2015 Stakeholders Report
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Search Seeing Flywheel Effect, but Global Still Needs Momentum
NAVER (035420 KS ) Search seeing flywheel effect, but global still needs momentum Internet 2Q18 review: Revenue beats consensus, but OP misses; NP boosted by one-off gain Results Comment For 2Q18, NAVER’s revenue came in above the consensus, but operating profit missed. July 27, 2018 Positives: Revenue from the business platform segment (which includes the core search ad business) was stronger than expected, growing 17% YoY and surpassing W600bn for the first time on a quarterly basis. Ad performance improved, due to increased options for a mobile search ad offering , while shopping search ads also contributed to growth. LINE’s ad revenue also jumped 42% YoY. (Maintain) Buy At the parent IT platform and content services segments, revenue grew a robust 74% Target Price (12M, W) 1,000,000 and 27% YoY, respectively. The IT platform segment was helped by NAVER Pay’s increased transaction volume, while the content services segment was supported by traction in webtoons and V LIVE. Meanwhile, net profit was temporarily boosted by a Share Price (07/26/18, W) 751,000 W112.7bn gain from the disposal of subsidiary investments caused by the exclusion of LINE Mobile (a Japan-based MVNO subsidiary) from consolidation, as a result of Expected Return 33% Softbank’s investment. Negatives: The ad segment (which includes display ads) grew a weaker-than-expected OP (18F, Wbn) 1,106 11% YoY. The ad segment bears close watching, as it could be affected by NAVER’s mobile app overhaul planned in 3Q18. Agent/partner commissions and marketing Consensus OP (18F, Wbn) 1,108 expenses were higher than anticipated, mainly due to NAVER Pay. -
Geometric Characteristics of Clouds from Ceilometer Measurements and Radiosounding Methods
GEOMETRIC CHARACTERISTICS OF CLOUDS FROM CEILOMETER MEASUREMENTS AND RADIOSOUNDING METHODS Montserrat Costa Surós Dipòsit legal: Gi. 1888-2014 http://hdl.handle.net/10803/284084 http://creativecommons.org/licenses/by/4.0/deed.ca Aquesta obra està subjecta a una llicència Creative Commons Reconeixement Esta obra está bajo una licencia Creative Commons Reconocimiento This work is licensed under a Creative Commons Attribution licence GEOMETRIC CHARACTERISTICS OF CLOUDS FROM CEILOMETER MEASUREMENTS AND RADIOSOUNDING METHODS DOCTORAL THESIS Montserrat Costa Surós 2014 DOCTORAL THESIS GEOMETRIC CHARACTERISTICS OF CLOUDS FROM CEILOMETER MEASUREMENTS AND RADIOSOUNDING METHODS Montserrat Costa Surós 2014 Doctoral Programme in Experimental Sciences and Sustainability Supervisors: Josep Calbó Angrill José Abel González Gutiérrez Thesis submitted for the degree of Doctor of Philosophy by the University of Girona El Dr. Josep Calbó Angrill i el Dr. José Abel González Gutiérrez, professors titulars del Departament de Física de la Universitat de Girona, CERTIFIQUEN: Que aquest treball, titulat “Geometric characteristics of clouds from ceilometer measurements and radiosounding methods”, que presenta la Montserrat Costa Surós per a l’obtenció del títol de doctora, ha estat realitzat sota la seva direcció. I, perquè així consti i tingui els efectes oportuns, signen aquest document. Dr. Josep Calbó Angrill Dr. José Abel González Gutiérrez Girona, 29 de juliol de 2014. Un esforç total és una victòria completa M. Ghandi Acknowledgments First and the most important I would like to thank my supervisors Dr. Josep Calbó and Dr. Josep- Abel González for giving me the opportunity to begin my research career with them, which has led to this doctoral thesis, and for their guidance and support during these years. -
Clouds, Precipitation and Their Remote Sensing Intergovernmental
