 20 segments in China, Guo said, noting that Foxconn plans to expand manpower at a software development unit it set up in Nanjing from 1,000 staff at present, to 5,000. Foxconn is also expected to soon finalize its plans to cooperate with China-based polysilicon and solar wafer provider GCL-Poly Energy Holdings to set up a joint venture in Jiangsu, China, according to industry sources.

Embedded market The market for embedded computer systems, which already generates more than US$1 trillion in revenue annually, will double in size over the next four years, according to a report about to be released by research company IDC. Much of this growth will be propelled by more sophisticated, cloud-connected embedded systems, which will have faster chips, better connectivity and more advanced operating systems and analytical software, IDC predicted. IDC referred to these systems as "Intelligent Systems," and they will grow from 19 percent of all unit shipments of major electronic systems in 2010 to more than 33 percent in 2015. Due to be released next week, IDC's report, "Intelligent Systems: The Next Big Opportunity," states that this year more than 1.8 billion embedded systems will be shipped, which will create $1 trillion in revenue for component makers, software companies and integrators. By 2015, more than 4 billion units will be shipped, which will create $2 trillion in

BUSINESS AND TECHNOLOGY REPORT

ICT Industry Samsung SmartPhone& Tablet PC Samsung is raising the stakes in the growing patent war with Apple. The Korea-based Samsung is expected to seek a ban on the next generation of iPhones in that country, in apparent retaliation for Apple's moves against Samsung in Europe and elsewhere. South Korea's Samsung Electronics, the world's second-largest mobile phonemaker after Nokia, says it has sold 10 million Galaxy S II smartphones worldwide since the device debuted in April. Dell

accused Apple Inc. of patent infringement in Australia, deepening disputes between the companies over smartphone technology.

TabletPC Dell Inc is partnering China's top search engine Baidu Inc to develop tablet computers and mobile phones, targeting the Chinese market now dominated by Apple Inc and Lenovo devices. China is one of the fastest growing markets for tablets and is home to more than 900 million mobile phone subscribers. Analysts said the tie-up could be Dell's way to revive its flagging tablet business.

Mobile Manufacturing in India Korean mobile phone behemoth Samsung Electronics today announced tripling of its mobile manufacturing operations in the country by stepping up its investments to 70 million dollars(Rs 315 crore) in its mobile manufacturing facility at Noida.

Samsung- Microsoft Samsung Electronics, the world's second-biggest handset maker, said on Monday that it will release its first smartphone based on the latest version of Microsoft Corp's mobile operating system starting in Italy from the end of October. Microsoft and Samsung Electronics have agreed to cross-licence one anothers patent portfolios, with Microsoft getting royalties for the mobile phones and tablets Samsung sells that run Google Inc.s Android operating system.
Dells stock performance

LG Mobile Business LG Electronics plans to restructure its domestic mobile operation by reducing marketing staff to improve the struggling business, a source familiar with the matter said on Friday. The move comes after LG, the world's No.3 handset maker, has recorded five straight quarterly losses from mobile phone sales and as cutthroat competition pressures it to speed up restructuring.

Patent infringement in Australia Samsung Electronics Co. filed an appeal against a German courts ban on sales of its Galaxy tablet computers, and

3D SmartPhone South Korean tech conglomerate LG Electronics recently introduced in the 7

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country the LG Optimus 3D, a smartphone featuring Tri-Dual architecture and full 3D experience. Acer Strong Notebook Orders Acer, benefiting from Hewlett-Packard's (HP's) uncertainty about its PC business, has started receiving strong notebook orders from channels in Europe with volumes, as of September 20, already surpassing three million units and rising, according to sources from retail channels. The company's upstream partners all recently received strong short-term orders from Acer, but since most of the ODMs only keep about 10 days of component inventory, supply volumes are expected to fall behind Acer's demand soon. The sources pointed out that after HP announced plans to spin off its PC department, numerous rumors have spread around the IT market, causing downstream channel retailers to turn to players such as Acer and Asustek Computer.

next-generation iPhone, may not begin shipping units until 2012, the report added.

Apples stock performance

Cisco Cooperation with Microsoft Cisco Systems has worked a deal with Microsoft to provide data center virtualization packages that will control Microsoft Windows Server 8 virtual environments on the Hyper-V hypervisor.

Ciscos stock performance Acers stock performance

Foxconn Apple Business iPhone 5 shipments Shipments of the iPhone 5 in the fourth quarter could reach 22 million units, but Pegatron, the other company that Apple has engaged to assemble the Foxconn Electronics (Hon Hai Precision Industry) has reported its August nonconsolidated revenues decreased 6.55% sequentially to NT$214.43 billion (US$7.39 billion). While

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shipments of communication devices and PCs in August remained unchanged compared to July, shipments of consumer electronics fell short of original expectation, which was the mainly reason for the revenue decline, Foxconn said. Industry observers said Foxconn's shipments of iPhone 4 may have decreased in August because of inventory adjustments ahead of the launch of the new iPhone model.

Iphone5 Production Foxconn is reported to be assembling 150,000 iPhone 5s every day, according to reports. Digitimes claims that shipments could reach six million in September, citing industry sources.

ICT Market TabletPC The tablet market is growing faster than expected, new research released today by IDC has found. According to the research firm, 13.6 million tablets were shipped worldwide in the second quarter, representing an 88.9 percent gain over the first quarter of 2011. Even more impressive, that figure was up a whopping 303.8 percent compared to the second quarter of 2010. Such strong performance has prompted IDC to revise its PC shipment forecast up. The research firm now believes that 62.5 million tablets will hit store shelves this year, rather than its previous projection of 53.5 million units. IDC's findings on tablet shipments stand in stark contrast to what the company announced yesterday about PC shipments. The research firm said that total PC shipments this year will only be up 2.8 percent, compared to 2010. What's more, PC shipment growth in 2012 will only hit 9.3 percent. Companies will ship 60 million media tablets in 2011, and 74 percent of those will be Apples iPads, according to an August forecast by IHS Inc. The global market is expected to rise to 275.3 million units in 2015, with Apple forecast to claim 43.6 percent of the market at that point.

