DOCSLIB.ORG

Company Overview

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Company Overview Consumer Electronics September 7, 2012 Sharp India Ltd. Company Overview CMP Rs. 31.0 Incorporated in 1985, Sharp India Ltd. (Sharp) is a subsidiary of Japan- BSE Code 523449 based Sharp Corporation, which holds an 80% stake in it. At present, the BSE ID SHARP company is engaged in manufacturing and sales of CRT and LCD High/Low 1Y (Rs.) 46.4/ 24.5 televisions in India. It has a technical collaboration with Sharp Corporation Average Volume (3M) 7,093 for manufacturing both types of televisions. Sharp has manufacturing Market Cap (Rs Cr) 80 facilities at Koregaon-Bhima,, near Pune in Maharashtra. Shareholding % Jun-12 Mar-12 Promoters 80.00 80.00 Company Fundamentals DIIs 0.01 0.01 Operating Performance FIIs - - Sharp posted a net loss of Rs. 50.5 crore on net revenue of Rs. 83.8 crore in Public & Others 19.99 19.99 FY12. Due to new business strategy, the operating results are not comparable with previous years’ figures. While rising interest rates and Stock Chart ( Relative to Sensex) soaring oil prices contributed towards the loss, the company cites the 225 adverse currency impact to be the primary reason. Sharp imports most of its raw materials and components, which makes it susceptible to currency 175 risk. 125 Rising demand for LCD & LED TVs in India to boost sales 75 Demand for LCD and LED TVs has been on the rise as consumer awareness 25 about latest technologies continues to rise. There is pent-up demand as 04-Sep-11 04-Jan-12 04-May-12 04-Sep-12 the penetration of new technologies has been slower in India compared to SHARP Sensex other markets across the globe. This creates significant opportunities for manufacturers. While the market is dominated by larger players, Sharp has made its presence felt in this segment and intends to capitalize on growing Stock Perfm.(%) 1M 6M 1Yr demand. It will gain from the technological knowhow obtained from its SHARP -12.1 -16.3 12.1 parent company in establishing its brand. Sensex 0.5 1.0 7.2 New Business Strategy In order to capitalize on the growing demand, Sharp has adopted a new Financials FY10 FY11 FY12 business strategy whereby it has decided to focus only on its core 108.0 112.3 84.2 Revenue manufacturing capability. It has already scaled down its trading businesses y-o-y 17.5% 4.0% -25.1% and has also passed on the after sales services to Sharp Business Systems EBITDA 4.5 3.0 2.7 (India) Limited. The company is aiming to improve its product mix by y-o-y 41.1% -32% -12.8% adding new models of LCD and LED TVs and is eyeing OEM (original PAT 1.6 0.8 -0.5 equipment manufacturer) opportunities both in India and abroad to y-o-y 627% -49% PL augment its production capacity. EPS (Dil.) 0.6 0.3 -0.2 EBITDA Margin 4.2% 2.7% 3.1% Key Strengths PAT Margin 1.5% 0.7% - - Rising demand in Indian LCD and LED market P/E(x) 50.0x 100.0x - - Technological collaboration with its parent company – Financial year ends at March 31st. All figures in Rs. crores except Sharp Corporation for per share data # FIIs- Foreign Institutional Investors # DIIs- Domestic Institutional Investors PL - Profit to Loss LP - Loss to Profit Initiative of the BSE Investors’ Protection Fund Sharp India Ltd. Company Business Promoted by Bharat Forge, the flagship of the Kalyani House of Industries, Sharp was initially incorporated as Kalyani Telecommunications and Electronics Private Ltd in 1985. In 1986, it came to be known as Kalyani Sharp and was engaged in manufacturing of TVs, VCRs, VCPs, and audio products which were sold under the brand name – Optonica. The company entered into a joint