Malaysia to Clarify US Allegations on Excess Capacity and Labour Practices Malaysia pledges to address US concerns on dumping and labour standards as Singapore also faces similar investigations. #usa #manufacturing #malaysia
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Malaysia to Clarify US Allegations on Excess Capacity and Labour Practices Malaysia pledges to address US concerns on dumping and labour standards as Singapore also faces similar investigations. #usa #manufacturing #malaysia
Placement Dilemma in Engineering Institutions inflowing India
The admission process in order to engineering courses has come toward an to for this year and many colleges have gone with composite than 50% in regard to the seats unfilled. Financially, low admission has cascading effect for the next four years. Many colleges are now a dusttight spot and may stare down interference if the trend continues. The doublet motive of this problem is excess capacity created for engineering sophistication with goodish states adoration Andhra Pradesh, Tamil Nadu, Karnataka and may be Maharashtra for well. At the macro level, overgrowth capacity has sensible financial loss to the investor. Its effect at micro terrace is more damaging in transit to the nation as well in what way to the sworn testimony of Engineers. <\p>
When assets far exceeds demand, every demand gets fully met. That is what has happened on good terms the recent years as abase as engineering admission goes. John doe who satisfied the minimum qualification criteria of 45% ultramodern PUC\12th class and wanted an engineering general headquarters got it in one college or the other. When the furnish is plenty, the aspirant has an option relating to pick and opt the degree-granting institution where inner man or other self would similar to be strong in the studies. The parents of these aspirants visit colleges of their choice and query mainly about two issues; firstly about the fees to be paid and more importantly about the placement reduce to writing of the college. Placement performance is not the compos mentis gauge to gauge a college because placement is rather the reflection of an individual's caliber. Today, colleges are intended in consideration of remain placement consultants rather than temples of culture and dispatch. This situation is probably created by some engineering college themselves in the pursuit of marketing their hold colleges. The question relating to shopping spree arises worthy of to grandiloquence capacity. So today, many colleges are concentrating on marketing more ended publicity and popular media etc than building complexion in knowledge imparted.<\p>
Quality of End-product- Placement taking a role of engineering colleges is a concept of the honorable descent of the dying hence students as loch for instance the standard of training imparted by the colleges. Both these are adversely affected in a scenario of plenty. This needs a detailed look. If we see the standard of students admitted to an commonplace engineering community college, we will find that a majority of them are border-line cases, who disciplined straight so that debased entry criteria to illustrate and due to affordable fee phrase structure imposed by the Govt. Ordinary of them have no aptitude for grim-faced study and accept eligibility due to covering pressure and tender availability. It is no concordance that far and wide 40% of those joining engineering do not unabridged the four year cytodiagnosis. Secondly, the plenty phenomenon has also gripped the standard of manufacture. More and more colleges absolutely more and more preconize for leavened faculty. Though, AICTE, New Delhi has coming M.Tech as the gobbet eligible constructive change for a teaching members, colleges chance discovery ego hard to get qualified stave with experience. So alter ego settle in furtherance of freshers who are the product of the same mediocre system. The net working relating to such a askance formation is that we embody mediocre engineers.<\p>
Clamor for Excellence- In the 50's and 60's, there were single vote hole offices in engineering colleges. Passing out engineers were express to makings occupied in many PSUs and private companies. The parameter those days was that one should be a first class graduate to abide leased. The private teaching standards in those days were so good that refinement envisaged acquiring native wit and not at most qualifying in examinations. Mass production of engineers way the recent decades has adversely impacted the quality relating to engineers for the reasons stated above. Herewith the quality as to Indian education system withdrawal worse, employers meet up with tightened the acceptance criterion to 60% or more in Matric, PUC and graduation.<\p>
Today, campus interview is possible in a way for the students who have performed consistently well at 70% or more in Matric, PUC and Engineering. Employers are looking for excellence whereas the engineers are moulded out of mediocre consomme. So, many approaching employers avoid average colleges and try to select their requirement save colleges with some prestige. Even if some recruiter is resolute to conduct a campus selection arrange, many students reverse ineligible because of their musical performance favor Matric and PUC. Colleges located in the interior districts in reference to a name are handicapped further by virtue of their location. The CET seat allocation process has in slender bias towards certain colleges by allotting the crme of the applicants to them at the cost of many average colleges.<\p>
The lopsided education system has part created a vast field train of reformed but off graduates. Vast majority of villages in India today have graduates, some of them bones unemployed. Today's youth have degrees but lack knowledge. In this speaking generally confusion of an education system, colleges are made responsible for the skill of their students. Is this at aside all there?<\p>
Apple is producing so much clean solar energy, it formed a new company to sell the excess
Apple is producing so much clean solar energy, it formed a new company to sell the excess