25.09.12 Clouds, Precipitation and their Remote Sensing Prof. Susanne Crewell AG Integrated Remote Sensing Institute for Geophysics and Meteorology University of Cologne Susanne Crewell, Kompaktkurs, Jülich24. 25 September September 2012 2012 Intergovernmental Panel on Climate Change (IPCC) www.ipcc.ch Nobel price 2007 IPCC Fourth Assessment Report (FAR), 2007: "Warming of the climate system is unequivocal", and "Most of the observed increase in global average temperatures since the mid-20th century is very likely due to the observed increase in anthropogenic greenhouse gas concentrations". Aerosols, clouds and their interaction with climate is still the most uncertain area of climate change and require multidisciplinary coordinated research efforts. SusanneSusS sanna ne Crewell,Crewewellelll,K, Kompaktkurs,Kompakta kurs, JülichJülJüü ichchc 252 SeptemberSSeeptetetembembber 201220121 1 25.09.12 Why are clouds so complex? Cloud microphysical processes occur on small spatial scales and need to be parametrized in atmospheric models Cloud microphysics is strongly connected to other sub-grid scale processes (turbulence, radiation) Cloud droplets 0.01 mm diameter 100-1000 per cm3 Condensation nuclei Drizzle droplets 0.001 mm diameter 0.1 mm diameter 1000 per cm3 1 per cm3 Rain drops ca. 1 mm diameter, 1 drops per liter Susannesa Crewell, Kompaktkurs, Jülich 25 September 2012 Why are clouds so complex? From hydrometeors to single clouds to Einzelwolken to the global and cloud fields system Susanne Crewell, Kompaktkurs, Jülich 25 September -
Rightsizing Project Nextgen IOC Sensor Assessment Summary AJP
RightSizing Project NextGen IOC Sensor Assessment Summary AJP-6830 1 of 64 December 1, 2009 RightSizing Project NextGen IOC Sensor Assessment Summary TABLE OF CONTENTS EXECUTIVE SUMMARY ............................................................................................................ 3 1 INTRODUCTION ................................................................................................................ 4 1.1 Context and Motivation .....................................................................................................4 1.1.1 NextGen ......................................................................................................................4 1.1.2 4D weather cube ........................................................................................................4 1.1.3 Weather observation and forecast requirements to meet NextGen goals .................5 1.2 RightSizing Project Goals ....................................................................................................6 1.2.1 Assessment of Sensor Network ..................................................................................7 1.2.2 Identification of gaps based on functional and performance requirements ..............8 1.2.3 Development of master plan to meet NextGen weather observation requirements .8 1.3 Scope of this Report (FY 2009) ...........................................................................................8 2 PROGRAM MANAGEMENT AND SCHEDULE ...................................................................... -
KOREA Morning Focus
March 15, 2018 KOREA Morning Focus Company News & Analysis Major Indices Close Chg Chg (%) SM Entertainment (041510/Buy/TP: W50,000) KOSPI 2,486.08 -8.41 -0.34 Positive on KeyEast/FNC Add Culture acquisition KOSPI 200 321.99 -0.99 -0.31 KOSDAQ 886.92 0.67 0.08 Sector News & Analysis Turnover ('000 shares, Wbn) Volume Value Internet/Game (Overweight) KOSPI 357,035 6,259 Japan visit note: Expanding lifestyle presence KOSPI 200 74,841 4,749 KOSDAQ 920,060 5,181 Market Cap (Wbn) Value KOSPI 1,652,629 KOSDAQ 285,293 KOSPI Turnover (Wbn) Buy Sell Net Foreign 1,580 1,709 -130 Institutional 1,232 1,375 -142 Retail 3,437 3,154 283 KOSDAQ Turnover (Wbn) Buy Sell Net Foreign 366 440 -74 Institutional 184 235 -51 Retail 4,617 4,481 136 Program Buy / Sell (Wbn) Buy Sell Net KOSPI 1,309 1,502 -192 KOSDAQ 187 197 -10 Advances & Declines Advances Declines Unchanged KOSPI 324 502 61 KOSDAQ 525 638 92 KOSPI Top 5 Most Active Stocks by Value (Wbn) Price (W) Chg (W) Value Samsung Electronics 2,588,000 5,000 645 Celltrion 306,500 -4,500 582 Hynix 90,700 700 512 Pharmicell 8,710 2,010 230 KODEX LEVERAGE 17,215 -40 212 KOSDAQ Top 5 Most Active Stocks by Value (Wbn) Price (W) Chg (W) Value SillaJen 119,900 2,600 250 NATURECELL 54,600 2,000 171 CIS 2,495 265 138 Diostech 38,550 250 108 Celltrion Healthcare 104,900 0 92 Note: As of March 14, 2018 Mirae Asset Daewoo Research SM Entertainment (041510 KQ) Positive on KeyEast/FNC Add Culture acquisition Entertainment Acquisition of rivals to strengthen content production business; Maintain positive view Company Update We reaffirm our Buy call and target price of W50,000 on SM Entertainment. -
Weather Observations