venture with Japanese consumer electronics manufacturer, Sharp Corporation, in 1989. In 1995, Sharp Corporation acquired a majority stake in the company and all products started selling with the brand name, Sharp. In India, Sharp has manufacturing facilities at Koregaon-Bhima, near Pune. The company is primarily engaged in manufacturing of CRT TVs, LCD TVs and spares. Earlier it was also engaged in trading of microwave ovens, refrigerators, colour televisions, LCD TVs, air conditioners and audio systems. However, as part of its new business strategy it has shifted its focus only on its core television manufacturing capabilities. All its products are sold through Sharp Business Systems (India) Limited - a 100% subsidiary of Sharp Corporation, which handles the after sales services. FY 2012 FY 2011 29,940 5,444 Finished goods Finished goods 402,918 Traded goods Traded goods Services Services 935,984 797,667 *Figures in ‘000 INR *Figures in ‘000 INR Till 2011, Sharp’s manufacturing revenue was primarily coming from CRT TVs. With the growing popularity of LCD TVs in India, the shift in revenue contribution is quite evident for Sharp from the below mentioned charts. FY 2012 FY 2011 6,067 11,889 87,141 411,279 CRT TVs CRT TVs LCD TVs LCD TVs Spares Spares 518,638 698,637 *Figures in ‘000 INR *Figures in ‘000 INR In India, Sharp has an emerging presence in the FPD segment and is pitted against brands like Hitachi, Mitashi, JVC, Akai, T-Series, etc. Initiative of the BSE Investors’ Protection Fund -2- Sharp India Ltd. Industry Overview The Indian television market is the third largest in the world, and with spending on consumer electronics devices projected to grow at an overall CAGR of 12% through 2015, the market offers good possibilities. The television market can be broadly divided into two segments – the conventional CRT TVs and flat panel display (FPD) TVs which comprise LCDs, LEDs, and the Plasma TVs. At present, the domestic market is witnessing a shift from conventional CRT TVs towards newer technologies like LCD and LED TVs and more high-end offerings like 3D and Smart TVs, in line with global trends. DisplaySearch (a leading display market research firm) expects that the LCD market would account for over 88.5% of the world TV market by the end of 2012 and will rise above 90% by 2013. In India, sales of CRT TVs in 2011 fell to 1,200 crore units compared to 1,800 crore units in the previous year (as per the company’s annual report - FY12). This is the lowest sales volume that the country has seen in this segment since 2006. However, despite declining sales, India still accounts for 40% of the global demand for CRT TVs (as per the TV Veopar Journal - April 2012 issue). It is perceived that there would be some demand growth from the semi- urban and rural areas where CRT TVs still enjoy popularity on account of their lower prices within the price band of INR 5,000-13,600. The size of the Indian FPD market was around 45 lakh units in 2011, registering a 50% growth over previous year. While India has been a late bloomer in this market segment, the trend of last one year indicates there is enough potential in this segment. In the CRT segment, LG is the fore-runner and close to 77.5% of the market is held by LG, Videocon, Samsung, and Onida together, while in the FPD segment, Samsung, LG, and Sony occupy around 61% market share. CRT TV Sales FPD TV Sales Units Sold in 2012 Units Sold in 2012 1,735,000 350,000 1,000,000 980,000 250,000 270,000 785,000 180,000 150,000 LG Videocon Samsung Onida Others Samsung LG Sony Others Source: TV Veopar Journal (April 2012 issue) The general market conditions continue to