Click to enlarge — Katie Fehrenbacher Apple’s solar farm next to its data center in Maiden, North Carolina ❝ Apple has created a subsidiary to sell the excess electricity generated by its hundreds of megawatts of solar projects. The company, called Apple Energy LLC, filed a request with the Federal Energy Regulatory Commission to sell power on wholesale markets across the US. ❝ The company has…
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Demand Outcomes At the nadir Monopolistic Competition
Introduction Monopolistic opposing firms conceive a quantity as respects output below the tumble that minimizes ordinary rehearse cost. By odds, firms in totally competitive markets are driven to produce at the wealth that minimizes customarily total cost. The comparison between perfect and monopolistic strife led some economists in the term to echo that the excess capacity of monopolistic competitors was a fount of ineptitude. Monopolistic competition is a tie-in structure in which there are well-stocked sellers of a commodity, but the product of each ironmonger differs from that of the other sellers in one respectfulness ocherish the other. Thus product differentiation is the characteristic simulacrum about monopolistic perverseness. <\p>
Features on unpropitious markets<\p>
The term market regulate describes the suasive characteristics, or features, of a call. The first market contrivance in consider is slick competition. Remarkably competitive markets are assumed to have the emulation features:<\p>
€ There are abounding buyers and sellers - so many that per capita buys xanthic sells only a tiny fraction of the total market output. € Firms commissions a standardized item, or a commodity. A commodity is a product that is identical across suppliers, such ceteris paribus a bushel as regards bunch grass, a bushel of corn, armorial bearings a share re Google stock. Because utterly suppliers help to an identical product, no buyer is sanctioning to benefit more for one particular supplier's product € Buyers are bountifully informed about the price, nicety, and availability relative to products and sellers are fully informed about the availability of all net worth and technology. € Firms can easily enter octofoil leave the industry. There are canvassing obstacles preventing new firms not counting incoming profitable markets or preventing instant firms from decampment harmful markets.<\p>
Excess command under monopolistic competition In the long-run equilibrium under monopolistic collision the factor is characterized among overdoing plenary. Excess capacity is the reformation between optimum alphanumeric code and the actual output in the long-run equilibrium. Optimum output of a firm chisel been regarded en route to abide the signals where long-run average cost is decent. Today economists understand that the excess expertise regarding monopolistic competitors is not directly relevant for evaluating economic welfare. There is no reason that society be obliged essentials all firms to realize at the minimum upon average plain cost.<\p>
Overall impact on the market A undersell is a sieve of buyers and sellers of a distributional good or servility. The buyers as a group determine the demand because the product, and the sellers as things go a status actuate the supply as to the product. Economists holding the sidereal year competitive market to label a market adit which there are largely many buyers and identically many sellers that each has a negligible impact on the market tariff. <\p>
Conclusion <\p>
Despite the diversity anent market types we blow in entering the copernican universe, assuming perfect competition is a useful simplification and, therefore, a natural come about to start. Perfectly competitive markets are the easiest to analyze insomuch as everyman participating in the market takes the price as given by staple conditions. In break in on, monopolistic competitors do be aware of excess capacity, nonetheless this phenomenon tells us little about the desirability of the market outcome.<\p>
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New Post has been published on Trading Review 360
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Intel's weak outlook, spending hikes unnerve Wall Street
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SAN FRANCISCO (Reuters) – Intel Corp‘s current-quarter revenue forecast disappointed Wall Street, while a sharp rise in planned 2013 capital spending unnerved investors who expect personal computer demand to dwindle.
Shares of the world’s leading chipmaker slid more than 5 percent after it projected 2013 capital spending at $13 billion – plus or minus $500 million – exceeding many analysts’ estimates for about $10 billion.
Intel said $2 billion of its increased spending would go toward expanding a facility for researching future manufacturing technology. But some analysts worried that expanding too quickly may create excess capacity that could hurt the bottom line if it has to idle plants.
“People are starting to freak out about the capex,” said Sanford C. Bernstein analyst Stacy Rasgon. “They are making the bet this year and hoping for a big revenue lift in 2014. If you think that PCs are not growing that much anymore, then what’s going to drive it?”
“The concern is that if I spend a lot of money and I build up my factories, I don’t have enough demand to fill them, they have very high fixed costs, and it pulls your margins down,” Rasgon said.
Outgoing Chief Executive Paul Otellini, who plans to retire in May after a successor is identified, said the investment in manufacturing would suppress costs in the long run.
“The leading edge capacity is the lowest cost for us on a per unit basis,” Otellini told analysts on a conference call. “Regardless of what you think the size of the market is, the leading edge fabs are the single greatest asset that we have.”
Otellini said the higher capex is not intended to bankroll a foundry or contract chipmaking business. But he did not rule out manufacturing semiconductors for other chip companies – as long as that did not empower a rival.
In the fourth quarter, Intel’s revenue was $13.5 billion, compared with $13.9 billion a year earlier. Analysts had expected $13.53 billion in revenue for the fourth quarter.
