Chart SMART: Jan 29, 2008

Lian Beng Inside Day Formation

Double inside day formation shows market indecision as bulls amd bears confronts each other.

Watch direction of breakout from congestion zone.

Monitor 50 EMA resistance line and 200 EMA support line.

Mitsubishi Unveils Laser TV, 3-D Home Theater

Expected to be available by the end of the year, laser TV promises twice the color of HDTV.

Last night, at a Consumer Electronics Show event at the Palms Hotel, in Las Vegas, Mitsubishi gave a first look at its forthcoming line of flat-panel, high-definition displays. The company claims that the display "delivers a range of color never seen before in home entertainment." The display, called laser TV, uses laser as the light source, unlike liquid-crystal displays, which use a white backlight, and plasma displays, which use cells of charged gas to illuminate the screen. Mitsubishi representatives didn't supply a lot of details; they said only that the TV will ship to retailers later this year.

At the event, Mitsubishi showed off three 65-inch laser displays, which are currently being manufactured. (Gadget blog Engadget posted nice pictures here.) In addition, the company demonstrated how its laser TV could be used as a 3-D home theater. The company played clips from Beowulf, a football game, and U2's 3-D concert on its laser display. Viewers wore shutter glasses from RealD, a supplier of 3-D technology. Shutters on the lenses switched on and off--imperceptibly--60 times a second, synchronizing to a signal emitted from the display. (See "Hollywood's New 3-D Age.")

The basic premise behind laser TV is not entirely new. (See "Ultra-Colorful TV.") It's essentially a variant of digital light projection (DLP) technology developed at Texas Instruments. DLP chips are in most of the projectors used in business presentations, and they're found in home
projection displays. A laser display is built a little differently, however. Instead of projecting light onto a screen from the front, lasers and the DLP chip are in the rear of the display, which allows it to be manufactured thinner than traditional front-projection systems.

The main difference with a laser display, however, is that it uses lasers as the light source. Usually, projection displays shine white light through a color wheel, and then it's projected onto the screen. This approach is inefficient, filtering out much of the original brightness. Laser displays use red, blue, and green lasers to directly deliver the color to the screen. Lasers not only have a brightness and color advantage over filtered white light, but they also have an advantage over light-emitting diode (LED) technology, another up-and-coming display backlight. The color produced by a laser is much more pure than that produced by an LED because the former allows for more-precise color combinations. The net result is an extremely crisp, lifelike image in which white is many times brighter than standard high-definition displays, and black is many times darker.

The laser displays at the Palms looked impressive to me, although Mitsubishi didn't show a side-by-side comparison with other displays. One of the more exciting aspects of these new displays, however, is that they use much less energy than other flat panels do, and they should quickly become less expensive than plasmas since the lasers can be mass-produced in semiconductor facilities.

http://www.technologyreview.com/blog/editors/21996/

Torch Hi-tech Industrial Park

Torch Hi-tech Industrial Park is developed and managed by a public-listed company---"Jonjee Hi-tech". It covers the total area of 5.3 square km with complete infrastructure. Jonjee Hi-tech Company helps the enterprises with the formalities of project application, staff recruitment, and export & import business and so on. "Guangdong Model Industrial Park with Excellent Practice" was awarded to Torch Hi-tech Industrial Park in 2002 and "Model Park of Zhongshan city" to it in 2003. Nowadays, a batch of multinational conglomerate companies has invested here, including Kao, Canon, Formatest, Meiko, Volex and Shipley. The total industrial output value reached 19.1 billion yuan (current price) in 2006.

With superior location, excellent facilities, preferential policies and pragmatic & efficient services, many renowned enterprises have settled down in the Zone, such as ThyssenKrupp, Canon, Casio, Sumetomo, Toshiba, Wistron, and Merck Apotec. There were over 1000 enterprises (registered over the years) from nearly 20 countries and regions in the Zone in 2006.

At the same time, in order to meet the needs of the fast emergence of scale economy and comply with the large-scale industrial system in future, the Torch Zone has adopted a high standard to restructure and expand five high quality industrial parks sine 2001, including the Electronics & IT Park, Torch Hi-tech Industrial Park, Packaging & Printing Industrial Park, Health Technology Park and China Technological Model Base (Zhongshan) of Industry. In 2002, a 20-sq-km Linhai Industrial Park was planned to support the implementation of the development strategy for the eastern coastal area of Zhongshan. In 2006, Torch Development Zone newly set up the following five industrial parks: Yangxi Industrial Park, Southeastern Green Industrial Park. China Green Healthful Food Industrial Base, LiYu Industrial Park and Technology Industrial Belt.

http://www.zstorch.gov.cn/en_new/torch_detail.asp?pid=3&tid=30

Tianjin Hi-tech Industrial Park

TIANJIN is North China's biggest industrial and commercial city, and is economic center of the Bohai Bay area. It is also a comprehensive trade port, encompassing the largest container wharf in North China. An old industrial base, the city has convenient transportation, the latest technology and ample human resources.

The arrival of hi-tech in the late 1980s made Tianjin's municipal leaders aware that industrialization of high technologies was vital to sustained development of the local economy. Consequently, in 1988 they authorized establishment of the Tianjin Hi-tech Industrial Park (Tianjin Hi-tech). The park was among the first group of national-level hi-tech industrial development zones approved by the State Council in 1991. It was not until 1997 when Pang Jinhua became its chief administrator, however, that Tianjin Hi-tech began to flourish at the rate of at least one enterprise per day entering the park. Over the past five years, 3,000 enterprises have joined Tianjin Hitech.

http://www.chinatoday.com.cn/English/e20034/tianjin.htm