TOKYO, KOMPAS.com -Toshiba Corp. will begin designing LCD televisions for local markets in India, Indonesia and Vietnam in October as it attempts to mount a challenge against Samsung Electronics Co. and other South Korean rivals, The Nikkei reported early Tuesday.
The electronics giant launched an LCD TV brand for emerging countries in 2010 under the name Power TV. The brand's lineup currently includes products with built-in storage batteries for areas plagued by frequent blackouts and models with signal-boosting and noise-reducing functions.
Power TV models are now sold in Southeast Asia, India, the Middle East and Africa. In some Southeast Asian countries, its market share has roughly doubled to around 20%.
Its current offerings share common specifications across different markets, but Toshiba will start changing designs, functions and features for individual markets to better meet local needs. The firm will also consider adding functions, such as connectivity with mobile phones and other digital devices.
LCD TV design divisions are already up and running in India, Indonesia and Vietnam with around 10 staff members each. In India, the workforce will be raised to around 30 by the end of fiscal 2012 to enable the development of new products and software. In addition to TVs, the design divisions will handle notebook computers. At the same time, the company might design TVs at its personal computer development division in the Chinese province of Hangzhou.
Toshiba has been developing LCD TVs for both the domestic and overseas markets at its Fukaya factory near Tokyo, except for some models destined for the U.S. and Europe.
The firm has set its sights on boosting its worldwide LCD TV sales to 25 million units by fiscal 2013, up 80% from fiscal 2010. It aims to have emerging countries account for 50% of its global TV sales in volume terms in fiscal 2013, compared with around 20% at present.
Wednesday, August 17, 2011
Indosat Posts Net Profit of Rp681.9 Billion
JAKARTA, KOMPAS.com - PT Indosat posted a net profit of Rp681.9 billion in the first half of 2011, up 137.5 percent from Rp287.1 billion in 2010, its president director said.
"The increase of in the net profit was generated by the increase of in the number of the company's cellular customers from 37.8 million in the first half of 2010 to 47.3 million in the first half of 2011," Indosat President Director Harry Sasongko, said here on Monday.
That Harry said up to June 2011, the company booked an income of Rp10.05 trillion, up 4 percent compared with the figure in the corresponding period a year Earlier the which was Rp9.661 trillion. He said That by taking into account the voluntary separation scheme (VSS) burden in the first half, the income before tax interest depreciation and amortization (EBITDA) reached Rp4.499 trillion, down 2.1 percent from the previous Rp4.59 trillion.
Thus, the firm posted an EBITDA margin amounting to 44.8 percent, down from 2.8 points from the previous 47.6 percent. The burden of corporate business in the June 2011 period jumped up from Rp8.061 trillion to Rp8.713 trillion, so was the case of the which the business profit was down 16.5 percent from Rp1.6 trillion to Rp1.337 trillion.
Harry said That of the total corporate income of Rp10.45 trillion, about Rp8.227 trillion CAME from the cellular business and Rp1.8 trillion from non-cellular phone services.
Wednesday, August 3, 2011
U.S. stocks end it Stronger
NEW YORK, KOMPAS.com - U.S. stocks closed higher on Wednesday as the Dow Jones Industrial Average ending an eight-day decline in a row.
The Dow index of 30 blue-chip stocks rose 29.82 points (0.25 percent) to close at 11896.44. The S & P 500 added 6.29 points (0.50 percent) to 1260.34, while the technology-heavy Nasdaq composite index rose 23.83 points (0.89 percent) to 2693.07 position. All three indexes have fallen more than two percent on Tuesday amid concerns about economic weakness in the United States and Europe. MasterCard shares jumped 13.4 percent Wednesday after the credit card giant reported second quarter earnings that beat estimates comfortable Wall Street. Technology shares also helped lift the market, with chip maker Intel rose 1.4 percent and Internet search giant Google was up 1.5 percent. Meanwhile, energy stocks fell as oil prices plunged to its lowest one-month of weak economic data pushed. ExxonMobil, Chevron lost 0.2 percent and declined 0.7 percent. Wednesday profit came despite a pair of reports showed that the U.S. economy slows.
ADP reported that 114,000 net jobs created by private non-farm businesses in the United States in July, less than in June, but better than analysts expected. And the Institute for Supply Management said its index of non-manufacturing activity fell to 52.7 last month, showed that the giant U.S. services sector grew by a snail's pace in July. A level of 50 indicates no growth.
"Economic numbers are bad for most of the week and a half ago and today there is no difference," said Michael James, senior equity trader Wedbush Morgan Securities.
