Domtar Corporation: Paper Gains Or Losses?

Domtar Corporation (NYSE:UFS) is the largest uncoated free sheet paper company in the world, and is struggling to find growth to offset declining demand in the core business. Recently, the company has been upgraded by analysts on optimism over management's M&A strategy, diversification of revenue streams, and the dividend and buyback record. With shares dropping closer to their 52-week lows year-to-date, many investors might be tempted to invest in a potential turnaround.We recommend that investors avoid this company, as it faces greater challenges than many perceive, it lacks the fundamental qualities of an outstanding investment and at its current valuation, there are better investment opportunities to be found elsewhere.The Pulp and Paper IndustryThe industry consists of mills that convert wood fibers into softwood pulp, hardwood pulp and fluff pulp. Pulp is then processed into paper, and used to manufacture products such as newsprint, uncoated free sheet paper, Bristol, personal care products (toilet paper, diapers, etc.) and countless other products that we use on a daily basis. The industry benefits from high barriers to entry, in the form of capital intensity and heavy environmental regulation. Sales are likely to decrease in the next few years due to weakened demand, the threat of foreign imports, and the emergence of online services.Source: IBISWorldIn other words, industry competition is fierce and pricing power is weak. Most products have been commoditized and have low buying sentiment. Various players have suffered in these conditions and have either been taken private (New Page Corp. was taken private by Cerberus Capital Management) or recently come out of bankruptcy (Resolute Forest Products) (IBIS World).Domtar a Leader in a Declining MarketDomtar is an integrated pulp and paper producer. The company converts wood fibers to pulp and further processes into paper products. Excess pulp that is not used internally is sold to the market. The company is the leader in uncoated free sheet paper with 8.6% market share (IBIS World). In terms of structure, 85% of the production goes to Communication Paper and 15% is Specialty and Packaging Paper (Domtar Q2 Fact Sheet). This poses a problem as Communication Paper is expected to decline 3-4% per year (IBIS World). The good news is that management is trying to solve the problem by increasing their production of Specialty & Packaging Paper (stronger margins) and building a presence in the Personal Care industry (Domtar 10-K 2013).Cost Escalation and Declining ProfitsWhile looking at the 2013 10-K and 2014 10-Qs, we note the cause of the earnings decline. Some drags on profitability may be temporary, due to bad weather in Q1, or resolution of a lawsuit in 2013, but many are worrisome. Increased input costs (driven by the cost of fuel and electricity), increased freight and selling costs and the loss of the Alternative Fuel Tax Credit all impact future earnings. In Q2 2014, decreased demand led to greater idle time (approximately 51000 tons), which meant that costs were being spread over a smaller base, thus increasing unit costs (10-Q, Q2 2014), and slimming margins.With declining demand, management has been re-purposing or closing down facilities. This has increased costs for laying off workers, losses on disposal of equipment (specialized equipment is unlikely to have much value outside of pulp and paper production), environmental obligations (already reflected in allowances but they could surpass expectations), and any other shutdown costs.Looking through the MD&A, we note that roughly 50% of the 9400 employees are unionized. Of these employees 1800 of them will be negotiating their collective agreements this year, with other negotiations occurring between 2015-2017. This can potentially lead to increased labor costs, even if it is just inflation pegging. If this increased cost cannot be passed on to the consumer, margins will be compressed. With falling demand, and greater competition from foreign (Chinese) competitors, due to a strong USD and lower wages, it is unlikely that consumers will tolerate much of a price increase. At best they may be able to pass on minor increases. Given that Domtar was unable to realize a full price increase in F14Q2, it seems realistic to see slightly tighter margins.Customer RiskDomtar is exposed to significant customer risk. About 35% of total revenue comes from the 10 largest customers (Domtar 10-K). The financials also state that 10% of total revenue comes from Staples (NASDAQ: SPLS). When we consider Staples' own troubles and its mass store closure plan, Domtar could suffer declining demand from their biggest customer. Furthermore, Staples has bargaining power over Domtar, and could potentially pressure Domtar to take price concessions in order to maintain order volumes.Fundamental WeaknessThe story is not promising for Domtar, but the company is looking to pivot in hopes of finding growth. The company has no economic moat and does not appear to be able to continue business long-term