First Growing Chinese Companies Essay Example | Topics and Well Written Essays - 1500 words

First Growing Chinese Companies - Essay Example In 1994, Lenovo made its stock public by selling its shares. In 1999, Goldman Sachs managed the sale of the company’s new shares. The company’s shares were at peak in 2000. A year later, Dell took the largest share of the personal computer market. Lenovo acquired its original name in 2003 to avoid the oversee brand infringement. Lenovo prepared its expansion outside the country of China, which overtook Japan to be the 2nd largest personal Computer market. In 2004, Lenovo changed its name to Lenovo Group. The company’s 1st quarter Personal Computer shipment growth in the country lags competitors like Dell. The company holds 11% of the Asian market. Sales of services for Lenovo and hand held electronics grew at a faster rate of all its products in the latest 2003 and 2004 financial year. On December 3rd 2004, the company discussed with IBM about selling its Personal Computer business. Four days later, the purchase of the IBM PC was announced. The internationally co mpetitive tasks in crucial sections of the ICT emerged from the technology and science institutions that already existed. The key example of a company is Lenovo. The company was developed after China realized that it needed to invest in a computer. One of the challenges that the company faces is the absence of Chinese language processing instruments in the machine. The company overcame the above obstacle by coming up with sophisticated indigenous creativity. During the process, they set up themselves on the direction that allows the company to compete globally with other leading computer companies and become a leader in their own way. Consequently, the Chinese processing expertise that Lenovo used came from institutes that conducted research. The Chinese language applications and other capabilities, Lenovo was able to grow at a faster rate. The company came up as the leading success story of China. The success of the company was a benchmark when it went global. In 2005 the company a cquired IBM Personal Computer. IBM later gave birth to the mass Personal Computer computing era and Wintel guidelines that ensured that Intel and Microsoft gained a better place in the industry. The brief analysis of the Lenovo focused on the earlier times when the needed conditions were in a position that would result to a learning growth trajectory that is sustainable. The trajectory led China to become a major player in Layer one of the global ICT ecosystem. China is strong in the equipment’s and computers of telecoms. In the telecoms equipment Huawei is making a significant effect on the global market. Other firms found in this market are Ningbo Bird and Datang. The country has become a leader in consumer electronics due to the migration of Chinese in the production from Taiwan, Korea, and Japan. Various mediums sized companies have erupted and are struggling to find the Chinese market niches. Layer 2: China Telecom China Telecom established in 1999 after previously China Telecom split into China Satcom, China Mobile, and new China Telecom. China Telecom was mandated to mobile phones. The newest China Telecom held about seventy percent of the old China Telecom resources. China Telecom is found in Telecom Services Industry. The industry is facing very little competition. The two main companies in this industry are the China Netcom and China Telecom. The two companies are geographically separated and their competitive relationship is limited with one another.

DEMAND MANAGEMENT AND ENERGY STORAGE Essay Example | Topics and Well Written Essays - 3000 words

DEMAND MANAGEMENT AND ENERGY STORAGE - Essay Example Decreasing generation would technically increase the dependency on conventional resources and that it will not entail additional costs. The third section explores the optimal combination of different renewable energy sources for Scotland. Although a national report says that there is not right mix that would work best for the country, the combination of wind and marine power is recommended nevertheless. Finally, the fourth section discusses the importance of energy storage for renewables. It further explores additional storage facilities that Scotland would need to effectively accommodate future demand. This report concludes that fully realizing the potential of Scotland will make the country one of the largest sources of renewable energy, thereby affecting demand in the global scale. II. Scenarios for Generating Renewable Energy: Impact on Demand Management A. Background Renewable energy is a major potential alternative to moderating the effects of climate change. However, renewable energy sources only account for 19.6% of global electricity and 13.5% of global energy demand (IEA, 2004 cited in Neuhoff, n.d.). While they are indeed limitless and reduce costs of operations in energy generation, renewable sources produce an unreliable energy supply since the weather, on which renewables greatly depend, can become very unpredictable so that its generation may not come in consistently large quantities that meets demand. Generation of renewable energy relies on several technical, economical, and social and environmental factors (Kopacek & IFAC, 2006). Much of the carbon emissions come from conventional electricity consumption and transportation but renewable energy sources encourages a harmless ecological exploitation because they do not give off hazardous byproducts (e.g. carbon dioxide) upon consumption. In the United Kingdom, Scotland generates 50% of country’s renewable energy chiefly from wind, hydropower, marine and biomass sources (Great Britain House of Lords, 2008). As a matter of fact, Scotland has approximately 60 GW of raw renewable electricity sources that could make the country a world leader in renewable energy generation (Scotland, 2009). The country can generate renewable energy five times more than it consumes (McDermott, 2010). But the challenge remains, however on the transmission of this energy potential in which regulatory, financial, logistical, and environmental factors should be taken into account especially in improving the grid network and the policy considerations (Scotland, 2009). The Scottish Government, in response to its commitment to reduce carbon emissions by at least 42% in 2020, aims to â€Å"flex generation [of electricity] to meet demand, and ...flex demand to meet generation† (Scotland, 2010a). Taken from a national report, the following scenarios present how RE generation affect demand management in Scotland. In all three scenarios, demand levels are satisfied. In the second and third scen arios, supply will exceed demand with transmission upgrades, constraints approaches , and reduction of demand in consideration. B. Scenario 1 The Scottish Government had recently increased its renewable target to 80% for 2020 due to the expansion in wind power through which renewables may be