Foxconns stock performance

Tablet PC production in Brazil A Foxconn Electronics (Hon Hai Precision Industry) plant in Brazil is ready to start producing Apple's iPads with shipments to begin in December, according to a recent report by Brazilbased UOL, citing Brazil's minister of science and technology Aolizio Mercadante. The plant reportedly is a joint venture between Foxconn and the government of Brazil, with Foxconn contributing a capital of US$12 million. Industry watchers in Taiwan originally expected the plant to kick off commercial operations in the first quarter of 2012. As Apple is expected to launch its new generation iPad in early 2012, the Foxconn plant in Brazil is likely to begin production with iPad 3, the sources asserted. In other news, Foxconn has decided to suspend a plan to issue NT$6 billion (US$202.53 million) worth of corporate bonds as interest rates offered by investors were not up to the company's expectations, according to Foxconn.

E-readers IDC also took a quick look at e-readers. The research firm found that 5.4 million e-readers shipped last quarter, down 9

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percent compared to the first quarter of 2011. However, year-over-year growth was 167 percent. Amazon's Kindle led the market with 51.7 percent market share during the second quarter, followed by Barnes & Noble's Nook at 21.2 percent share. Looking ahead, IDC says that the e-reader space will grow quite rapidly over the next two quarters, reaching total 2011 shipments of 27 million units. The research firm originally expected 16.2 million ereaders to hit store shelves this year. MEMS sensors for smartphones & Tablets The market for MEMS sensor and audio devices for smartphones and tablets will reach more than $1.5 billion in 2016, a report said. The ABI Research report also said MEMS vendors range from large multi-national and multiproduct suppliers such as STMicroelectronics, Bosch, Texas Instruments, and Freescale Semiconductors, down to suppliers focused on the MEMS market with relatively small product portfolios such as VTI, InvenSense, and Memstech.

Panel Industry Sony, Toshiba, Hitachi JV in Japonese Panel Industry As expected, Sony, Toshiba and Hitachi have agreed to spin off and merge their LCD display businesses, to create Japan Display KK, the worlds largest maker of mobile screens, to fend off competition from Korea and Taiwan. The transaction should be completed early next year, subject to antitrust approval, and will be 70% owned by the government backed Innovation Network Corporation of Japan, which will invest 200 billion yen ($2.6 billion).

Hitachi Super advanced LCD for smartphones Back in February this year, Hitachi Displays took the wraps off a superadvanced LCD for smartphones that boasted a 4.5-inch IPS LCD with 720 x 1,280 resolution. Fast forward to today, and the company is now announcing [JP] the development of a very similar panel with (almost) the same quality that costs 10-20% less than touch displays currently used in smartphones.

Hitachis stock performance

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Corning Capital Expenditures Corning recently announced that it expects its display technologies division to hit a rough patch in the second half this year due to concerns about a drop in customer demand for LCDs. Cornings display technologies division manufactures glass substrates for LCDs that are used primarily in notebook computers, flat panel desktop monitors, and LCD televisions. In the LCD market, Corning mainly competes with Asahi Glass, Nippon Electric Glass, and Avan Strate, Inc. Corning expects its overall capital expenditures in 2012 to stand at around $1.9-2 billion, lower from the $2.4 billion in 2011. After 2012, a migration to thin glass will help reduce the need for new and large capacity additions thereby leading to lower capital expenditures in the display technologies division. This can accelerate the decline in capex as a percentage of EBITDA compared to our current projected decline over the midterm.

Novaled (Dresden, Germany) has been operational since 2003 and has developed OLED materials for display and lighting applications. The firm's PIN OLED and other technologies are based on more than 400 patents granted or pending, which provide Novaled with a strong intellectual property position in the OLED field. PIN OLED aims at reducing the energy consumption while offering longer lifetimes compared with other companies' products. LG Display iPad2 Panel Quality issues Display manufacturer LG was reportedly struggling to meet production targets for Apple's iPad 2 LCD due to quality issues (particularly a "light leak" issue noted in early models). According to a report from DigiTimes, LG has solved those issues and is back to cranking out displays for Apple as fast as it can make them. LG reportedly built 4 million displays for the iPad 2 in August, and it's expected to build another 4 million this month. Considering that iPads don't usually hang around on shelves for too long, the implications for Apple's quarterly iPad sales are pretty staggering. If Apple is really selling 4 million of these things every month, that puts the iPad on a very rapid track to being the bestselling consumer electronics device of all time. According to DigiTimes's source, "Apple's iPad 2 shipments are expected to reach 12-15 million units in third-quarter 2011, which will benefit its suppliers." No doubt it will be a benefit to Apple too.

Cornings stock performance

Samsung OLED Investments Organic light emitting diode (OLED) materials specialist Novaled AG has said it has received an undisclosed amount of financial backing from Samsung Ventures Investment Corp. 11

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the company can improve production process, enhance product value, and adjust development direction of new technologies, KY Lee, chairman of the LCD panel maker, has revealed.

Multi-Touch & 3D
LG Displays stock performance

AUO Sustainability Word Index AU Optronics Corp. ("AUO" or the "Company") (TAIEX: 2409; NYSE: AUO) today announced that following its inclusion in Dow Jones Sustainability World Index (DJSI World) for the first time in 2010, the Company has been again named as a member of DJSI World this year, and a member of DJSI Asia/Pacific for three straight years. AUO is currently the only pure TFT-LCD manufacturer worldwide to have held this record, accentuating the Company's presence as one of the leading sustainability-driven companies in the world.

IDENT Technology AG and AU Optronics Corporation today announced a strategic partnership to jointly develop a new generation of Multitouch and 3D Displays with integrated long range free-space 3D gesture control capabilities. Beyond other segments the fast growing tablet PC market will be targeted first.

Minor fire problem TFT LCD panel maker AU Optronics (AUO) has reported that a minor fire took place at a plant at the Central Taiwan Science Park (CTSP) on September 16, 2011 due to a gas leak. The fire was extinguished quickly with no major damage reported, and operations at the plant were unaffected, the company said.

CMI Loan Agreement Chimei Innolux (CMI) is planning to sign a syndicated loan of US$1-1.5 billion with a banking consortium led by China Trust Commercial Bank (CTCB), the Chinese-language Commercial Times reported on September 13. CMI signed another syndicated loan earlier in the year to raise NT$60 billion (US$2.03 billion) from a group of banks led by Taiwan Bank, the paper added.

