Sumitomo will exhibit a P-OLED installation called OLED Cosmos, designed by Motoko Ishii. This installation will use new dual-color OLED panels. These panels (produced using printing technologies) use two distinct colors.
Sumitomo says that they will start marketing those panels later in April 2014. They say the panels will be low-cost (due to the advanced printing process) and will be available in a wide range of lighting colors. The company previously achieved an efficiency of 42 lm/W, but I don't know what will be the efficiency of their commercial panels.
Eye On China
Schulz also sees opportunities in China. "Valuations have come down, and the government is engineering a slowdown" as the country shifts from an export to domestic consumption focus, he said.
He cites NQ Mobile (NQ), the developer of mobile security and productivity software. It has more than doubled off its low in October amid a short-seller attack.
He sees strength in the company's core business and its diversification into gaming and advertising.
Schulz also likes security and search software maker Qihoo 360 Technology's (QIHU) expanding market share.
----------------------------- That from a MF manager who is looking for growth and value in EM during sell off.
Macquarie is reiterating an Outperform and $26 PT on NQ Mobile (NQ +4.8%), and believes a pending special audit report will address investor concerns fueled by Muddy Waters' fraud allegations.
NQ's board recently hired law firm Shearman & Sterling to advise it with an independent review of Muddy Waters' allegations. Shearman, in turn, has hired Deloitte to provide forsenic accounting services.
China is the most populous country in the world, with over 1.3 billion people – more than four times the population of the USA. But population is just one way to measure China’s massive size. In December 2013, Apple announced a long-awaited deal to begin selling iPhones to China Mobile subscribers. China Mobile is the world’s largest cell phone carrier, with over 750 million customers – which is about seven times as many subscribers as Verizon Wireless, the U.S.’s largest carrier. Overall, China has more than 1.2 billion mobile phone users. Many of those new iPhones calls will be in Mandarin Chinese – the most widely spoken language in the world. The CIA estimates that Mandarin is the primary language for about 12.5% of the global population. Spanish, the second most popular language, is the primary tongue for less than 5% of the world. And you can build up an appetite talking on the phone all day…especially for pork. China has about 450 million pigs, which is more than the pig population of the next 43 pork-producing countries combined. But not all these big stats are encouraging for the Chinese people. Smoking is common in China, and it’s estimated that the Chinese consume about 2.2 trillion cigarettes every year – the most of any country in the world. And China also leads the world in capital punishment. A 2009 report by Amnesty International estimated that of all the government-sanctioned death penalties carried out worldwide, about 72% of them occurred in China. Nevertheless, bigger is often better. Apple was number six on the Fortune 500 list in 2013. They may move closer to the top in 2014…with the help of China..