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Sharp launches a small screen 3D without glasses

Saturday, April 3rd, 2010

The story accelerates. This Friday, the Japanese group Sharp has introduced a tiny touch screen, color, reproducing 3D videos. The big innovation is that this screen does not require glasses. A step that should be taken seriously. Unfashionable as it may eventually large screen televisions in 3D now being launched in the U.S. by Samsung and Panasonic but need to don special glasses.

However, to see the effect in relief, it is necessary to be right in front of the small screen, 30 cm apart. "We can only produce small screen in this technology. In addition, 12.7 cm diagonal. It must be well in front, otherwise the perception of 3D fade, "says Patrick Chardin, director at Sharp France. To develop its new technology, the Japanese group has improved its previous innovations.Three years ago, in Tokyo, Sharp has introduced an innovative technology which allowed three people to watch at the same time, a different program broadcast by the same TV, depending on the position of each face on the screen. Each point on the screen was broadcasting a different image depending on the viewing angle of the viewer.

According to this principle, with an image emitted for each eye, the semiconductor division of Sharp has designed its new 3D display device called an "interlaced effect. The additional cost compared to a conventional screen is not excessive.For the screen in landscape consists of a conventional LCD panel on which is placed a filter.

Nintendo

But because of its limited size for the 3D effect, "we focus on three markets: portable gaming devices, smartphones (note: mobile phones for surfing) and embedded screens, such as GPS in cars" said Patrick Chardin best payday advance.

Production should begin in September. One of the first objects that can use this technology should be the next portable game console, Nintendo 3DS, announced last week and promised for 2011. For its previous screens of the DS, sold 125 million units, Nintendo had already appealed to Sharp as a supplier.

Nintendo's next console will be presented in June in Los Angeles at E3.The Japanese group said the old games the DS can be reused on its future console. With 3DS, the group led by Satoru Iwata will take another step ahead of the Sony PSP (67 million), which was sold two times less than the DS. In addition, the CEO of Nintendo will reduce competition from the iPhone and iPod Touch which guests are on the market for portable game consoles.

Moreover, it could sell 78 million smartphones equipped with 3D screens by 2018, says DisplaySearch.For now, only one mobile is sold only in Japan by Hitachi, with a 3D effect without glasses.

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BHP agrees on a price with steelmakers

Monday, March 8th, 2010

Mining giant BHP Billiton ADR agreed with its main customers in Europe, China, India and Japan on short-term sales of coking coal. This agreement puts an end to traditional trading system prices this year among major mining companies and steelmakers.

BHP proposes three options to its customers for contracts on coking coal: an annual listing and every two months for half of the offers, the possibility of reducing tender contracts between quarterly and half, and finally, publication of prices every three months.

According to Macquarie Group, is the first time an agreement on a three-month contract is signed in the steel sector.

Without any contact number, the group said it sold a "significant portion of its volume of coking coal for 2010.JFE Holdings, the second largest Japanese steelmaker, had said last Friday it had agreed to pay $ 200 per tonne over three months. For Jim Lennon, analyst at Macquarie, specialist materials, "the Japanese will prove more flexible on prices." Flexibility which could benefit BHP, Teck Resources, Xstrata, Mechel OAO, Rio Tinto Group, Alpha Natural Resources and Massey Energy.

The new contract for three months, for which Morgan Stanley anticipates a course at $ 222 per ton, beginning 1 April next year, according JFE. One that expires next March 31, is listed at $ 129 per tonne.

On February 26, Energy Publishing, which reports the data supply and demand in the major coal producing countries, has published three price indexes for coking coal."The pricing in the short term will be difficult to manage without a reliable index of the prices of coking coal, which is why the publication of these indexes comes at the right time for the coal markets," said Forrest Hill, President Energy Publishing.

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ECB: Greece will "in the right direction"

Thursday, February 4th, 2010

No surprises from Frankfurt. The European Central Bank (ECB) on Thursday left its main interest rate unchanged at 1%. Earlier, the Bank of England also announced the continuation of its policy rate at 0.5%.

In March the Governing Council of the ECB "will take decisions on (…) a gradual lifting of the measures of liquidity [in support of banks] who are no longer as necessary as in the past," said Jean-Claude Trichet at a press conference.

Long awaited on the subject of Greece, Jean-Claude Trichet has held that the fiscal savings by Greece are "not in the right direction.""We are confident in the ability of Greece will take all decisions necessary to achieve the objective" of a deficit below 3% of GDP by 2012, said President of the ECB personal business card . No exceptions will be made for any area countries, "he said.