AUOs stock performance

Capital expenditures AU Optronics (AUO) has reduced its 2011 capex to less than NT$70 billion (US$2.3 billion), down 30% from NT$90-95 billion, and does not rule out the possibility of further slashes so that

Anti-Trust The Chi Mei Group hopes that AU Optronics (AUO) can win the anti-trust lawsuit filed against the LCD panel

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maker by the US Justice Department, according to a Chi Mei executive.

Tablet PC Panels Chimei Innolux (CMI) has become a major tablet panel supplier after taking up over 10% of the market in August 2011, according to Displaybank. The research firm said that CMI's share of the tablet panel market reached 11% for the first time since it began increasing shipments to tablet applications three months ago. CMI converted part of its 5G capacity to produce tablet applications at the end of 2010, but its shipments only began to see meaningful increases in May 2011 after some quality issues were solved, said Displaybank, adding CMI became a supplier of 9.7-inch panels for Apple's iPad in June 2011. AU Optronics (AUO), on the other hand, has maintained a steady 10% share of the tablet panel market since March 2011, Displaybank said. AUO focuses on 10.1-inch panels for Android tablets. Korean makers accounted for almost 80% of the world's tablet panel supply in August but are facing growing competition from Japanese makers such as Sharp, Displaybank said, adding that Taiwanese makers may also feel the impact in near future.

panels over 40-inch, the company indicated. Currently, Taiwan-based TFT-LCD panel maker Chi Mei Innolux (CMI) accounts for 85-90% of Chi Mei Materials' revenues and Chunghwa Picture Tubes and HannStar Display a combined 10-15%. As Chi Mei Materials' supply occupies less than 50% of CMI's demand for polarizer films, there is room for CMI to increase order volumes, Chi Mei Materials indicated. In addition to polarizer films, Chi Mei Materials has developed OCA (optical clear adhesive) and begun small-volume shipments as well as polarizer films used in IPS panels which are under product certification. With four existing production lines for polarizer films, Chi Mei Materials will not expand capacity in the near future but will consider increasing production capacity through improving manufacturing processes when the existing capacity is fully utilized, the company indicated. CPT Business LCD panel maker Chunghwa Picture Tubes (CPT) has posted total revenues of NT$29.76 billion (US$1.02 billion) for first-half 2011, declining 25% compared with the same period in 2010. Loss per share reached NT$0.84, compared to loss of NT$0.69 in the same period last year. CPT's cost of goods sold totaled NT$3.32 billion in the first half, resulting in a negative gross margin of 12.72%. The company reported an operating loss of NT$6.4 billion. CPT's shipments to the notebook, e-paper backplane, and smartphone segments are expected to grow with the coming of the peak season in second-half 2011.

Vertical Integration-CMI Materials Polarizer film maker Chi Mei Materials Technology, in view of fast growing demand from TFT-LCD panel makers in China, has set up a wholly owned subsidiary in eastern China specifically for tapping the market, and has had polarizer films enter certification by potential clients, according to the company. Chi Mei Materials currently has 50% of its polarizer films used in panels of LCD monitors and 40% used in small-size LCD TV panels, and is developing models for use in LCD TV

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CPTs stock performance

3Ms stock performance

BOE 8.5G TFT-LCD panel Production BOE Technology's (BOE) first 8.5G TFT LCD panel production line began trial operations in June 2011 and is expected to enter mass production in October. According to industry sources, BOE has been developing high-end products and may begin production of 3D TV panels using film patterned retarder (FPR) technology at the end of 2011 or beginning of 2012. BOE reportedly plans to release modules for 240Hz 3D TV in fourth-quarter 2011 and 480Hz products in 2012, according to the sources.

Flat Panel Market Shipments in August Overall shipments of large-size LCD panels in August 2011 climbed slightly on month. Panels for TVs, monitors, and notebooks all also showed small increases. Demand from emerging markets was the main driver for the growth, according to industry sources. WitsView statistics showed that panel shipments to the notebook and monitor segments rose nearly 5% and 8.5%, respectively, on month in August 2011. The overall shipments of large-area panels climbed about 5% on-month in August. In Taiwan, AU Optronics's (AUO) total large panel shipments exceeded 10 million units in August, up 1.9% compared with July 2011. The maker's small- to medium- size panels also rose 13.9% on month in shipments for the month. Chimei Innolux's (CMI) large-size panel shipments slid 3.4% on month in August. Its small- to mediumsize panels climbed 24.2% on-month in August. Sources attributed the shipment growth in August to rising demand in emerging markets but added that panel sales will decline in the third and fourth quarters, due to weak demand from the TV and notebook sectors. Some panel makers already lowered their shipment goals as early as first-half 2011 while others have been reducing panel production in the third quarter, sources pointed out. A roughly 10% on-quarter decline of

3M Investment in Pixel Qi 3M Co. said Monday it has invested in LCD panel maker Pixel Qi Corp. Pixel Qi has operations in Taiwan and San Bruno, Calif. 3M said the company designs LCD screens that solve problems not addressed by conventional screens. Its first products are sunlight-readable, low-power LCD panels aimed for mobile devices.

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panel orders from notebook makers can be expected in the fourth quarter, they said. Panel Prices in September Prices of large-size TFT-LCD panels have reached a record low in September 2011, with 18.5-42-inch panels dropping US$1-3 from the August levels, according to Displaybank. Price for 18.5-inch monitor panels fell US$1 on month to US$54 per unit. Price for 15.6-inch notebook panels stands at US$43 per unit, down US$1 compared to the August level. Panel prices for 32- and 42-inch TVs each fell US$3 on month to US$134 and US$215 per unit, respectively, according to Displaybank. The financial crises in the US and Europe and the ensuing economic uncertainly have deterred demand for panels. Vendors in China are conservative about sales during the upcoming National Day shopping season in October, the research firm said. But new investments in large-size panels have continued, promising to worsen the oversupply situation, Displaybank noted. BOE Technology's 8G production plant has ramped up production. China Star OptoELectronics Technology (CSOT), a company under The Creative Life (TCL), will kick off its operation in fourth-quarter 2011. An LG Display (LGD) 8G plant is planning mass production in 2012. The supplydemand imbalance would send panel prices tumbling further until they reach the cash cost levels, Displaybank said.