remain challenging on account of high inflation, oil prices, and weakening of the rupee. However, the Indian customers are increasingly opting for branded products and this allows the market players to secure competitive advantage through improving their brand recognition. Competitor Analysis We have compared Sharp’s performance against its peers in the consumer electronics sector. Company Year End CMP M Cap Revenue EBIT Margin EPS P/E Sharp * Mar-12 31 80 84 0.5% -0.19 - MIRC Electronics Mar-12 11.25 159 1,651 -0.1% -2.75 - BPL Mar-12 16.45 80 79 - 14.08 1.2x Source: BSE, Capitaline, Market cap and Revenue in Rs. Crore Initiative of the BSE Investors’ Protection Fund -3- Sharp India Ltd. Summary Financials Particulars (Rs crore) FY10 FY11 FY12 Net Sales 107.0 111.8 83.8 Other Op. Revenue 1.1 0.5 0.4 Total Revenue 108.0 112.3 84.6 Growth (%) 17.5% 4.0% -25.1% Cost of Goods Sold -73.3 -78.9 -63.8 Gross Profit 34.8 33.5 20.4 Employee Costs -10.8 -11.2 -6.3 Other Expenditure -19.4 -19.2 -11.5 EBITDA 4.5 3.0 2.7 Growth (%) 41.1% -32.4% -12.8% Depreciation -2.4 -1.7 -2.2 EBIT Profit 2.1 1.4 0.5 Finance cost -0.5 -0.6 -1.0 Other Income 0.0 0.0 0.0 Exceptional Items 0.0 0.0 0.0 PBT 1.6 0.8 -0.5 Growth (%) 627.3% -49.4% PL Income Tax 0.0 0.0 0.0 Profit after Tax 1.6 0.8 -0.5 Extra Ordinary Items 0.0 0.0 0.0 Net Profit 1.6 0.8 -0.5 Growth (%) 627.3% -49.4% PL Rep. Basic EPS 0.6 0.3 -0.2 Rep. Diluted EPS 0.6 0.3 -0.2 Equity Capital 25.9 25.9 25.9 Face value 10 10 10 Ratio Analysis FY10 FY11 FY12 Margins EBITDA Margin (%) 4.2% 2.7% 3.1% Net Profit Margin (%) 1.5% 0.7% - Valuation P/E (x) 50.0 100.0 - P/BV (x) 1.8 3.3 3.3 Profitability ROCE (%) 4.8% 5.7% 1.9% RONW (%) 3.6% 3.3% -2.1% Solvency Ratio Debt/ Equity Ratio (x) 0.0 0.4 0.3 Interest Cover (x) 4.1 2.4 0.5 Initiative of the BSE Investors’ Protection Fund -4- Sharp India Ltd.
Load more

Recommended publications
  • Avm 40 | 50 Operatingmanual
    AVM 40 | 50 OPERATING MANUAL UPDATES: www.anthemAV.com SOFTWARE VERSION 1.3x ™ SAFETY PRECAUTIONS READ THIS SECTION CAREFULLY BEFORE PROCEEDING! WARNING RISK OF ELECTRIC SHOCK DO NOT OPEN WARNING: TO REDUCE THE RISK OF ELECTRIC SHOCK, DO NOT REMOVE COVER (OR BACK). NO USER-SERVICEABLE PARTS INSIDE. REFER SERVICING TO QUALIFIED SERVICE PERSONNEL. The lightning flash with arrowpoint within an equilateral triangle warns of the presence of uninsulated “dangerous voltage” within the product’s enclosure that may be of sufficient magnitude to constitute a risk of electric shock to persons. The exclamation point within an equilateral triangle warns users of the presence of important operating and maintenance (servicing) instructions in the literature accompanying the appliance. WARNING: TO REDUCE THE RISK OF FIRE OR ELECTRIC SHOCK, DO NOT EXPOSE THIS PRODUCT TO RAIN OR MOISTURE AND OBJECTS FILLED WITH LIQUIDS, SUCH AS VASES, SHOULD NOT BE PLACED ON THIS PRODUCT. CAUTION: TO PREVENT ELECTRIC SHOCK, MATCH WIDE BLADE OF PLUG TO WIDE SLOT, FULLY INSERT. CAUTION: FOR CONTINUED PROTECTION AGAINST RISK OF FIRE, REPLACE THE FUSE ONLY WITH THE SAME AMPERAGE AND VOLTAGE TYPE. REFER REPLACEMENT TO QUALIFIED SERVICE PERSONNEL. WARNING: UNIT MAY BECOME HOT. ALWAYS PROVIDE ADEQUATE VENTILATION TO ALLOW FOR COOLING. DO NOT PLACE NEAR A HEAT SOURCE, OR IN SPACES THAT CAN RESTRICT VENTILATION. IMPORTANT SAFETY INSTRUCTIONS 1. Read Instructions – All the safety and operating instructions should be read before the product is operated. 2. Retain Instructions – The safety and operating instructions should be retained for future reference. 3. Heed Warnings – All warnings on the product and in the operating instructions should be adhered to.