in its current state. They face increasing costs, decreasing demand, a unionized workforce and virtually no product differentiation. This does not appear to have the potential for outstanding returns. Can the transformation plan fuel growth, and make it a worthy investment?Personal Care: Brilliant Diversification or Misguided Waste of Capital?The Personal Care unit consists primarily of adult incontinence products and infant diapers. These products are made with highly absorbent fluff pulp, which Domtar manufactures, and super absorbent polymers. Management's strategy is to take advantage of an aging population, while at the same time gaining a greater presence in Europe. The Personal Care division currently represents 10% of total revenues, yet 23% EBITDA (Domtar Q2 Factsheet). This indicates healthier margins than the core business. However, this does not mean that the push into Personal Care will be successful.Adult Incontinence (NYSE:AI)Domtar is now competing in a concentrated business, in which 90% of the market has been controlled by the 5 biggest players over the last 10 years (Domtar, 10-K 2013). This market has two segments: retail and institutional. Domtar generates 85% of its AI revenue from institutional sales(Seeking Alpha, Q2 2014 Earnings Call Transcript). Two problems arise from this institutional strategy. First, these sales are extremely sensitive to government spending on health care. Second, without long-term contracts, Domtar could be undercut by larger players with greater production and distribution capabilities. This could force price drops and lost sales. The remaining 15% of Domtar's AI sales are through the retail channel. This is unlikely to become a major source of revenue. Established players like Kimberly-Clark (NYSE:KMB) have network advantages with strong distribution and customer relationships that will provide them with favorable shelf space. They also have established international brands, such as Depends and Poise. On top of this they have huge marketing budgets. At the same time, Procter & Gamble (NYSE:PG) is re-entering the segment with their Always brand and investing $150M in marketing to gain a meaningful share of the market (AdvertisingAge).Infant DiapersDomtar entered the US infant products business through the AHP acquisition. The company manufactures store brand diapers. On the surface, this private label strategy appears more favorable than going up against branded products. In fact, the top 2 branded manufacturers control 80% of the total market. The rest of the private label manufacturers, including Domtar, compete for the remaining 20% of the market. In terms of growth, management expects demand in the US to be flat (10-K 2013). With flat demand, they would need to either increase revenues through higher prices, or steal market share by slashing their prices. The question is, can they actually increase prices? From their 10-K: "The [infant diaper] business is focused around a small number of large retailers that control the majority of the volume in North America which is driven by multi-year contracts, and leads to the competitiveness and volatility in the industry." Customers (large retailers) have high bargaining power, and in the tough retail business, they will most probably be against any increases. Additionally, a pricing war would most likely be won by larger competitors.Mergers: a Flawed StrategyWhile there is much uncertainty, what is clear is that UFS will need significant investment and time to become a major player in the Personal Care industry. Domtar faces challenges in integrating the acquired companies. There have been recent headwinds in the Indas acquisition through higher than expected startup costs, and the loss of 2 major customers during the transition of ownership of that business. Currently capacity constrained, the company expects benefits from this acquisition to appear in the Q4FY14.Much of the lost revenues from Pulp & Paper is being offset by acquisitions, but this is not sustainable. M&A means premiums, restructuring costs, and integration costs. Furthermore, there is a limit to how much and how fast Domtar can buy earnings to offset the decline. Investors can reallocate capital more easily and less costly than Domtar can buy their way into the industry.Price-to-Book a Misleading Measure of ValueLooking through prior articles on Domtar, many investors have been hanging their hats on the company's low Price-to-Book ratio. As of September 10, 2014, the company is trading at a P/B ratio of around 0.86 (assuming a market cap of 2.43B). Taking this number at face value is a serious mistake made by many investors. One must understand what the company is putting on their books, and a better ratio would be the price-to-tangible-book ratio.