Operational Weather Analysis … www.wxonline.info Chapter 2 Weather Observations Weather observations are the basic ingredients of weather analysis. These observations define the current state of the atmosphere, serve as the basis for isoline patterns, and provide a means for determining the physical processes that occur in the atmosphere. A working knowledge of the observation process is an important part of weather analysis. Source-Based Observation Classification Weather parameters are determined directly by human observation, by instruments, or by a combination of both. Human-based Parameters : Traditionally the human eye has been the source of various weather parameters. For example, the amount of cloud that covers the sky, the type of precipitation, or horizontal visibility, has been based on human observation. Instrument-based Parameters : Numerous instruments have been developed over the years to sense a variety of weather parameters. Some of these instruments directly observe a particular weather parameter at the location of the instrument. The measurement of air temperature by a thermometer is an excellent example of a direct measurement. Other instruments observe data remotely. These instruments either passively sense radiation coming from a location or actively send radiation into an area and interpret the radiation returned to the instrument. Satellite data for visible and infrared imagery are examples of the former while weather radar is an example of the latter. Hybrid Parameters : Hybrid observations refer to weather parameters that are read by a human observer from an instrument. This approach to collecting weather data has been a big part of the weather observing process for many years. Proper sensing of atmospheric data requires proper siting of the sensors. -
Evaluation of Long-Term Pavement Performance (LTTP) Climatic Data for May 2015 Use in Mechanistic-Empirical Pavement Design Guide(MEPDG) Calibration 6
Evaluation of LTPP Climatic Data for Use in Mechanistic-Empirical Pavement Design Guide Calibration and Other Pavement Analysis PUBLICATION NO. FHWA-HRT-15-019 MAY 2015 Research, Development, and Technology Turner-Fairbank Highway Research Center 6300 Georgetown Pike McLean, VA 22101-2296 FOREWORD This document presents the results of an evaluation of climate data from Modern-Era Retrospective Analysis for Research and Applications (MERRA) for use in the Long Term Pavement Performance (LTPP) Program and for other infrastructure applications. MERRA data were compared against the best available ground-based observations both statistically and in terms of effects on pavement performance as predicted using the Mechanistic-Empirical Pavement Design Guide (MEPDG). These analyses included a systematic quantitative evaluation of the sensitivity of MEPDG performance predictions to variations in fundamental climate parameters. A more extensive analysis of MERRA data included additional statistical analysis comparing operating weather station (OWS) and MERRA data, evaluation of the correctness of MEPDG surface shortwave radiation (SSR) calculations and comparison of MEPDG pavement performance predictions using OWS and MERRA climate data for more sections. The principal conclusion from these evaluations was that the MERRA climate data were as good as and in many cases substantially better than equivalent ground-based OWSs. MERRA is strongly recommended as the new future source for climate data in LTPP. Recommendations are provided for incorporating hourly MERRA data into the LTPP database. The LTPP program is an ongoing and active program. To obtain current information and access to other technical references, LTPP data users should visit the LTPP Web site at http://www.tfhrc.gov/pavement/ltpp/ltpp.htm. -
Status of the Dual Polarization Upgrade On