    [Show full text]
  • VIZIO SV421XVT & SV471XVT User Manual Version 4/16/2009 1 Www
    VIZIO SV421XVT & SV471XVT User Manual Dear VIZIO Customer, Congratulations on your new VIZIO SV421XVT & SV471XVT television purcha se. Thank you for your support. For maximum benefit of your HDTV, please read these instructions before making any adjustments, and retain them for future reference. We hope you will experience many years of enjoyment from your new VIZIO HDTV High Definition Television. For assistance , plea se call (877) 668-8462 or e-mail us at www.vizio.com . To purchase or inquire about accessories and installation services for your VIZIO HDTV, please visit our website at www.vizio.com or call toll free at (888) 849-4623. We recommend you register your VIZIO HDTV either at our website www.VIZIO.com or fill out and mail your registration card. For peace of mind and to protect your investment beyond the standard warranty, VIZIO offers on-site extended warranty service plans. These plans give additional coverage during the standard warranty period. Visit our website or call us to purchase a plan. Write down the serial number located on the back of your HDTV. __ __ __ __ __ __ __ __ __ __ __ __ __ Purchase Date _____________________ VIZIO is a registered trademark of VIZIO, Inc. dba V, Inc. HDMI logo and “High Definition Multimedia Interface” are registered trademarks of HDMI Licensing LLC. Manufactured under license from Dolby Laboratories. Dolby and the double-D symbol are trademarks of Dolby Laboratories. and are trademarks of SRS Labs, Inc. TruSurround HD and TruVolume technologies are incorporate d under license from SRS Labs, Inc. THE TRADEMARKS SHOWN HEREIN ARE THE PROPERTY OF THEIR RESPECTIVE OWNERS; IMAGES USED ARE FOR ILLUSTRA TION PURPOSES ONLY.
    [Show full text]
  • ) ) Items Listed on the Attached Multnomah County Sheriff's Office
    BEFORE THE BOARD OF COUNTY COMMISSIONERS FORMULTNOMAH COUNTY, OREGON Acknowledgment of Unclaimed ) ORDER , Property and Authorization of ) 98-24 Transfer for Sale or Disposal ) WHEREAS, the Multnomah County Sheriff's Office has certain property, including money, in its possession, the ownership of which is unknown and which has been unclaimed for thirty days after the property came into its possession; and WHEREAS, Multnomah County Code Chapter 7.70.100 directs the Sheriffs Office to report the unclaimed property to the Board of Commissioners and to request authorization to dispose of it as provided in the Code; and WHEREAS, in lieu of a sale of the property under Multnomah County Code Chapter 7.70.150 to 7.70.300, the Multnomah County Sheriff's Office, with the approval of the Board of Commissioners, may transfer any portion of the unclaimed property to the County for use by the County; now therefore IT IS HEREBY ORDERED that the Multnomah County Board of Commissioners acknowledges the unclaimed property and authorizes the transfer of the items listed on the attached Multnomah County Sheriff's Office Found/Unclaimed Property For Disposal, List 98-1, to the Department of Environmental Services for sale or disposal as provided in Multnomah County Code. 2nd day of April, 1998. BOARD OF COUNTY COMMISSIONERS FOR MULTNOMAH COUNTY, OREGON I REVIEWED: I TOM SPONSLER, COUNTY COUNSEI MULTNOMAH COUNTY, OREGON .. MULTNOMAH COUNTY SHERIFF'S OFFICE FOUND/UNCLAIMED PROPERTY FOR DISPOSAL LIST - 98-1 FILE NUMBER PROPERTY DESCRIPTION DISPOSITION 91-273 Motorola cell phone, #472CPLC949 Sale 91-5110 Sony car stereo, #112057 Sale 91-7818 Six Nintendo videos Sale 91-7913 Canon camera, #1716949 Sale XLR camer/2X telephoto w/elec.