While Portugal and Spain in turn disturb markets, Jean-Claude Trichet reiterated that it was "crucial" that all countries "respect strictly the exit procedures for excessive deficits."

"According to the International Monetary Fund, the overall deficit of the euro area will rise to 6%", said Jean-Claude Trichet. "The United States will be at 10%, Japan is also at 10%.(…) A more flattering comparison for the euro area! Nevertheless, we exhibit unabsence total of convenience "in the direction of monetary policy," he said.

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The CAC 40 oscillates around equilibrium

Wednesday, January 13th, 2010

While the U.S. exchanges fell back into the red Tuesday – the deteriorating trade balance, coupled with poor results from Alcoa weighed on the trend – Asia closed the Wednesday meeting ground largely negative. The stock index in Asia was down 1.85% at 3052.73 points, with a decline in the Nikkei 1.32%, to 10,735.03 points. The announcement yesterday by the Bank of China to raise the reserve requirement ratio to major banks and a rise in interest rates on treasury bills to one year have replenished the prospects for closer Currency in China.

In Europe, it is the hesitation that dominates. Fellowships, yet influenced the decline in the wake of other large places, managed to hang in balance or even exceed it slightly. Around 10:30 am, the CAC 40 is timidly 0.13% at 4005 points, and save the 4,000-point mark.The DAX index of 30 blue chips of the Frankfurt Stock Exchange operates similarly, from 0.13% to 5.950 points.

Macroeconomic side, the consumer prices in France rose slightly in December compared to the previous month (+0.3%) and are up 0.9% year on year, said Wednesday INSEE. In Germany, GDP dropped by 5% in 2009, after +1.3% in 2008.

At noon, the European surveys monitor monthly business survey for December. And at 16:30, the U.S. will unveil its weekly inventory of crude oil. Well after closing at night, the president's speech to the Philadelphia Fed Charles Plosser, the U.S. economic outlook will be closely followed.

Societe Generale launched a "profit warning"

On the values front, the news this early morning is the profit warning from Societe Generale.The bank said today that it expected record results "slightly" profit in the fourth quarter of 2009, below market expectations, due to the recording in the accounts of a negative impact of 1.4 billion ' euro-related assets at risk. The titles fall of 4.84%, to 49.17 euros, showing the worst performance of the ACC. In this wake, the banks are struggling. Credit Agricole (-2.28%), Dexia (-2.05%) and BNP Paribas (-1.78%) are in the end list.

Renault (+0.25%) continues to rattle the government. The state also largest shareholder, was summoned to renounce a possible relocation of the production of the Clio in Turkey raises numerous critics. Today, a meeting between Minister of Industry, Christian Estrosi, and the CEO of Renault, Patrick Pelata, is provided.The manufacturer has provided reassurance in a statement that no "decision had been taken at this stage."

Topping the charts of ACC 40, Figure Carrefour (1.54%). HSBC has initiated coverage of the title with a neutral recommendation and a target price of 37 euros. After L'Oreal (+1.42%), Pernod Ricard (+1.06%) and Danone (1%).

In contrast, Saint-Gobain fell by nearly 1.2% after seeing lowered its recommendation to "neutral" by analysts at Credit Suisse, cons "outperform" before. Schneider Electric lost 0.6%, UBS changed from "buy" cons "neutral."

On the DRS, Thales (+1.3%) is doing well.

Xiring (+9.15%) announced yesterday after market sales for the fourth quarter 2009 from 9.3 million euros, unchanged from the fourth quarter of 2008.Esker (-3.2%) for the same period, revealed an activity of 5.9 million euros (+5%).

Cellectis (+2.71%) announced the signing of a licensing agreement with Bayer HealthCare, the healthcare division of the international group Bayer.

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Three mediators to avoid the conflict of road

Tuesday, December 8th, 2009

The risk of a strike by truckers threaten to block the deposition of large retailers from next Sunday is taken very seriously by governments.

Moments after receiving the Department of Transportation delegated Inter (CFDT, CGT, CFE-CGC and CTFC) of 500 000 employees, the Secretary of State for Transport, Dominique Bussereau, has appointed a mediator, not as planned but three.

Members of the firm Mensia Council Martial Belon, Herv? Nadal Muir and Eric have the difficult task of finding common ground – including on wages – between truckers and their companies.

Unions want the transition to a wage of 10 euros gross per hour for the highest coefficients, 4% increase for executives and 4% more for travel or 13th month for free.Claims deemed unacceptable by the companies badly affected by the slowing economy.