Prospects of Cloud Volume Imaging with the WSR-88D Radar Valery Melnikov* David Mechem+ Phillip Chilson~ Richard Doviak# Dusan Zrnic# Yefim Kogan* *CIMMS, University of Oklahoma +Dept. Of Geography, University of Kansas #National Severe Storms Laboratory, OAR ~School of Meteorology, University of Oklahoma [email protected] ARM Science Team Meeting, 1 April 2009 1 Motivation Observational sampling of 3D cloud fields has been a longstanding goal of ARM. Cloud fields required for 3D radiative transfer calculations Evaluation/formulation of overlap assumptions for statistical cloud schemes The 157 WSR-88D weather radar sites exhibit a wide range of climatic regimes Challenges Scanning radars can deliver 3D fields in real time. Can the WSR-88D weather radar be used for 3D cloud sounding? Reflectivities of -25...-30 dBZ @ 10 km should be measured with a radar to robustly detect clouds. Can this sensitivity be achieved on the WSR-88D? Can the WSR-88D radars be used in cloud sounding? Volume Coverage Patterns (VCP) of the WSR-88Ds “CLOUD” VCP of KOUN 3 Sensitivity of KOUN with enhanced signal processing. Radar RHIs correspond to the vertical black lines in the pictures 4 Cirrus clouds: pictures of clouds, visible satellite, WSR-88D KTLX, and KOUN images 5 Comparison of sensitivity difference KOUN cloud mode KOUN precip mode 6 Comparison of radar parameters ARM ARM NASA NOAA WSR- MMCR WACR CPR 88D Wavelength, mm 8 3 3 109 Antenna beamwidth, deg 0.2 0.24 0.12 0.96 Radial resolution, m 45/90 45 500 250 Two-way transversal 17@10 km 29@10 km 1400 x 82@10 km resolution, m 2500 Z10 , dBZ -30 (general -26 -26 -25.5 short pulse mode) -33 long pulse Attenuation Strong Severe Severe Negligible Number of systems 5 3 1 157 7 Examples of multi-layer and multi-phase clouds. -
Illinois' River Otter Recovery Program Began in 1994, When Fifty Wild River
River Otter Recovery Update Furbearer Program Management Note 97-1 Prepared by Bob Bluets, Division of Wildlife Resources, 5/97 Illinois' river otter recovery program began dogs (1). Cause of death was unknown for in 1994, when fifty wild river otters were six otters, but we suspected stress associated purchased from a supplier in Louisiana by with transport and handling because the the State of Kentucky and traded to Illinois otters were recovered shortly after and in the in exchange for seventy-five wild turkeys. immediate vicinity of releases . Four more A total of 346 river otters have been mortalities caused by drowning in hoop nets released since that time (Table 1) . were reported second-hand but unconfirmed . One hundred and fifty otters were obtained Most losses occurred within three months through turkey trades with Kentucky ; 196 after release, and were distributed among 12 were purchased directly through the Wildlife of 15 release sites (Newton Lake (4); Preservation Fund, Furbearer Fund, Illinois Golden Gate (2) (not including 3 suspected Conservation Foundation and DNR-Wildlife losses); Fox Ridge (3); Skillet Fork (3); Resources operational funds (Fig . 1). North Fork Embarras (2) ; Vermilion River (1); Lake Shelbyville (1) ; Carlyle Lake (1); Shoal Creek (1); Spoon River (2) ; Mackinaw River (3) ; Quiver Creek (1) ; Turk" Tradee 4&8%1 Sanganois (1 suspected)) : Recoveries probably underestimate actual mortality. Post-release radiotelemetry studies at two sites in Missouri yielded first year mortality rates of 12 .5% and 22.8% . Researchers in Indiana found an observed mortality rate of 11% (primarily from recoveries) and an actual mortality rate of 29% (from radiotelemetry) during the first year after a release at Muscatatuck National Wildlife Refuge. -
NOAA COOPERATIVE SCIENCE CENTER in ATMOSPHERIC SCIENCES and METEOROLOGY (NCAS-M)
Semi-Annual Performance Report for Cooperative Agreement #: NA16SEC4810006 Reporting Period: September 1, 2017 to February 28, 2018 NOAA COOPERATIVE SCIENCE CENTER in ATMOSPHERIC SCIENCES and METEOROLOGY (NCAS-M) Howard University (Lead Institution) 1840 7th Street, NW Suite 305 Washington, DC 20001 Dr. Vernon R. Morris, Director and Principal Investigator Partner Institutions Jackson State University – Dr. Mehri Fadavi (Lead Investigator) University of Puerto Rico Mayaguez – Dr. Roy Armstrong (Lead Investigator) University of Texas at El Paso – Dr. Rosa Fitzgerald (Lead Investigator) University of Maryland College Park – Dr. Xin-Zhong Liang (Lead Investigator) State University of New York at Albany – Dr. Qilong Min (Lead Investigator) Pennsylvania State University – Dr. Jose D. Fuentes (Lead Investigator) University of Maryland Baltimore County – Dr. Belay Demoz (Lead Investigator) San Jose State University – Dr. Sen Chiao (Lead Investigator) Tuskegee University - Souleymane Fall (Lead Investigator) San Diego State University – Dr. Samuel Shen (Lead Investigator) Fort Valley State University – Dr. Hari P. Singh (Lead Investigator) Universidad Metropolitana – Dr. Juan Arratia (Lead Investigator) NCAS-M Semi Annual Performance Report (September 1, 2017 – February 28, 2018) Vernon R. Morris, Principal Investigator & Director Contents I. Executive Summary .................................................................................................................. 4 II. Accomplishments ..................................................................................................................... -