    [Show full text]
  • UR5U-9000L and 9020L Cable Remote Control
    th Introduction Button Functions A. Quick Set-Up Method C. Auto-Search Method E. AUX Function: Programming a 5 G. Programming Channel Control If your remote model has custom-program- 6 Quick Set-up Code Tables 7 Set-up Code Tables TV Operating Instructions For 1 4 STEP1 Turn on the device you want to program- Component mable Macro buttons available, they can be Manufacturer/Brand Set-Up Code Number STEP1 Turn on the Component you want to You can program the channel controls programmed to act as a 'Macro' or Favorite The PHAZR-5 UR5U-9000L & UR5U-9020L to program your TV, turn the TV on. TV CBL-CABLE Converters BRADFORD 043 program (TV, AUD, DVD or AUX). You can take advantage of the AUX func- (Channel Up, Channel Down, Last and Channel button in CABLE mode. This allows is designed to operate the CISCO / SA, STEP2 Point the remote at the TV and press tion to program a 5th Component such as a Numbers) from one Component to operate Quick Number Manufacturer/Brand Manufacturer/Brand Set-Up Code Number BROCKWOOD 116 STEP2 Press the [COMPONENT] button (TV, you to program up to five 2-digit channels, BROKSONIC 238 Pioneer, Pace Micro, Samsung and and hold TV key for 3 seconds. While second TV, AUD, DVD or Audio Component. in another Component mode. Default chan- 0 FUJITSU CISCO / SA 001 003 041 042 045 046 PHAZR-5 Holding the TV key, the TV LED will light AUD, DVD or AUX) to be programmed four 3-digit channels or three 4-digit channels BYDESIGN 031 032 Motorola digital set tops, Plus the majority th nel control settings on the remote control 1 SONY PIONEER 001 103 034 051 063 076 105 and [OK/SEL] button simultaneously STEP1 Turn on the 5 Component you want that can be accessed with one button press.
    [Show full text]
  • SR4600N DFU 00 Cover
    Model SR4600 User Guide AV Surround Receiver SR4600N DFU_00_cover Page 9 05.5.20, 6:05 PM Adobe PageMaker 6.5J/PPC ENGLISH DEUTSCH ESPAÑOL SVENSKA WARRANTY GARANTIE GARANTIA GARANTI For warranty information, contact your local Marantz Bei Garantiefragen wenden Sie sich bitte an Ihren Para obtener información acerca de la garantia För information om garantin, kontakta Marantz distributor. Marantz-Händler. póngase en contacto con su distribuidor Marantz. lokalagent. RETAIN YOUR PURCHASE RECEIPT HEBEN SIE IHRE QUITTING GUT AUF GUARDE SU RECIBO DE COMPRA SPAR KVITTOT Your purchase receipt is your permanent record of a Die Quittung dient Ihnen als bleibende Unterlage Su recibo de compra es su prueba permanente de Kvittot är ett inköpsbevis på en värdefull vara. Det valuable purchase. It should be kept in a safe place to für Ihren wertvollen Einkauf Das Aufbewahren der haber adquirido un aparato de valor, Este recibo skall förvaras säkert och hänvisas till vid be referred to as necessary for insurance purposes Quittung ist wichtig, da die darin enthaltenen deberá guardarlo en un lugar seguro y utilizarlo försäkringsfall eller vidkorrespondens mod or when corresponding with Marantz. Angaben für Versicherungswecke oder bei como referencia cuando tenga que hacer uso del Marantz. IMPORTANT Korrespondenz mit Marantz angeführt werden seguro o se ponga en contacto con Marantz. VIKTIGT When seeking warranty service, it is the responsibility müssen. IMPORTANTE Fö att garantin skall gälla är det kundens sak att of the consumer to establish proof and date of WICHTIG! Cuando solicite el servicio otorgado por la garantia framställa bevis och datum om köpet. Kvitto eller purchase.