million units and the latter increasing 15.2% on-month to 42.13 million units. AUO's August shipments of small- to medium-size panels reached 17.75 million units, with an on-month increase of 13.9%. CMI's shipments to the segment climbed 24.2% to 39.84 million units. AUO, CMI, and CPT have posted consolidated revenues of NT$33.27 billion (US$1.13 billion), NT$42 billion, and NT$5.17 billion for August, with on-month growths of 1.6%, 2%, and 10%, respectively, as a result of increases in shipments of both small- to medium-size and large-size panels. HannStar's non-consolidated revenues of August declined 5.35% on month to NT$3.22 billion, due to reduced shipments of large-size panels. CPT said sales grew on rising demand for e-paper backplane, telematic and handset applications and revenues from touch sensors also contributed to the growth. The company said collaboration with E Ink has been a stable source of orders. Market observers have forecast strong demand for small- to medium-size panels in third and fourth quarters of 2011, citing the launch of iPhone 5 and new HTC smartphones. Shipments of the iPhone 5 could reach 25 million units in the fourth quarter, the observers said. New tablet devices may also boost demand for small- to medium-size panels, they said. Amazon's shipment goal for its tablet devices is said to be five million units in 2011. Component suppliers for Apple's iPad 3 are expected to begin shipments in fourth-quarter 2011, the observers said. Small to Medium Size segment in China Greater China is expected to account for 65.3% of the world's small- to medium-size TFT LCD panel and cell shipments in 2011, gaining 4.1 percentage points on-year, according to the latest data collected by Digitimes Research. China's enlarging handheld device market and international buyers' increased orders for Taiwan makers

Small to Medium Size segment in August Taiwan-based LCD panel makers AU Optronics (AUO), Chimei Innolux (CMI), Chunghwa Picture Tubes (CPT), and HannStar Display enjoyed double-digit growths in shipments to the small- to medium-size segment in August 2011. CPT and HannStar both posted record small- to medium-size panel shipments for the month, with the former's volume rising 22% on month to 47.06

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have driven up shipments to the region. Korean panel makers' purchase of LCD cells from fellow suppliers in the region is also on the rise, leading to Greater China's increased share of shipments. Demand for small- to medium-size TFT LCD panels began seeing significant growth in 2006 when mid-range feature phones began switching from STN LCD displays to TFT LCD and demand from China's white-box handset market surged. In China, demand for small- to mediumsize panels has been growing fast from portable navigation devices (PND), portable media players, and others. LCD panel shipments to Chinese TV vendors rose 10% on month to reach 3.5 million units in August in preparation for the country's National Day holiday shopping in October, according to Displaybank. The research firm also noted increasing shipments of 3D and LED-backlit panels to Chinese TV vendors. Shipments of 3D TV panels surged 77.2% on-month in August, while LED-backlit panels rose 24.7% on month. Shipments of cold cathode fluorescent lamp (CCFL) models also gained an on-month increase of 15.3%. But open cell shipments slid 5.9% onmonth. Chimei Innolux (CMI) accounted for 31.9% of the TV panel shipments to China in August. LG Display (LGD), AU Optronics (AUO), and Samsung Electronics took up 21.4%, 20.6%, and 20.2% of the shares, respectively, said Displaybank.

Semiconductor Industry Samsung Memory South Korean firm Samsung Electronics Co. Ltd. has announced that it has begun operations of its new memory semiconductor fabrication facility, touted to be the largest in the industry. The opening ceremony was held at Samsung's Nano City Complex in Hwaseong, Gyeonggi Province where the Line-16 fab is located.

Intel Meego OS Intel Corp. is dropping its MeeGo mobile operating system to support the Tizen project, an initiative announced by Linux-oriented non-profits The Linux Foundation and the LiMo Foundation. The report is based on Intel's Imad Sousou's blog entry talking about the future of MeeGo. Sousou is the director of Intel's open source technology center.

Intels stock performance

Broadcom Acquisition of NetLogic The communication processors industry has been taken aback with Broadcom

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Corp.'s acquisition of NetLogic Microsystems Inc. for $3.7 billion. The deal has provided the company a solid entry point to the market, presently dominated by Freescale, Intel and Cavium Networks.

Cooperation with S3 S3 Group, a global enabler of the highest quality digital TV Content Delivery Platforms, today introduced the result of their collaboration with Broadcom Corporation (NASDAQ: BRCM), to deliver digital TV broadcast and services to multiple devices within the home including residential gateways, tablets, laptops and other consumer devices. Broadcom is a global innovation leader in semiconductor solutions for wired and wireless communications.

40 nm HD Cross Platform SOC

Broadcoms stock performance

Digital TV Broadcom has quietly shut down its digital TV operations, including offices from Toronto to Pennsylvania to China. The closures began earlier this week (Sept. 19), EE Times has confirmed. Broadcom reportedly plans to call it quits from the chip market for TVs and Blu-ray players due to low gross margins and return on equity (ROE) generated from the product lines a move which is likely to benefit Taiwanbased IC design houses MediaTek and MStar Semiconductor, according to industry sources in Taiwan. Since Broadcom has been bundling the sale of its TV and Blu-ray chips, MediaTek will benefit most from Broadcon's possible move as the local handset solution vendor also produces chips for TVs and Blu-ray players, the sources noted. MStar may benefit less than MediaTek if Broadcom withdraws from the TV and Blu-ray chip markets as the company currently focuses mainly on solutions for handsets, TVs and set-top boxes (STBs). Broadcom is also one of the top vendors for STB chips globally, and it remains to be seen if the company will also withdraw from the STB chip market, the sources said.

Broadcom Corporation (Nasdaq: BRCM), a global innovation leader in semiconductor solutions for wired and wireless communications, today announced its 40nm HD Cross-Platform Global Digital TV Transport Adapter (DTA) system-on-a-chip (SoC) product family. By converting TV programming from analog to digital, Broadcom is paving the way for the expanded network capacity that operators require in order to deliver more interactive HDTV programming and services around the globe.