Internet AI Roadmap: Smart Speakers in B2C and Cloud Services in B2B
Internet AI roadmap: Smart speakers in B2C and cloud services in B2B Internet firms’ AI businesses taking shape Overweight (Maintain) The artificial intelligence (AI) businesses of global and domestic internet companies are increasingly taking shape and entering the execution phase. The most notable Industry Report development in the B2C space is the launch of AI-based voice-controlled speakers. In the B2B space, cloud services supported by AI are gaining increasing attention. June 19, 2017 B2C: Launch of voice-activated speakers and everyday services Mirae Asset Daewoo Co., Ltd. An increasing number of everyday services integrated with voice-controlled speakers and AI platforms are coming onto the scene. Amazon (NASDAQ: AMZN, [Internet/Game/Advertising] CP: US$995.17) is the current leader of this market, with its Echo smart speaker and Jee-hyun Moon Alexa virtual assistant. Last week, the company launched an Alexa-enabled smart +822-3774-1640 shopping device called Dash Wand the same day it announced its US$13.7bn [email protected] acquisition of the Whole Foods grocery chain. Also last week, NAVER’s Japanese subsidiary, LINE, unveiled smart speakers, named Wave and Champ, to which LINE will tie services like shopping and delivery. Domestically, both NAVER (035420 KS, BUY, TP: W1,160,000, CP: W878,000) and Kakao (035720 KQ, BUY, TP: W125,000, CP: W103,800) plan to release their own voice-controlled speakers this summer. B2B: Rapid growth of cloud services among firms strong in AI IT companies with strong AI capabilities are seeing rapid growth in their cloud revenue. Amazon , IBM (NYSE: IBM, CP: US$154.84), and Microsoft (NASDAQ: MSFT, CP: US$70.87) - with the Alexa, Watson, and Cortana, respectively - are enjoying double-digit growth in cloud revenue, which now makes up a meaningful percentage of overall revenue at all three companies. -
Opportunities and Issues JUL 0 3 2008 M LIBRARIES
Early-Stage Technology Ventures in India: Opportunities and Issues by Aparna Chennapragada Bachelor of Technology in Computer Science, Indian Institute of Technology, Madras (1997) Master of Science in Computer Science, University of Texas, Austin, USA (1999) Submitted to the System Design and Management Program in Partial Fulfillment of the Requirements for the Degree of Master Of Science In Engineering And Management at the Massachusetts Institute Of Technology May 2008 ©2008 Aparna Chennapragada. All rights reserved. The author hereby grants to MIT permission to reproduce and to distribute publicly paper and electronic copies of this thesis document in whole or in part in any medium not known or hereafter created. Signature of Author S/ Apana Chennapragada System Design and Management Program May 2008 Certified by Michael Cusumano Thesis Supervisor Sloan School of Management /I Accepted by kPatrick Hale MASACHU:ETS INST Director OF TEOCHNOLOGY System Design and Management Program JUL 0 3 2008 M LIBRARIES Early-Stage Technology Ventures in India: Opportunities and Issues by Aparna Chennapragada Submitted to the System Design and Management Program in Partial Fulfillment of the Requirements for the Degree of Master Of Science In Engineering And Management ABSTRACT High-technology Entrepreneurship has been a key driver of innovation and economic growth in the US. Aided by factors such as the success in IT and IT-enabled services industries and a booming economy, India has seen a sharp increase in activity in technology entrepreneurship. This thesis explored the opportunities and issues in building and growing technology startups in India. Money, market, manpower, and mentors were identified as the broad areas in which startups face challenges.