    [Show full text]
  • Verizon P265 Remote Control User Guide
    R R Thank you for subscribing to 5. Press and release the FiOS TV Remote Control 8) Troubleshooting will blink each time a new e. Once you have tried all the 4. The RED LED light will blink 2. Your FiOS TV remote 2. “Widgets” displays local Verizon FiOS TV R FiOS TV Service. This User <CH +> button repeatedly Codes for Major TV Brands a. If the button does not code is sent. TV codes in the remote twice, and remain on. control will only operate your weather, traffic, and other P265v3 Remote R Manual will show you how to until the TV turns off. You TV Brand Code work correctly, make sure 6. When the TV turns off, stop control, the RED LED and 5. Press . FiOS TV STB and your TV. information. Control Manual program and operate your can also “back up” by the TV is on and go back to pressing the play button the backlit buttons will flash 6. The RED LED will blink 3 3. The remote will not operate 3. displays your list of R new FiOS TV Remote Control pressing the <CH -> button. AOC 026 Step 1 of the Quick Start right away. 4 times rapidly, the RED times and then turn off. other devices like DVD recorded programs if you (Model P265v3). Audiovox 035 Guide. You can also try the • Please note – some TVs LED will turn off and the 7. If you want to change it back Player or Audio Receiver. have DVR service. Coby 070 Code Search Method may respond slower than remote will exit the again so that volume buttons 4.
    [Show full text]
  • Tuning Into a Radio Station
    Details on AM/FM reception Tuning into a Radio Station Tuning automatically 1. Press TUNER on the main unit several times to select either "AM" or "FM". 2. Press TUNING MODE so that the "AUTO" indicator on the display lights. 3. Press TUNING to start automatic tuning. Searching automatically stops when a station is found. When tuned into a radio station, the " TUNED " indicator on the display lights. When tuned into an FM radio station, the "FM STEREO" indicator lights. No sound is output while the " TUNED " indicator is off. When the signal from an FM radio station is weak: Radio wave may be weak depending on the building structure and environmental conditions. In that case, perform the manual tuning procedure as explained in the next section, "Tuning manually", to manually select the desired station. Tuning manually 1. Press TUNER on the main unit several times to select either "AM" or "FM". 2. Press TUNING MODE so that the "AUTO" indicator on the display goes off. 3. Press TUNING to select the desired radio station. The frequency changes by 1 step each time you press the button. The frequency changes continuously if the button is held down and stops when the button is released. Tune by looking at the display. To return to automatic tuning: Press TUNING MODE on the main unit again. The unit automatically tunes into a radio station. Normally "AUTO" should be displayed. Tuning to the frequency directly It allows you to directly enter the frequency of the radio station you want to listen to. 1. Press TUNER on the remote controller several times to select either "AM" or "FM".
    [Show full text]
  • 3•2•1 Series II 3•2•1GS Series II
    3•2•1GS Series II 3•2•1 Series II DVD HOME ENTERTAINMENT SYSTEMS 2ZQHU¶V*XLGH SvenskaNederlandsFrançaisItaliano DeutschEspañol EnglishDansk SAFETY INFORMATION Please read this owner’s guide Please take the time to follow this owner’s guide carefully. It will help you set up and operate your system properly, and enjoy all of its advanced features. Save your owner’s guide for future reference. WARNING: To reduce the risk of fire or electric shock, do not expose the system to rain or moisture. WARNING: This apparatus shall not be exposed to dripping or splashing, and objects filled with liquids, such as vases, shall not be placed on the apparatus. As with any electronic products, use care not to spill liquids in any part of the sys- tem. Liquids can cause a failure and/or a fire hazard. The CAUTION marks shown here are located on the bottom of your 3•2•1 Series II home entertainment system media center and the rear panel of the Acoustimass module: The lightning flash with arrowhead symbol, within an equilateral triangle, alerts the user to the presence of uninsulated dangerous voltage within the system enclosure that may be of sufficient magnitude to consti- tute a risk of electric shock. The exclamation point within an equilateral triangle alerts the user to the presence of important operating and maintenance instructions in this owner’s guide. CAUTION: To prevent electric shock, match wide blade of plug to wide slot, insert fully. CAUTION: No naked flame sources, such as lighted candles, should be placed on the apparatus.