40 nm Powerline Communications (PLC)

Broadcom Corporation (NASDAQ:BRCM - News), a global innovation leader in semiconductor solutions for wired and wireless communications, today announced the industry's first 40nm single chip monolithic Powerline Communications (PLC) SoC that is HomePlug AV 1.1 certified and IEEE 1901 compliant. Using existing residential electrical wiring to create a home network, Broadcom's BCM60321 Powerline Networking SoC enables increased in-home network coverage for an easier plug-n-play connected home experience.

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STMicroelectronics Cooperation with Microsoft STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications and the leading supplier of MEMS (Micro-ElectroMechanical Systems) for consumer and portable applications(1), has collaborated with Microsoft to develop a motion and orientation Human Interface Device (HID) sensor solution running on the Windows 8 operating system. ST's sensor solution will be demonstrated at the Microsoft BUILD conference, September 13-16, 2011 in Anaheim, CA.

Qualcomm booth during GridWeek will include solutions from Ambient Corporation, Consert Inc., SmartSync and Digi International.

Qualcomms stock performance

Hitachi Acquisition of BlueArc Hitachi Data Systems Corporation (HDS) has announced a significant milestone in its strategy to give customers seamless access to all data, content and information with the acquisition of BlueArc Corporation. Building upon a successful 5 year OEM partnership, Hitachi Data Systems and BlueArc will give customers the unmatched combination of Hitachi enterprise-class quality, reliability and support with innovative, highly scalable, high performance BlueArc network attached storage (NAS).

STs stock performance

Qualcomm SmartGrid Qualcomm Incorporated (NASDAQ:QCOM - News) will be showcasing innovations in cellular communications for Smart Grid deployments at GridWeek 2011, September 12-15, in Washington D.C. The exhibit will feature multiple vendor solutions with embedded Qualcomm cellular chipsets, covering a wide variety of Smart Energy devices including Distribution Automation Gateways, cellular-enabled Smart Meters, Home Energy Management Systems and Smart Electric Vehicle Chargers. Technology on display at the

Trident Cooperation with Philips Trident Microsystems, Inc. (NASDAQ:TRID - News), a leading provider of set-top box and TV semiconductor solutions, today announced that the Trident TV550 System-on-Chip (SoC) and FRC-V 240Hz Picture Quality Engine have been chosen to power Philips' complete range of Smart LED and 3D TV solutions featuring Philips' 3D Max

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technology. 3D Max remains the pinnacle of Philips' home 3D technology and is included in all of Philips' top-end performance products powered by Trident DTV chipset solutions, including the 9000 series Smart LED TVs, 8000 series Smart LED TVs, and Cinema 21:9 Platinum series.

The advanced security measures provide a hardware foundation for conditional access and rights management systems in set top boxes using the Trident TSC100 family of STB SoCs. Mstar Business In other news, MStar said that its sales guidance for the third quarter of 2011 should remain on track. The company estimated third-quarter revenues at US$303-318 million, representing a growth of 5% to 10% compared to the second quarter.

Tridents stock performance

Cooperation with Loewe Trident Microsystems, Inc. (NASDAQ:TRID - News), a leading provider of set-top box and TV semiconductor solutions, today announced that the Trident PNX5130 has been chosen to power Loewe's newly announced Individual Compose 3D line of HD televisions. Loewe's Individual Compose 3D offers full-HD, 400Hz, 3D motion picture display, individual configuration for various living arrangements, energy efficiency, and new on-screen menu and multimedia features.

Mstars stock performance

Digital Cable STB Solution MStar Semiconductor has announced that its set-top box (STB) solutions have been selected by cable operator Taiwan Broadband Communication (TBC). MStar's STB chips adopted by TBC have received technical certification from Nagravision, a provider of conditional access systems (CAS), MStar indicated. TBC recently unveiled plans to invest NT$2 billion (US$68 million) in digital cable TV services over the next five years. The cable operators said it will spend NT$1.5 billion on STB procurement, with new devices set to be installed starting November.

Cooperation with CRI Cryptography Research, Inc. (CRI), a division of Rambus Inc. (NASDAQ:RMBS), today announced that Trident Microsystems, Inc. (NASDAQ:TRID), a leading provider of set-top box (STB) and TV semiconductor solutions, has integrated CRIs CryptoFirewall security technology into Tridents new TSC100 family of STB System on Chip (SoCs).

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Cooperation with CRI Cryptography Research, Inc. (CRI), a division of Rambus Inc. (NASDAQ:RMBS) and MStar Semiconductor, Inc., (3697.TW). a global leader in silicon solutions for the consumer and communication markets, today announced that MStar will license CRIs CryptoFirewall security technology for integration into its multimedia system-on-a-chip (SoC) settop box chips. The advanced security core will help MStars customers provide robust hardware security in their set-top box solutions.

battery life in mobile devices. The first panel, titled Extending Battery Life of Mobile PC through Panel Self Refresh Technology, will discuss solutions and methodologies for extending battery life in mobile devices. Attendees of this panel will be provided with an in-depth overview of approaches for extending battery life, including platform power reduction, system power management, software optimization, and the implementation of power management guidelines for PCIe, USB, DisplayPort, and SATA devices using interconnect bus extensions. Semiconductor Market

Motorola Investment in online video management Motorola today announced that it has invested an unspecified sum in Ooyala, a company that provides online video management, analytics, personalization, and monetization technology and services.

MEMS As MEMS enters the mainstream, the high-volume markets will favor mergers and acquisitions over the next five years, as the larger player fill in the gaps of their integrated solution for OEMs, who must fuse the outputs of multiple MEMS sensors for a wider variety of applications than just tablets and phones. ABI forecasts that the market for MEMS chips will grow to nearly $1.5 billion in 2016, driven by soaring sales of touchscreen tablets and smartphones. The overall MEMS market, including electronics, displays, sensors/actuators and microfluidics, is expected to grow from $10 billion in 2011 to $18 billion by 2016, according to market research firm Yole Development.

