Lenovo is spending the better part of a billion dollars (even more impressive in local currency: five billion yuan) to improve its chances in the mobile products game. Thousands of new employees will populate a new production facility in Wuhan and produce smartphones, tablets and other mobile devices–for both its native Chinese market and overseas. The new factory will open in October 2013, and Lenovo estimates total revenues from this facility alone will reach 10 billion yuan ($1.6 billion) by 2014 and reach 50 billion yuan in ten years. Lenovo (the “Apple of China“) recently revealed its first Intel-powered smartphone, and is best known for producing solid, if very tradtional laptops based on the boxy ThinkPad design for enterprise customers, which it purchased from IBM. The investment is yet another sign that the future market for laptops is dim. Visit our main Fast Feed page to keep up to date with news as it happens. advertisement advertisement … [Read more...] about Lenovo Invests $800 Million To Catch Up To Mobile Device Cutting Edge
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Developing a drug for a deadly disease is like designing a key to a lock. Except in this case, the lock is meticulously built by mother nature herself.Back in 2011, the key to one such lock was giving scientists sleepless nights for over a decade. The lock was a deadly AIDS virus. And scientists were at their wits' end trying to design a key for it.You see, the drugs work at a molecular level.Close And there are millions of possible ways into which molecules of a virus can organise themselves. related news Adani Enterpris Consolidated September 2019 Net Sales at Rs 8,464.19 crore, down 7.54% Y-o-Y Double your income: How a long term stock picking system can help you achieve it Adani Enterpris Standalone September 2019 Net Sales at Rs 2,946.11 crore, down 4.29% Y-o-Y Therefore, finding that one energy efficient structure that the drug can target is akin to finding needle in a haystack. Not an easy task by any stretch of imagination.The scientists did their best. They crunched … [Read more...] about Double your income: To follow or not to follow the wisdom of crowds?
Tata Steel on Friday said its arm NatSteel Holdings Pte (NSH) has concluded the sale its entire equity stake in NatSteel Vina (NSV) to a Vietnam-based company for Rs 36 crore.The steelmaker earlier in the month had announced that NatSteel Holdings Pte (NSH) had agreed to sell its entire 56.5 per cent stake in NSV for about Rs 36 crore to Vietnam-based Thai Hung Trading Joint Stock Company."NSH has today concluded the sale of equity shares in NSV and NSV ceases to be a related party to NSH," the company said in a filing to BSE on Friday.Close Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about Tata Steel arm exits NatSteel Vina
advertisement advertisement It’s now a well-established fact that a group of people with diverse opinions can often make uncannily accurate decisions–smarter in many cases than any single individual could possibly manage. Open markets are the epitome of this, because they weigh individual opinions with real money, and as a result they sometimes produce decisions that seem truly prescient. Orange-crop futures markets, for instance, do a better job predicting Florida weather than meteorologists. And just a few minutes after the 1986 explosion of the Challenger space shuttle, the stock market correctly zeroed in on Morton-Thiokol, maker of the frozen O-rings, even though it was several weeks before a team of engineers investigating the disaster figured it out. (If you find this phenomenon as fascinating as I do, then in addition to James Surowiecki’s benchmark book The Wisdom of Crowds, you might want to peruse Scott Page’s excellent academic … [Read more...] about Social Media And The Loss Of Uncorrelated Wisdom
Firms large and small want to be thought leaders. Thought leadership extends from strategic differentiation, a proof point, a demonstration of differentiation. Amid the cacophony of corporate voices, those found to be additive to the dialogue, rather than distracting, can be considered thought leaders. Given our complex world, there are many things that need to be considered, so providing true thought leadership can be as valuable to a brand as the products or services it sells. advertisement advertisement Successful thought leadership does not arrive with a published idea linked to a hope that someone will recognize brilliance and sweep your firm from obscurity into industry prominence. Establishing a firm or an individual as a thought leader requires consistent, diligent effort. Thought leadership is cumulative. Although thought leadership can and should have tactical elements that reveal the evolution of an idea from concept toward implementation, all thought leadership … [Read more...] about The Golden Rules For Creating Thoughtful Thought Leadership