    [Show full text]
  • OCE-0060L UR5U-8780L-TWC-UR5U-8790L-TWC Rev-22 102218.Pdf
    1 Introduction 4 Button Functions A. Quick Setup Method VCR *Note : You can verify that you have selected the STEP1 Press the appropriate [DEVICE] button STEP1 Press the [CBL] button. *Note : To return TV device to CBL channel 6 Set­up Code Tables TV Operating Instructions For It’s easy to program the remote control to oper- Button Press Button Number Brand correct code by pressing the [POWER] and the [OK/SEL] button simultaneously STEP2 Press the [SYSTEM ON/OFF] button repeat steps above replacing [TV] with Manufacturer/Brand Set-Up Code Number button. The equipment should turn back for three seconds. The device LED will [CBL] in Step 3. TM ate your TV. Simply press the number buttons 0 0 MITSUBISHI and the [OK/SEL] button simultaneously CBL-CABLE Converters CENTURION 116 The CLIKR -5 UR5U-8780L & UR5U-8790L is on. Then try all of the functions on the turn on for 30 seconds. The next step TM designed to operate the CISCO / SA, Pioneer, through 9 that your TV brand is assigned to 1HP for 3 seconds. The [CBL] button will turn I. Programming a ‘Macro’ button. Manufacturer/Brand Set-Up Code Number CETRONIC 043 using the following four steps. remote control (i.e. volume, mute, etc.) to must be performed while the LED is on. on for 30 seconds. CHANGHONG 247 Pace Micro, Samsung and Motorola digital 2 PHILIPS If your remote model has custom-programmable CIELO 714 CLIKR -5 F ensure you have the correct code. If any MOTOROLA 002 148 206 3 JVC STEP2 Press the [INFO] button.
    [Show full text]
  • Mail Us at [email protected]
    VIZIO VP504 FHDTV10A User Manual Dear VIZIO Customer, Congratulations on your new VIZIO VP504 FHDTV10A High Definition PLASMA Television purchase. Thank you for your support. For maximum benefit of your set, please read these instructions before making any adjustments, and retain them for future reference. We hope you will experience many years of enjoyment from your new VIZIO VP504 FHDTV10A High Definition Television. For assistance, please call (877)-698-4946 or e- mail us at [email protected]. To purchase or inquire about accessories and installation services for your VIZIO PLASMA HDTV, please visit our website at www.vizio.com or call toll free at (888)-849-4623. We recommend you register your VIZIO VP504 FHDTV10A either at our website www.VIZIO.com or fill in your registration card and mail it in. For peace of mind and to protect your investment beyond the standard warranty, VIZIO offers on-site extended warranty service plans. These plans give additional coverage during the standard warranty period. Visit our website or call us to purchase a plan. Write down the serial number located on the back of your VP504 FHDTV10A. __ __ __ __ __ __ __ __ __ __ __ __ __ __ Purchase Date _____________________ VIZIO is a registered trademark of VIZIO, Inc. dba V, Inc. HDMI logo and “High Definition Multimedia Interface” are registered trademarks of HDMI Licensing LLC. Manufactured under license from Dolby Laboratories. Dolby and the double-D symbol are trademarks of Dolby Laboratories. Version 8/25/2008 1 www.VIZIO.com VIZIO VP504 FHDTV10A User Manual Important Safety Instructions This product is designed and manufactured to operate within defined design limits, and misuse may result in electric shock or fire.