[(Assets - Liabilities) - Intangible Assets] = Tangible Book ValueGoodwill should be removed as it reflects the premium paid on past deals and not necessarily what can be received from a liquidation, while the other intangibles are primarily brand names and trademarks. Trademarked names for a declining commodity do not seem like a sellable asset in a liquidation. We calculated 2 different Price-to-Book Ratios:a) Removing Goodwill: June 30 2014 --> 2.430/2.171 = 1.12b) Removing ALL intangible assets: June 30 2014 ---> 2.430/1.523 = 1.60Following the logic other investors have been using, using tangible book value would indicate an overvalued stock, by either 12% or 60% depending on your opinion of intangible assets. That's a big difference compared to the "16% upside based on book value" others have been praising.Debt Situation AnalysisAs of Q2 2014, the company has around $1.4B of long-term debt on its balance sheet. Major uses of this debt are: general corporate usage, acquisitions and refinancing of prior issues. The company's most recent debt issuance ($250M Nov. 2013) was rated BBB- by Standard & Poors. This is considered the lowest investment-grade and should be cause for concern. If the core business continues to deteriorate, or if there are downturns in the economy, costs of debt could rise substantially. Of course, these are "what-if" scenarios, but as investors we must have an idea of all the risks pertaining to the company. There are two areas that require further attention on the Liabilities section of the balance sheet:1) There are off-balance sheet commitments such as operating leases on Property, Plant & Equipment, which should be added back to debt, with the accompanying operating expense becoming an interest expense.Source: Domtar Corporation 10-K 2013While we believe the company should be able to make these payments, they are commitments that could become serious problems if any liquidity problems were to arise in the future. As their borrowings increase, they may need to seek more off balance sheet financing, at higher costs and perhaps with more restrictive covenants.2) The company may have breached a covenant on the Bank Credit Facility (FY2013)There are two covenants for the Amended Bank Credit Facility (p.128, 10-K 2013)1) Interest coverage ratio of not less than 3-to-12) A leverage ratio, that must be maintained at a level of not greater than 3.75-to-1Looking at the 10-K 2013, it appears as though the company had breached its covenant of keeping the interest coverage ratio above 3, as we calculate it at 1.89. Management had stated that they were in compliance with the covenants at December 31, 2013. We would need to receive more clarification on this, as we do not know exactly how they calculated the ratios. On our part, we are following the original coverage ratio (EBIT/Int Exp). Management may be using an adjusted interest coverage ratio of EBITDA/Int Exp. Another possibility is that creditors were not interested in triggering a technical default as long as interest payments kept rolling in. Will they be so forgiving in the future if the ability to make payments declines?Note, the company HAS been in compliance in Q1 & Q2 2014, though just barely. While interest expense actually increased in the first 6 months of 2014 compared to the first 6 months of 2013, the acquisition of Indas brought on a substantial amount of operating income keeping the ratio in compliance. If they are unable to replace operating income lost in the Pulp and Paper segment fast enough, this can lead to a future breach of covenants.The company is in compliance with the financial leverage ratio as of Q2 2014 (2.24)Source: Morningstar via QuestradeCash Flow AnalysisThe term Free Cash Flow seems to be a favorite of management, but this can be misleading. Free Cash Flow also includes net new borrowings. Investors prefer to own companies that have high quality free cash flow; that means it is being generated from operations and not borrowings. Looking at the 10-K cash flow statement, it is clear that Domtar's FCF is low quality. Not only have earnings declined by over 75% since 2011, but the cash generating ability of the business has also suffered dramatically. Domtar is generating 53.5% LESS cash flow from operations. But while cash from operations is dropping investing activities have been rising, and this deficit needs to be funded with debt. Domtar closed 2013 with $655M in cash, but most of this was spent on acquisitions in early 2014. While 2014 operating cash flow is 33.9% better than the first half of 2013, investing activities are up 438%, eliminating cash reserves.Source: Morningstar via QuestradeAlternatives to M&A ProgramWhile the hope is that these acquisitions pay off in the future, do investors really want to bank on hopes and dreams, when the company could have paid a special dividend roughly 8.38$ ($546M/65.1M shares) today, or retired roughly 15% ($546M/$39 share price= 14M shares retired) of shares outstanding? Would this not have benefited shareholders more directly and with more certainty?The dive into Personal Care will require substantial expenditures, both through future acquisitions, and increasing capacity at Laboratorios Indas. Simply put, the company will be splitting its free cash flow budget between the M&A program and returning cash to shareholders, not fully executing on either strategy. With