Dominique Bussereau is optimistic. A schedule is considered. "I think some points of view can be reconciled, he said. We hope to reach a first agreement of good will to avoid blocking of deposits, then in a second stage, discussions will be conducted on other points from the start. We promise. "

Dating successive

At work since Monday evening, the facilitators meet successively unions and employer organizations.Wednesday morning, they will provide their preliminary findings at a meeting bringing together the two sides to the ministry, just before the Cabinet tomorrow.

The discussions will continue until agreement is reached, but the secretary general of the CFDT, Maxime Dumont, believes a quick solution. "The situation seems more committed than in the previous conflict two years ago, says he. The government invests. I think some employers' organizations have proposals to make to break the impasse. "

On the employee side, there is, however, still doubtful. "We are conducting a fight but in fact they are the companies that benefit from the advantages offered by the government," said Fr?d?ric B?rard (CFE-CGC). FO-Secretary-General Transport, Gerard Martinez is also on the reserve."How do we get in two days that we could not have in a year and a half?" He questioned Monday before resuming discussions with the mediators.

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Review bleak for the "Black Friday"

Tuesday, December 1st, 2009

"More people in malls, but less money to spend, so gloomy assessment of the first big weekend of shopping at the end of the year in the United States. The prospect of a significant increase in online sales during special promotions planned on Monday, a day renamed "Cyber Monday" has nevertheless somewhat reassured professionals.

Last year, the financial crisis and the collapse of credit availability during the fall had resulted in a dip of 3.4% of purchases at year end. Few analysts expect a fall as strong this year. The test of the weekend of Thanksgiving is not conclusive: the average shopper spent $ 343.31 dollars between Friday morning and Sunday evening.It is almost 30 dollars less than last year.

This decline was however offset by a higher attendance of stores: 195 million Americans flocked to the malls during the three days following the Thanksgiving holiday Thursday, 172 million were in this case in 2008. We must be cautious in analyzing these figures. The favorable weather these days is indeed a significant factor in attendance. Conversely, rising unemployment, the highest in twenty-six, and the persistent shortage of credit deter curious to succumb to the temptation of promotions.To overcome these two obstacles, the distribution industry is increasing its marketing efforts.

Emplettespour of the fun

The mall opened at dawn wanted the Americans to leave their home by displaying very low prices, but very limited quantities of popular items, for a few hours.

It was such electronic products (TVs, cameras, computers) or toys. Promotions less targeted and less fugitive is likely by Christmas. They might be less generous, however, because traders also need to preserve their margins.All factors combined, the National Federation of Retailers (National Retail Federation) table always erode global buyers end of the year of around 1%.

According to the firm ShopperTrak, during the single "Black Friday, the day after Thanksgiving, sales rose only 0, 5%. In contrast, online sales have jumped on that day by 11%, according to the firm comScore. Thursday, several department store chains publish figures of their sales throughout the month of November. This will give a better idea of the context in which the profession deals with Christmas 2009. The biggest surprise of this first weekend of shopping is that over 63% of Americans have opened their wallets to give pleasure, rather than the prospect of gifts.It shows a sign of underlying demand fairly high from some homes, eager to release a little of their savings discipline evident since last winter.

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Sino-French three proposals Christine Lagarde

Friday, November 27th, 2009

Last April, the presidents Hu Jintao and Nicolas Sarkozy have had a fruitful meeting with the G20 summit in London, putting the Sino-French relations over the rail of a healthy development. Recently, they met in New York, reaffirming their commitment to the comprehensive strategic partnership between China and French. To realize this convergence of views, to echo the call of the business communities of both countries and strengthen economic cooperation and bilateral trade, a delegation from the Ministry of Commerce of China and a "mission of promoting trade and investment "consists of 290 Chinese entrepreneurs from more than 140 companies, travel these days in France.

Despite the challenges of all kinds, economic cooperation and Sino-French trade has always grown at a steady rate.In 2008, the volume of our trade reached a record 38.9 billion dollars, an annual increase of 16%. Today, more than 2 000 French companies are operating in China, their combined sales amount to 25 billion dollars per year, equivalent to twice the amount of French exports to China. Our two countries have conducted fruitful cooperation in various sectors such as energy, aeronautics and aerospace, transportation, etc.. The France is the fourth largest European trading partner of China; it the first partner of France in Asia.