Motorolas stock performance

VESA Displayport The Video Electronics Standards Association (VESA) will participate in two panels at the 2011 Intel Developer Forum (IDF), discussing Embedded DisplayPort (eDP) and extending

MEMS figures

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Taiwan based IC design Houses Taiwan-based IC design houses MediaTek, MStar Semiconductor and Global Unichip are expected to upwardly adjust their respective projected revenues for the third quarter of 2011 due to better-than-expected revenues performance recorded in the July-August period, according to industry sources. MediaTek's combined revenues for July-August totaled NT$15.5 billion (US$520.5 million), lagging only NT$6.5-7.5 billion behind its target of NT$22-23 billion for the third quarter. MediaTek's September revenues are expected to exceed the NT$8.3 billion recorded in August. MStar posted combined revenues of US$202 million during the July-August period, leaving a gap of US$101-116 million for the company to reach its revenue guidance of US$303-318 set for the third quarter. MStar's revenues will stay at high levels in September, the sources estimated. Global Unichip's revenues are likely to grow 20% sequentially in the third quarter, higher than the 10% growth previously expected by other market observers, thanks to orders for base band chips from Korea and TV chips from Japan, the sources noted.

Software Industry Microsoft Windows 8 for tablet PC Microsoft Corp. unveiled an upcoming version of its Windows operating system that can run handheld touchscreen computers, aimed at narrowing the lead of Apple Inc.s iPad in the market for tablets. Software developers will be able to download a preview of the program, called Windows 8, later this week, the company said in a statement. The product lets users display favorite applications, people and information in tiles on the main screen. It will allow ultra-thin personal computers and tablets to turn on instantly and run all day on a single charge. Microsoft launched Windows Phone 7 almost a year ago, and several major device manufacturers like HTC, Samsung and LG launched Windows Phone 7 smartphones right away. The initial reviews were very encouraging though the released sales data came in low compared to Googles Android and Apples iOS, its main competitors. At the BUILD conference, Steve Ballmer confirmed this disappointment when he stated, We havent sold quite as many probably as I would have hoped we would have sold in the first year. Microsoft makes most of its revenues from Windows and Office. Windows Phone 7 isnt expected to turn into a major revenue driver anytime soon. The entire Entertainment and Devices division, including the Xbox and Windows Phone 7, accounts for a little under 10% of the total $28 Trefis price estimate for Microsoft. Microsoft just showcased the developer preview of Windows 8, its next generation operating system for computers and tablets. We wrote recently on how Windows 8 could be a hit for Microsoft in a note titled Windows 8 Shows Blockbuster Potential with Tablet Focus

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& Major Overhaul. It comes with the Metro UI, similar to Windows Phone 7. Microsoft is also planning to launch an app store to supports its range of devices including desktops, tablets and smartphones in a nod to Apples powerful ecosystem. With Googles Motorola acquisition, Windows Phone 7 may now be widely viewed as the best alternative to Android and iOS. Samsung and HTC are expected to launch more smartphones powered by Windows Phone 7 as well as tablets powered by Windows 8.

comment on the purchase, according to the story, which says the deal follows up on a similar Google purchase of 1,030 IBM patents in July. Google recently sold nine mobile patents to HTC to help the Android device vendor defend against an Android-related lawsuit from Apple. Google will acquire some 17,000 patents as part of its planned $12.5 billion acquisition of Motorola Mobility, Inc. (MMI).

Googles stock performance

Microsofts stock performance

Google Patent wars Google has purchased 1,023 patents from I BM to help it fight back in the patent wars. Meanwhile, one analyst says Motorola Mobility blackmailed Google into paying a high price for the company, Samsung and Apple have traded Galaxy Pad-related lawsuits in France and Japan, respectively, and analysts are debating which company had the most to gain from this week's Android pact between Google and Intel. Aiming to improve its patent portfolio against mobile-related lawsuits, Google purchased 1,023 patents from IBM, reports Bloomberg, pointing to a U.S. Patent and Trademark Office web page where the transactions were recorded. Neither Google nor IBM would

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Automation Industry Honeywell Home Automation systems Honeywell International Inc. and Opower said Tuesday they plan to work together to build devices that will help customers cut their energy use. Honeywell, which develops automation and control systems for homes, will combine its expertise with Opowers work in energy data analysis. The companies say theyll develop a programmable thermostat that can be monitored by utilities and homeowners via the Internet. The device will measure the homeowners energy use. It will also suggest and implement changes to energy use to save money.

technology for the security industry. The company's recently introduced PowerG wireless communications technology offers increased communications range and superior 128-bit encryption to secure communication between wireless sensors/detectors and panels. The PowerG technology builds on Visonic's PowerCode technology which is in use in more than 1 million wireless installations around the world. The business has annualized revenues of more than $75M.

Tycos stock performance

Control4 IP Based Home Control

Honeywells stock performance

Tyco Acquisition of Visonic Tyco International Ltd. announced recently that it has reached an agreement to acquire Visonic Ltd., a global developer and manufacturer of electronic security systems and components, for approximately $100M in cash. The acquisition will strengthen the wireless product and technology portfolio and market presence of the Tyco Security Products business in the intrusion security market. Visonic is a leader in developing advanced wireless

Control4, a leader in affordable IPbased home control systems introduces a new portable touch screen to their award-winning touch screen family. The Control4 7" Portable Touch Screen offers two-way intelligent control and navigation of a Control4 system. With a capacitive full-color LCD panel, the new touch screen has a sleek look and dedicated control functionality that homeowners are unable to get from other tablet devices.

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Zigbee Building Automation The ZigBee Alliance, a global ecosystem of companies creating wireless solutions for use in energy management, commercial and consumer applications, today announced it has completed development and ratified the ZigBee Building Automation standard.

Service Industry Comcast Broadcasting & iPad TV Comcast's long-referenced plans for live iPad TV are getting close, a leaked guide showed Friday afternoon. The option, now christened AnyPlay, will stream live TV over an iPad or certain other tablets as long as they're on WiFi in the home, MacRumors saw. Viewers will need a special Motorola set-top box to watch, though, and will be limited to one tablet at a time for a maximum of ten registered tablets.

Automation Market Home Automation The global home automation and control systems market is estimated to grow from $16,888.27 million in 2011 to $35,627.83 million in 2016 at a CAGR of 16.1% for the same period. The global home automation and control system market is dominated by entertainment control market that comprised 22 % of the overall revenues in 2010. However, the home automation market [http://www.marketsandmarkets.com/ Market-Reports/home-automationcontrol-systems-market-469.html ] and control systems market for communication, standards, and protocols and outdoor control is expected to grow with relatively higher CAGR of 25.0% and 23.7% from 2011 to 2016 respectively.

