Sharp and Sony terminates partnership

Sharp Corporation (Sharp) and Sony Corporation (Sony) terminated its joint venture to produce and sell large-sized LCD panels and modules.

According to a statement, Sony will sell its shares, representing 7.04% of the issued shares, in Sharp Display Products Corporation (SDP).

Sharp said that in consideration for the sale of shares, Sony will receive cash consideration equal to its original investment of ten billion yen to be paid by SDP.

Both the sale of shares and the payment of cash consideration will be completed by the end of June 2012.

Sharp transferred its LCD panel plant in Sakai City, Osaka Prefecture, to SDP, a wholly-owned subsidiary of Sharp July 1, 2009 and on December 29, 2009, Sony invested 10 billion yen to SDP in exchange for new shares issued by SDP to Sony, representing 7.04% of the issued shares of SDP.

SDP became a joint venture company of Sharp and Sony as of 2009. In March 2012, Sharp and Sony agreed to amend the original joint venture agreement to provide that Sony would not make additional capital injections in SDP.

Tanduay lifts capital stock to P25-B

 Tanduay Holdings increased their authorized capital stock from five billion pesos to P25 billion.

According to a statement, the company needed to broaden its equity base to solidify its future investment growth.

This action is in line with the goal of the company in transforming Tanduay into a global brand as it starts to explore the global market.

Tanduay Holdings has firmed up its move towards this direction by appointing three US-based firms as the company’s partner on the project.

The three firms that Tanduay Holdings partnered with are Brand Action Team, a beverage alcohol marketing consulting company, Beacon Distributors, a sales and distribution specialist, and MHW, Ltd., a logistics and management service provider.

With the professional assistance of these three companies, Tanduay is now laying the groundwork for its foray into the US market and well on its way towards its vision of making its product a global brand, Tanduay Holdings added.

ASUS expects to earn double in 2012

ASUSTeK Computer Corp. (ASUS) is expecting to earn twofold in 2012, doubling their almost $20 million net income in 2011, said Jaime Zaldivar, marketing manager of ASUS Technology Philippines.

ASUS launched an event yesterday introducing new laptop models, some already out in the Philippine market, to serve as the company’s initial plan towards a bigger profit in the upcoming year.

“With these new models, we are expecting to double our income for this year and to double the quantity we are producing as well,” said Zaldivar

Israel also said that ASUS is expecting positive response in the market as they make all their products affordable and ground-breaking.  

In the ASUS Sense Experience Event, the company introduced different new models such as the Asus X series, Asus N series, asus Zenbook, republic of gamers, asus K series, among others.

Also, ASUS introduces a new concept, ‘Happiness 2.0’, that is basically about selling series of laptops that are focusing more on experience than the digital specifications.

Zaldivar explained that in order to gain more earnings, they are making their products simpler, more beautiful in physical features, and much affordable.

Asus is a Taiwanese multinational computer hardware and electronics company. Its products include motherboards, desktops, laptops, monitors, tablet PCs, among others. It primarily sells products under its own brand but also produces components for other manufacturers, including Apple, Dell and HP.

This blog is back!

Hello readers,
this blog is back, only this time, the writer is already an official Journalist.

Pictures of Everyday Circumstances, src: failblog.org

I got these photos in http://failblog.org/. try to drop by and enjoy!

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ROXAS TOPS UNIVERSITY POLLS

     Liberal Party vice presidential candidate Sen. Mar Roxas emerges as the clear choice of most Filipino youth as shown by recent surveys held in various universities throughout the country.

     Roxas consistently secured two-digit leads over other vice presidential candidates in student surveys conducted by various school and youth organizations. Some student surveys are held in University of the Philippines (UP) in Diliman, Quezon City; the Centro   Escolar University (CEU) in Malolos, Bulacan; the Holy Angels University in Pampanga; the Catanduanes College in Virac, Catanduanes; the Negros Oriental State University in Dumaguete City, Negros Oriental; and the University of Mindanao in Davao City.

     In UP Diliman, a survey there gave Roxas 4,582 votes or 40% in the survey conducted during the period December 8 to 11, 2009. The closest to Roxas’ UP Diliman rating was Sen. Loren Legarda (NP-NPC) who got a mere 13% followed by Makati Mayor Jejomar Binay (UNO-PMP), who got 12%.

     The huge positive response to Aquino’s and Roxas’ campaign platform of anti-corruption was also reflected in another survey in January 15, 2010 in CEU-Malolos, where Roxas got a high 56% rating followed by Legarda and Binay who tied at 13%.

    Sixty-four percent (64%) or 3,688 of Holy Angels University students in Pampanga chose     Roxas in a January 13 survey. Legarda only got 23% and Binay 8%.

     In Catanduanes College in Virac Catanduanes, a survey conducted last January 22 gave Roxas a 44.17% rating (or 446 votes) while Legarda got 23.99% and Binay, 16.14%.

     In Negros Oriental State University, some 1,684 students or a rating of 49.17% picked Roxas in the survey done during the period December 7 to 11, 2009. Legarda got 22.68% and Binay, 15.5%. Lakas-Kampi-NUCD vice presidential candidate Edu Manzano’s name popped up with a rating of 12.65%.

     In mock polls conducted by the University of Mindanao student government from January 22 to 25, a whopping 46.6% of students picked Roxas. Meanwhile, 14.36% picked Binay and 9.2% picked Loren.

     The 52-year old Roxas gave up his presidential bid in September last year to give way to the public clamor for Aquino to run for President following the death of his mother, the late President Cory Aquino, which Roxas believed had opened long pent-up emotions by most Filipinos against the worsening incidence of corruption both in government and in private sector.

     In the Senate, he authored the Quality and Affordable Medicines law (Republic Act No. 9502), which slashed by half essential medicines like anti-hypertensives, antibiotics, anti-diabetics, and others. The price of Amlodipine 5mg (Norvasc) has been reduced to P22.85 – the savings in a one-month period is equivalent to 25 kilos of rice.

Roxas, hailed as the “Father of the BPO and Call Center Industry,” played a key role in making the Philippines a prime destination for business process outsourcing investors. From a mere 2,000 jobs at the onset, the BPO industry now provides more than half a million jobs.

More on Mar Roxas legacy, records, etc.

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Some Senator's Awkward Moment

Here's some photos of senators in their most awkward pose. I get them on various internet sources.








will be uploading more soon.