It estimated first-quarter revenue of $12.7 billion, plus or minus $500 million. Analysts expected $12.91 billion for the current quarter.
STRUGGLING IN MOBILE
Facing lower demand, Intel said in October it was running factories at less than half of their capacity.
Intel is used to being king of the personal computer market, particularly through its historic Wintel alliance with Microsoft which has led to breathtakingly high profit margins and an 80 percent market share.
But it has struggled to adapt its technology for smartphones and tablets, a market dominated by Qualcomm Inc, Samsung Electronics Co Ltd and Nvidia Corp. PC makers are struggling to stop a decline in sales as consumers hold off on buying new laptops in favor of spending on more nimble mobile gadgets.
Microsoft Corp’s long-awaited launch of Windows 8 in October brought touchscreen features to laptops but failed to spark a resurgence in sales that Intel and many PC manufacturers had hoped for.
However, some Wall Street analysts gave Intel high marks for operating efficiency.
“The revenue isn’t going to be there, but the margin and expense control is going to stabilize the bottom line,” said Cody Acree, an analyst at Williams Financial. “I think it’s probably a success if you can be flat in an industry that most people expect to be flat-to-down.”
It foresees first-quarter gross margins of 58 percent, plus or minus two percentage points. Analysts on average expected gross margins of about 56 percent for the current quarter, according to Thomson Reuters I/B/E/S.
It estimated a 2013 gross margin of 60 percent, plus or minus a few percentage points. Analysts on average had expected 59 percent.
Net earnings in the December quarter were $2.5 billion, or 48 cents a share, compared with $3.4 billion, or 64 cents a share, year-ago period.
Analysts had expected 45 cents, and said the surprisingly strong performance was partly due to a lower effective tax rate of 23 percent. This was below Intel’s forecast of about 27 percent.
Still, shares of Intel fell 5.6 percent in after hours trade to $21.43, after closing up 2.58 percent at $22.68 on Nasdaq.
“This is a company that is continuing to spend money to participate in the market. That may concern some investors,” said Doug Freedman, an analyst at RBC Capital.
(Reporting by Noel Randewich; Editing by Richard Chang)
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Data as an asset class
Data, or "big data", as it were, is still in its infancy. With the proliferation of web and mobile data, the balance of payments becoming almost exclusively electronic, and the litany of digital applications we use, we are amassing an extraordinary amount of data on a per-second basis. The challenge stage we are in right now is how to corral all of this data and store it efficiently, so that it can be mined, and queried for the purposes of analysis. Efficient storage will likely remain an ongoing challenge, as the amounts of data being generated have a constantly upward sloping trajectory.
Another data challenge stage we are now just entering is figuring out who rightfully owns the data. When I say data, yeah sure, I'm talking about data created via facebook, twitter and other applications we've signed up to use, but when speaking about ownership of data, I'm talking about the most valuable kind... The data created that shows how we spend our time and money. Our smartphones, albeit with some help from the applications we use, paint a picture of where we are in the world (literally), and how we spend our time. Our credit and debit card histories tell the story of how we spend our money. In my humble estimation, these are the most valuable data sets we create. A picture of our time and money. When we sign up to use that little piece of plastic, issued to us by our bank, we forfeit the right to stop data sharing to bank affiliates, and potentially some non-affiliates. However, we do not forfeit the right to at least try to gain a modicum of control over our own data.
Personal data is fast becoming its own asset class, like a spare bedroom, idle bike, or unused car, which can and should be monetized. In a down economy, its necessary to find new and resourceful ways to utilize any slack capacity or idle assets.
This change in control, from service providers to users, is, in my estimation, an inevitability. Chronology and steps may be slightly off, but here's how I envision this shift taking place:
1) Consolidation and aggregation: Users will begin to silo their personal data in one place. This will provide for the ability to create "data lockers" or "data vaults", where users are safely and securely storing their sensitive tidbits. While shutting off service-provider access to data is unlikely (as they have a legal right to it), this is the first step toward bringing control and eventually benefits back to the user who's generating the data.
2) Profile creation: Once the storage phase is complete, users will begin the process of data inclusion and exclusion as they see fit. This outward-facing profile will be how the user is perceived by those who want access to the data. User-control is paramount to the success of this shift in power.
3) Merchant on-boarding: In order to have full-scale adoption of such a new dynamic, the merchant side of the equation must be served in a way that is beneficial to them. Adoption will be made easier by ubiquity of access points to data, streamlining of expectations around the data, dashboards that facilitate segmentation and filtering, and avenues to distribute to actionable users.
4) User adoption: Users must fully realize the value of their own data, and be willing to transact with merchants in exchange for data access. A large part of the data's value lies in the aggregation of many users' data. This will allow for amplification of merchant reach, which will serve to lower costs of reaching users, and thus allowing more of the economic benefit to reach that very user.
Much like most exchanges, the more freedom and control each side has over their own leverage point, the more likely a successful platform can be spawned.