The Dow index of 30 blue-chip stocks rose 29.82 points (0.25 percent) to close at 11896.44. The S & P 500 added 6.29 points (0.50 percent) to 1260.34, while the technology-heavy Nasdaq composite index rose 23.83 points (0.89 percent) to 2693.07 position. All three indexes have fallen more than two percent on Tuesday amid concerns about economic weakness in the United States and Europe. MasterCard shares jumped 13.4 percent Wednesday after the credit card giant reported second quarter earnings that beat estimates comfortable Wall Street. Technology shares also helped lift the market, with chip maker Intel rose 1.4 percent and Internet search giant Google was up 1.5 percent. Meanwhile, energy stocks fell as oil prices plunged to its lowest one-month of weak economic data pushed. ExxonMobil, Chevron lost 0.2 percent and declined 0.7 percent. Wednesday profit came despite a pair of reports showed that the U.S. economy slows.
ADP reported that 114,000 net jobs created by private non-farm businesses in the United States in July, less than in June, but better than analysts expected. And the Institute for Supply Management said its index of non-manufacturing activity fell to 52.7 last month, showed that the giant U.S. services sector grew by a snail's pace in July. A level of 50 indicates no growth.
"Economic numbers are bad for most of the week and a half ago and today there is no difference," said Michael James, senior equity trader Wedbush Morgan Securities.
After Unrest, Economic Activities in Jayapura Back to Normal
JAYAPURA, KOMPAS.com - All business and public office activities in Jayapura have resumed normal operations after unidentified gunmen early on Monday stabbed and shot dead three civilians and a serviceman near Nafri village, Papua.
The situation in Abepura, Jayapura and environs are (now) very conducive following the shooting and stabbing incident on Monday and street rally participated in by thousands of Peace Papua National Committee members on Tuesday. The urban mass transportations have also conducted their normal activities, said Maximus, driver of urban mass transportation.
A food stall owner in Abepura said the businessmen here have been accustomed to the situation of shooting and stabbing incident. According to the reliable sources, besides the four fatalities, seven others were wounded in the shooting and stabbing incident which occurred at 3.15 am East Indonesia Standard Time (WIT).
Of the seven injured victims, five were being treated intensively at Abepura Hospital and Bhayangkara Hospital. Hospital sources said the fatalities were identified as First Private Don Keraf (TNI official), Sardi, Wisman and Titin.
Meanwhile, Siti Aminah, one of the victims, said the shooting and stabbing were very unexpected and sudden when they were traveling on a car. After combing the crime scene Mobile Brigade and TNI officials, Jayapura resort police spokesman Adjunct Senior Commissioner Imam Setiawan said the shooting and stabbing were allegedly perpetrated by the outlawed TPN/OPM liberation army.
"I think the massacre committed by members of outlawed Free Papua Operation (OPM) movement because not far from the crime scene we found a Bintang Kejora flag," Setiawan said.
Shooting incidents had often occurred any time and any place in Papua. In April this year security guards of mining company PT Freeport Indonesia in Timika were killed as their car dumped to a ravine following a rampage.
The incident followed the same one the previous day when gunmen fired on a car, but the driver and a passenger survived. The victims, Dani Masawan and Hari Siregar, were killed after their car had an accident and were burned on street. Spokesman of PT Freeport Indonesia Ramdani Sirait confirmed the incident.
The situation in Abepura, Jayapura and environs are (now) very conducive following the shooting and stabbing incident on Monday and street rally participated in by thousands of Peace Papua National Committee members on Tuesday. The urban mass transportations have also conducted their normal activities, said Maximus, driver of urban mass transportation.
A food stall owner in Abepura said the businessmen here have been accustomed to the situation of shooting and stabbing incident. According to the reliable sources, besides the four fatalities, seven others were wounded in the shooting and stabbing incident which occurred at 3.15 am East Indonesia Standard Time (WIT).
Of the seven injured victims, five were being treated intensively at Abepura Hospital and Bhayangkara Hospital. Hospital sources said the fatalities were identified as First Private Don Keraf (TNI official), Sardi, Wisman and Titin.
Meanwhile, Siti Aminah, one of the victims, said the shooting and stabbing were very unexpected and sudden when they were traveling on a car. After combing the crime scene Mobile Brigade and TNI officials, Jayapura resort police spokesman Adjunct Senior Commissioner Imam Setiawan said the shooting and stabbing were allegedly perpetrated by the outlawed TPN/OPM liberation army.
"I think the massacre committed by members of outlawed Free Papua Operation (OPM) movement because not far from the crime scene we found a Bintang Kejora flag," Setiawan said.
Shooting incidents had often occurred any time and any place in Papua. In April this year security guards of mining company PT Freeport Indonesia in Timika were killed as their car dumped to a ravine following a rampage.
The incident followed the same one the previous day when gunmen fired on a car, but the driver and a passenger survived. The victims, Dani Masawan and Hari Siregar, were killed after their car had an accident and were burned on street. Spokesman of PT Freeport Indonesia Ramdani Sirait confirmed the incident.
Subscribe to:
Posts (Atom)