Personal Care currently sitting at 10% of total revenue, the M&A program will need to be a long-term strategy if the company expects to truly balance their revenue streams. This could lead to increased risk through debt issuance, or the dilution of current shareholders through equity issuance. Management gave this response when an analyst asked about the buildup of Personal Care business through M&A and use of leverage:"..And so far, we've made rather a medium-size acquisition. So if we continue in that route, I don't think there's a risk on the balance sheet side. But if there's the right acquisition that's a little bit bigger, we'll have to make our decisions then." (Seeking Alpha, Q2 2014 Earnings Call Transcript)Could shareholders get burned by dilution or increased investment risk? Might there be a better alternative for delivering shareholder returns? We believe the following alternatives are worth examining:1. Stock buybacks: continue to reduce the number of shares outstanding, improves the EPS, reduces the amount of dividends paid out and can be a good investment if management does think the shares are undervalued.2. Industry Roll-up: acquire competitors in pulp and paper, essentially increasing market power, increasing economies of scale and reducing pricing competition.3. LBO or MBO: take the company private to reduce the costs of staying public, shareholders exit at a premium, and management can restructure the firm privately while servicing the debt with cash flow generated by the business. This has been done with many competitors.4. Increase dividends or special dividend: return capital to shareholders and allow them to reallocate to other investments.5. Focus on Specialty offering: continue pulp and paper production, but with a greater focus on packaging and specialty grade paper that has less threat of substitution.Conclusion: Investing is a Relative GameSuccessful investors know that it is a relative game. We can't predict the market or economy. But we can choose the best relative investments available. This is the essence of capital allocation. At a P/E of 14.16, UFS is justifiably cheaper than the S&P 500 (NYSEARCA:SPY) at a P/E of 19.68 (www.multpl.com). When you consider that Domtar is in a declining industry, has no competitive advantage, no pricing power, escalating input prices and a unionized workforce, it is not unreasonable to expect earnings to decline for the foreseeable future. This would either make the P/E multiple expand as EPS falls, or the price would fall, keeping the P/E stable.Now the Personal Care division can expand and make up the lost EPS in the future, but buying growth is not cheap, quick, or risk free. Do not underestimate the risk in Personal Care or the difficulty in integrating acquisitions. Rather, investors should look elsewhere for potential opportunities.Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. The author wrote this article themselves, and it expresses their own opinions. The author is not receiving compensation for it (other than from Seeking Alpha). The author has no business relationship with any company whose stock is mentioned in this article.Additional disclosure: This article is the work of Giuseppe Farruggia and Costa Tagalakis of Augustus Research Ltd.

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Organic Personal Care Segment Is Creating Many Entrepreneurs in Bengaluru
Organic Personal Care Segment Is Creating Many Entrepreneurs in Bengaluru
From Sea Buckthorn To Moringa, The Oils That Your Skin Needs Right Now There has been a rise in using rare and unusual ingredients in beauty and personal care products because of their benefits. From sea buckthorn, moringa to pomegranate seeds and olive oil, its time for you to add some variants to your beauty regime. Swati Kapoor, Co-founder of SoulTree and Reena Chhabra, Chief Executive Officer of Nykaa Beauty list some of their top picks for healthy, supple skin. Pomegranate seed oil is an exceptional cosmetic ingredient and aids in the production of collagen. It is full of antioxidants like Punic acid (Omega 5), Vitamin K, C, B6, Folate and Potassium, and helps heal blemishes and scars. It also revitalises dull, dry hair and protects it from pollution. It has excellent regenerative and anti-inflammatory benefits, making it a powerful healer for mature and dry skin. Rich in vitamin E, almond oil protects the skin against oxidative stress. It also helps prevent acne and puffiness under the eyes. Moringa oil has soothing and anti-inflammatory properties along with anti-ageing benefits. It also rejuvenates dull, tired skin. Extracted from the seeds of Moringa Oleifera, this oil is extremely rich in phytonutrients, light on the skin and makes for an excellent moisturiser. With a long history of usage in folk medicine, the unique high-fatty acid and high vitamin content of sea buckthorn oil makes it beneficial for skin, hair, and nails. It has high anti-oxidant and anti-inflammatory properties and can be used as a natural moisturiser, cleanser and exfoliator for a golden glow.Fish, Nuts, Fennel: Foods