    [Show full text]
  • Tuning Into a Radio Station
    Details on AM/FM reception Tuning into a Radio Station Tuning automatically 1. Press TUNER on the main unit several times to select either "AM" or "FM". 2. Press TUNING MODE so that the "AUTO" indicator on the display lights. 3. Press TUNING to start automatic tuning. Searching automatically stops when a station is found. When tuned into a radio station, the " TUNED " indicator on the display lights. When tuned into an FM radio station, the "FM STEREO" indicator lights. No sound is output while the " TUNED " indicator is off. When the signal from an FM radio station is weak: Radio wave may be weak depending on the building structure and environmental conditions. In that case, perform the manual tuning procedure as explained in the next section, "Tuning manually", to manually select the desired station. Tuning manually 1. Press TUNER on the main unit several times to select either "AM" or "FM". 2. Press TUNING MODE so that the "AUTO" indicator on the display goes off. 3. Press TUNING to select the desired radio station. The frequency changes by 1 step each time you press the button. The frequency changes continuously if the button is held down and stops when the button is released. Tune by looking at the display. To return to automatic tuning: Press TUNING MODE on the main unit again. The unit automatically tunes into a radio station. Normally "AUTO" should be displayed. Tuning to the frequency directly It allows you to directly enter the frequency of the radio station you want to listen to. 1. Press TUNER on the remote controller several times to select either "AM" or "FM".
    [Show full text]
  • LE Tmaiws' Caitzsaid Stantalizing SPECIALS ALL WEEK LONG, THEN S~~~~~~~~~~~~~~~~~~~~~~~~~Im 11 I R-M = Vw I" "M
    _ ~PAGE 12 THE£TECH TUESDAY, NOVEMBER 14, 1978 ~p-~-~ia~~l~bB~IP$M~ I 4 < ~~~TnxE ¢R Z 8 Il$ LE TmaIws' CaITZsaid sTANTALIZING SPECIALS ALL WEEK LONG, THEN s~~~~~~~~~~~~~~~~~~~~~~~~~Im 11 _I R-m = vW I" "M I ONKYO TX-8500 399.00 FUJI FLC-30 cass. .50 ACCESSORIES PIONEER KP-500 129 00 AKAI GX-650D: 10" open reel 695.0Ci AMPEX 631 7" 1200 ft 3.15 HEADPHONES WATTS Parastats 9.00 PIONEER TP-7005 13S.00 TEAC A-2340 tour channel 645 00 AMP£X PPT 1200tt 2.95 PIONEER SE-305 21.00 WATTS Humldmnop S1 .00 PIONEER P-16L speakers 12.00 pr. IISHARP RtT-1125 cass. 99.0C AMPEX 371 plus C-90 ' .45 PIONEER SE-4055 27 00 MAXELL tape care kit 6 00 TRUSONIC TA-520P speakers 15.00 pr IHITACHI D-550 149.00 (1) HYGAIN SSB 40 chan CB AMPEX 20/20 plus 6tr 64min PiONEER SE-500 30 00 95.00 TRUSONIG TA-620P speakers 25 00 pr PIONEE R SE-505 39 00 RANDIX AM portable clock radmo t5.00 two for 1 o95 GRANADAk CR-525 speakers 5,00-pr. 1.25 PIONEER SE-4 30.00) ITURNTABLES RANI)IX AM/FM clock radio 35.00 55 00 SO:NY plus 2 C-60 cass XI.I.L indash AM/FM/8tr l1.65 PIONEER Monitor 10- 42.00 GAFIRARD GT-55 (complete) 145.00 S AUDIC) BUFF plexigiass cleaner 3.00 45.00 SONY plus 2 C-90 cass J.ILt underdash FM/ 8 tr 10.00 AUDIO TECHNICA P.T-701 15.00 GARRARID GT-55 (table only) 75,00 E1 FIDELITONE stylus cleaners 1 .00 SCC)TCH Cl -10 R .120 SPAflKOMATIC 20 oz 2-way '25.00 GARRARD GT-'25's 125.00 l DBX 117 expanders 99.00 SCOTCF1 Classic 10',.,x3600 It 7.00 AUDIO TECHNICh AT-702 spkrs 15 00 pr (1) ESS Mark I 35.00 GARRARD DD:-75 less cartridge, 119.00- L)BX 11 deluxe expander 1 19 Q0 IRISFI C-60 chrome -1.00 PANASONIC CO-959EU AMi 25.00 (3) B l.C.
    [Show full text]