Comcasts stock performance

Turkcell TeliaSonera Swedish telecommunications firm TeliaSonera AB (TLSN.SK) Friday said a court has ordered Cukurova Holding to pay damages to TeliaSonera related to the fight for control of Turkcell Iletisim Hizmetleri AS (TCELL.IS). According to TeliaSonera, an arbitration tribunal of the International Chamber of Commerce has ruled for Cukurova to pay $932 million worth of damages, excluding interest from June 2007, to TeliaSonera. The conflict relates to control of Turkey's largest mobile operator Turkcell, in which TeliaSonera has a 37% stake.

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Automotive Electronics Industry Automotive Electronics Market In-Dash Navigation Technavio's analysts forecast the Global In-dash Navigation Systems market to grow at a CAGR of 6.4 percent over the period 2010-2014. One of the key factors contributing to this market growth is the increasing number of collaborations between automobile manufacturers and in-dash manufacturing companies. The Global In-dash Navigation Systems market has also been witnessing increasing product commoditization for in-dash navigation systems. However, increasing popularity of GPS-enabled smartphones could pose a challenge to the growth of this market.

Turkcells stock performance

MEMS in Automotive Driven by the aggressive implementation of vehicle safety and pollution mandates, China has emerged as the world's fastest-growing country for sales of automotive MEMS, according to IHS iSuppli. China's automotive MEMS market is expected to expand to US$387.9 million in 2015, up from US$194.3 million in 2010. This equates to a five-year CAGR of 14.8%, significantly higher than the worldwide average of 9.0%, said IHS. "MEMS are a key enabling technology to improve the safety and reduce carbon emissions in motor vehicles," said Richard Dixon, senior analyst for MEMS and sensors at IHS. "With China's car sales booming and its sensor usage soaring, the country's automotive MEMS market is set for world-leading growth through the year 2015." The expansion of the global automotive MEMS market is being fueled by a revived passenger vehicle industry, which is projected to rebound from the economic slump. Production of passenger cars for the China market is set to increase to 22.2 25

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million units in 2015, up from 16.3 million in 2010, IHS indicated. Overall, China will remain the world's third biggest user of automotive MEMS sensors during the five-year period, ahead of Japan and a collection of countries under the designation "Rest of the World," IHS noted. North America will continue to lead the space, followed by Europe. Global automotive MEMS revenues are forecast to hit US$2.9 billion in 2015, up more than 50% from US$1.9 billion in 2010, according to IHS. China's profile is rising in automotive MEMS because the country is playing catch-up in both safety applications for vehicles and in emissions-related purposes.

Hospitality Industry Quadriga Acquisition of SmoovieTV Quadriga has today announced the acquisition of SmoovieTV, the specialists in the provision of a patented TV paywall solution to the hospitality and healthcare markets. The SmoovieTV acquisition is the first step in Quadriga's new growth strategy and will enable the business to reach the wider hospitality market and increase its range of TV based communication and entertainment solutions.

Acquisition of NxSystems As part of its growth strategy, Quadriga has acquired NxSystems, LLC to provide an established and strong platform to enter the Americas market. NXTV is the widely recognised brand of NxSystems, the leading provider of IP based entertainment and service delivery platforms to premium hotel brands in North America. Quadriga acquired NxSystems from Pivotal Group.

Acentic Growth in Asia Acentic, a leading supplier of broadband systems and digital interactive TV (iTV) for the hotel industry, announced today the opening of Acentic Asia, a subsidiary of Acentic Ltd.

Anevia IP Head-end Anevia, a leader in video streaming solutions and service infrastructure for live TV and video on demand (VOD), today announced the release of Flamingo XL, a new modular and high

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density IPTV head-end product for hospitality and corporate markets.

Payment Industry Verifone Cooperation with Google VeriFone Systems designs and sells both hardware and software payment systems worldwide. In May, VeriFone announced it was partnering with Google and retailers such as Macys, Radio Shack, Foot Locker and Guess to deploy Google Wallet, an Android app that lets customers use virtual versions of their existing plastic cards stores on their phones. PAY was founded in 1981 and has a market cap of $3.2 billion.

Verifones stock performance

Hypercom Equinox Payments Hypercom USA, ismini Equinox Payment olarak deitirdi. Firma, Amerikada Hypercom markal rnlerini desteini vermeye devam edecektir.

Mastercard Mobile Payment Bank of Montreal and MasterCard Canada launched new technology on Tuesday allowing customers to pay for transactions using a sticker attached to

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their mobile phones. BMO becomes the first major bank to roll out a mobile payment system.

US Dataworks In-Store Payments US Dataworks, Inc. (OTC Bulletin Board: UDWK), a leader in payment processing solutions, announced today the launch of PayItFast, a first-of-itskind cloud-based solution for automating in-store (walk-in) payments. PayItFast revolutionizes instore payments by eliminating the need for a computer at the point of payment acceptance. Plus, PayItFast accepts all payment types, including checks, cards, and cash. PayItFast centralizes payments received at all locations into the Clearingworks payment platform for improved financial controls, ease of integration with Customer Information System (CIS) or accounting systems, and reduced processing costs. Businesses can now offer the convenience and timeliness of in-store payments without the hassle and expense of current product offerings. Recent studies identified a growing trend in walk-in payments. According to the 2009 FDIC study, there are approximately 30 million households that are either unbanked or underbanked (meaning they regularly rely on services such as check cashing and payday loans).* As a result, the number of in-store bill payments is on the rise. In fact, an Aite Group study recently estimated the total number of in-store bill payments at 859 million in 2009, up substantially from 749 million in 2005, an increase of 15% over the four year period.** Unfortunately, walk-in payments are among the most costly transactions to process.

Mastercards stock performance

Visa Mobile Payment Visa Avrupa, mobil telefonlar zerinden deme yapmak ve mterilerin paralarn ynetmelerine yardm edecek iki servis balatt. Visa Mobile Kiiden kiiye deme servisi, mobil telefon zerinden Avrupada Visa kart sahiplerinin transfer yaplmasna izin vermektedir. Uygulama kullanclarn adres defterlerindeki kiilere veya spesifik bir Visa numarasna kolayca transfer yaplmasn salamaktadr. Dier servis Visa uyar sistemi, bir rn alndnda veya nakit ekildiinde kullanclar gerek zamanl uyarmaktadr.