Despite the crisis, our companies have succeeded in finding new business opportunities. Of the first ten months of the year, bilateral trade volume reached 27.75 billion dollars.French exports to China have registered a decrease of 11.9% better performance than that of the foreign trade of China and Sino-European trade, which shows the opening of our recovery plan for French exports. More than 140 companies with French capital have been created in China during this same period, averaging one new company every two days.

The path the world economy of early recovery to a new growth cycle will be long and tortuous. The Chinese government, putting priority on expanding domestic demand, has developed a comprehensive plan. The results are there and the target of 8% growth for 2009 will be realized.

China has also sent a dozen missions to promote trade and investment to over 30 countries and made its contribution to the global economic recovery.The assertion that the crisis will be following the global economic imbalance due to large surpluses in Asian countries is without foundation. The imbalance between developed countries and developing deserves much more attention. Alas, this n?oth?orie world economic imbalance is in the process of furthering trade protectionism, threatening the economic recovery. The seventh meeting of trade ministers of WTO will take place in a few days, during which will be assessed progress in the negotiations of the Doha Round. The short term success of this cycle is essential to curb trade protectionism. I also make three proposals on bilateral Sino-French. First, increase exchanges between our companies.Recently, we welcomed the visit to China by Ms Christine Lagarde, who took with her famous French companies. And in early December, the third edition of the business convention "China Europa will be held to Le Havre. Second, turn challenges into opportunities, especially in emerging sectors such as the green economy.

Our two countries should deepen cooperation in areas such as new energy, environmental protection, transportation, aeronautics and aerospace, focusing on certain projects. At the same time, China is experiencing strong demand in services sectors such as finance, logistics, tourism, creative industry, software development. It will welcome French companies in its market.Thirdly, provide more facilities to increase the cross-investment, French and Chinese in China in France.

China and France are linked by a history of friendship. In the early twentieth century, many young Chinese have gone to France to study, including Zhou Enlai and Deng Xiaoping became the founding of new China. General de Gaulle made France the first major Western country to establish diplomatic relations with new China. Today it is for us to consolidate the traditional friendship between China and France.

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PPR plans to sell the Fnac and Conforama

Friday, November 27th, 2009

The distribution sector, which has particularly suffered from the crisis last fall, seems increasingly difficult to find its place within the PPR Group. In an interview with the Wall Street Journal, Fran?ois-Henri Pinault has reported a "bold plan to sell its European distribution subsidiaries, including the very popular Fnac and Conforama," details the economic daily. "The sooner the better," said the businessman, saying "wish to transform the group into something more homogeneous. "We have a great weakness distribution. This is not an area that can be easily developed abroad, and says the son of Fran?ois Pinault.Following this publication, in the group attempts to relativize statements Fran?ois Pinault: "In the short term, there is no process of transfer of those signs that is committed," says a spokesman for the group.

Fran?ois Pinault jamaisn had been explicit about the fate of brands Conforama and Fnac. In an interview with Echos November 17 last, he said "I remain committed to our balance between consumer and luxury."He added: "When I became the CEO in 2005, I continued this development momentum by choosing to turn the group into global brands of equipment from the person, less dependent on their domestic market as is not the general public distribution. "

Twenty buyers would have already manifested

With the possible assignments of the Fnac and Conforama the band broke up nearly 40% of its turnover. In 2008, Fnac has indeed represented nearly 23% of group sales and Conforma just under 16%. Suffice to say that the sale of its two brands would change even further aspect of the group after the sale of spring 2006, the sale of YSL Beaute in 2008 and the flotation of a majority stake of CFAO. Meanwhile, the group has seized control of Puma in 2007.

More than focusing on the luxury sector, this change is also akin to a risky bet. Distribution activities have benefited the group in recent years to counterbalance the luxury business, which remains volatile.

Twenty buyers would have already shown in a takeover, although the head of PPR does not the IPO, as was the case for CFAO. The sale, if it occurs, should earn $ 5.9 billion (about 4 billion euros), enough to increase thereafter in the world of luxury accessories. A dozen companies are already targeted.

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The Kremlin's battle against the conglomerates

Friday, November 27th, 2009

In recent weeks, a handful of Russian public companies, the behemoths of the national economy is in the eye of the cyclone. Prepared in the shadow of the Kremlin walls, the offensive is a bank, a technology conglomerate, a company that specializes in nanotechnology, a group of public works, a nuclear specialist, a gun manufacturer …

Seven "corporate state" inherited, mostly from the Soviet era, employing hundreds of thousands of employees and brew as many billions of rubles of turnover.

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