Visas stock performance

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but this share will drop to around 40% by 2015 as Western Europe and North America start to see strong adoption of mobile NFC services", adds Pandey.

US Dataworkss stock performance

Wayne Gas TV Texas fueling system and payment processing company Wayne, a General Electric energy business, is investing more than $50 million in Birminghambased Gas Station TV to sell an exclusive nationwide television service at gas stations called inOvationTV, the company said Wednesday.

Elster & Freestyle Digital Water Meter Elster and Freestyle Technology, architect of the Freestyle Microengine, today announced that the ZigBee Alliance has certified Freestyle Technologys and Elsters jointly developed V200 digital water meter.

Payment Market NFC Total NFC handset shipments are expected to grow from almost 44 million in 2011 to over 630 million in 2015, representing 40% of all new handsets, up from 3.5% at present. "The total value of the transactions from mobile NFC payments is expected to grow from around US$2.4 billion in 2011 to over US$71 billion by 2015. Currently over 90% is generated in Asia Pacific (mostly Japan and South Korea)

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Energy Industry Toshiba Nuclear power Plant Acqusitions Japan's Toshiba Corp is in discussions to buy out U.S.-based Shaw Group's 20 percent stake in nuclear power plant company Westinghouse Electric Co. Toshiba Corp. will buy Shaw Group Inc.s 20 percent stake in nuclear-plant designer Westinghouse Electric for about $1.6 billion, increasing its share to 87 percent.

business as a crucial component of LG's future success." Renewable Enery cooperation Environmental technology and renewable energy specialist, Cypark Resources Bhd (Cypark) signed a memorandum of understanding (MOU) with LG Electronics Sdn Bhd (LG Electronics) to begin a strategic partnership in solar technology. According a press release by Cypark, this collaboration signified Cyparks intent to make credible progress in the renewable energy business and strategically work with an internationally renowned technology partner. Under the MOU, Cypark and LG Electronics would cooperate on several solar technology initiatives that included undertaking collaborative solar projects within Malaysia and across South East Asia region, co-developing Malaysia as a centre for solar business hub within the region. CS Chung, the vice president of LG Electronics said, the LG Group has recognised that the green energy is going to be a major growth engine for the future. In this regards, LG Group recently announced US$20 billion of investment in rechargeable batteries for electric vehicles, smart grids and solar including poly silicon by the year 2020.

Toshibas stock performance

LG Acquisition of Daewoo water treatment firm South Korea's LG Electronics Inc. (066570.SE) said Sunday that it has acquired a Korean water treatment firm, Daewoo ENTEC, as part of the Korean electronics maker's efforts to broaden its business portfolio into new growth area. "The global water treatment market is a vast market with more than $430 billion in sales expected for this year alone," said Lee Young-ha, chief executive of LG Electronics home appliance unit. "With the market expected to grow at an annual rate of 5% due to increased pollution and the effects of climate change, we see the water treatment

Siemens Joint development with Volvo Volvo and Siemens announced that they will team up to accelerate the technical development of electric cars. The partnership is similar to one announced in April between Daimler and Bosch to develop electric motors for electric cars, including those made by Mercedes-Benz and Smart. The partnership will focus on the development of the Volvo C30 electric car. The first Volvo C30s with Siemens

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electric motors will be on the test track by the end of the year.

Siemenss stock performance

Photovoltaic Plants Siemens Energy has received orders for the turnkey construction of 15 photovoltaic plants with a combined capacity of 25 megawatts peak (MWp). In Italy, six solar power plants will be erected in the Marche, Lazio, Umbria and Puglia regions for multiple customers. After commissioning in the summer of 2011, the combined rating of 16.7 MWp will provide approximately 6700 households in Italy with ecofriendly power. In addition, Siemens as general contractor will erect nine photovoltaic plants in the overseas departments of France, Martinique and Guadeloupe. Customer is Sun Development, a company specialized in PV plants development and operation. The plants are scheduled to go online in late 2011. The combined capacity of eight MWp will be sufficient to provide up to 3200 households on the islands with clean power. As the EPC contractor, Siemens is responsible for the turnkey construction, engineering and project management of the photovoltaic plants. The scope of supply includes the full range of Siemens components, such as inverters, medium-voltage equipment as well as monitoring and control systems. For the solar power plants in Martinique and Guadeloupe, Siemens will also provide service and

maintenance. "Siemens will assume responsibility for customized planning, engineering, delivery and installation of all the necessary components," said Martin Schulz, Vice President Photovoltaics of the Siemens Renewable Energy Division. "These orders demonstrate that we're the right partner for complete projects and are able to erect the PV plants within a short time." Photovoltaic plants are part of Siemens' Environmental Portfolio. In fiscal 2010, revenue from the Portfolio totaled about EUR28 billion, making Siemens the world's largest supplier of ecofriendly technologies. In the same period, our products and solutions enabled customers to reduce their carbon dioxide (CO2) emissions by 270 million tons, an amount equal to the total annual CO2 emissions of the megacities Hong Kong, London, New York, Tokyo, Delhi and Singapore. Daimler Fuel Cell Business with Ford Daimler AG (DAI), the worlds thirdlargest maker of luxury vehicles, is in advanced talks about expanding its fuel cell partners beyond Ford Motor Co. (F) as it targets widescale production of the technology, development chief Thomas Weber said today in an interview at the Internationa Motor Show in Frankfurt.

Daimlers stock performance

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Foxconn Solar Energy - Polysilicon GCL-Poly Energy Holdings Ltd (3800), Chinas largest polysilicon maker, rose the most in a month in Hong Kong trading after the company said it is cooperating with Foxconn Group in the solar industry. The stock jumped as much as 6.9 percent, the biggest intraday increase since Aug. 23, and was 5.1 percent higher at HK$2.29 as of 3:12 p.m. on the citys stock exchange. This compared with a 1.1 percent decline in the benchmark Hang Seng Index.

Energy Market Smartgrid Market According to a recent report from Pike Research , cumulative investment in smart grid technologies within the region will total $80.3 billion by 2020. In addition, the cleantech market intelligence firm anticipates that by 2020, 238.4 million smart meters will have been deployed across Europe.

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