That Act As Natural Skin Cleansers And Keep Acne Away Have acne trouble? A balanced diet along with a healthy lifestyle can help you curb it, say experts. Preeti Seth, Cosmetologist, Pachouli Wellness Clinic, Delhi, and Prabhu Mishra, Senior Cosmetologist, SCI International Hospital (Delhi), tell what all one should eat to keep acne at bay. Brown rice is a rich source of vitamin B, protein, magnesium, and several antioxidants. For acne, vitamin B acts as our skin's stress fighter, which will help regulate hormones levels and prevent the likelihood of breakouts. Garlic is another super food that helps fight inflammation. Garlic is full of a naturally occurring chemical called allicin, which kills off many harmful bacteria and viruses your body might be fighting, so its proven to be good for reducing inflammation in acnes. It is the perfect skin clearing food. It contains health building properties like vitamins A, B complex, C, E, and K. These antioxidants fight radical damage which will assist with the luminosity of your skin. Known to be a very good source of omega-3 and 6-fatty acids, fish is excellent for an acne prone skin. These acids reduce inflammation in the skin. Sardine and salmon are very good for skin.BENGALURU: On weekdays, Yasmin Khanbhai, 33, is a strategic trends manager for an oil and gas company. On weekends, she transforms into a wellness artisan formulating handcrafted soaps and organic face and body products using natural ingredients like kokum butter, lemongrass oil and vanilla beans at home.Khanbhai started this career juggle three years ago but is not complaining as she is witnessing a 20% month-on-month growth in sales for her organic mosquito repellant and headache relief roll-on, which are marketed online."The city is home to many working women in the 30-50 years age bracket who begin to prioritise skin care. Financial independence gives them an open hand to shop for new products," says Khanbhai, who uses locally sourced ingredients like citronella and lemongrass essential oils from Tamil Nadu and rose water from Chattisgarh.Sahar Mansoor, 27, launched a similar personal care and lifestyle startup three years ago after watching online tutorials and attending workshops. She quit her job as a policy analyst for a solar energy company and started making organic products like basilrosemary soap, reetha and coconut oil detergent powder and organic toothpaste at her tiny unit on Infantry Road."Millennials want to align their values with products that reflect the same. Senior citizens like to buy natural products as they make them feel nostalgic," says Mansoor.Nidha Adeni, 35, founded a handmade soap brand a month ago after having worked as a marketing professional for various MNCs. "My research showed that Bengaluru is an informed city where fitness is taken seriously and eating organic and cleaner food is important. Handmade personal care is the next segment in this movement," she says. The self-taught artisan makes about 500 soap bars a day using natural raw materials like olive oil, mango butter and kokum butter.Seasoned artisans like Mayura Kadur, 35, note how the competition is growing. "When I started in 2012, there were just about four such brands. In the last three years, the segment has grown multifold. I can easily count about 40 now," said the former dentist.Natural cosmetology consultant Neetha Bhoopalam, who conducts workshops on the making of personal care products, says: "Entrepreneurship in this segment has grown in the last six years. From 2-3 people per class five years ago, I freeze admissions at 15 now."Could/would you do 'personal cares' for your bedbound mother/father?any person who does not take care of the very people who raised them are horrible souless people
Johnson & Johnson Removing Toxins From Baby Products
AMID pressure from activists, Johnson & Johnson says it is is continuing efforts to remove traces of two harmful chemicals from its baby products sold in many countries, including Australia.An international coalition of consumer and environmental groups has been pressing J&J since May 2009 to remove two potentially cancer-causing chemicals, quaternium-15 and 1,4-dioxane, from products including its signature Johnson's Baby Shampoo, long advertised under the slogan "No More Tears."The group, called the Campaign for Safe Cosmetics, has released a report, Baby's Tub is Still Toxic, which says quaternium-15 is still an ingredient in Johnson's Baby Shampoo sold in Australia, the US, Canada, China and Indonesia.Two weeks ago, the campaign was emboldened after finding the health care giant had removed the two chemicals - 1,4-dioxane, a byproduct of a process for making chemicals gentler on the skin which is considered a likely carcinogen, and quaternium-15, a chemical that releases the preservative formaldehyde - from products in several countries, including the UK, Scandinavia and South Africa.So the campaign pushed J&J to also remove trace amounts of the chemicals from products sold elsewhere, urging a worldwide boycott of J&J baby products via its Facebook page and its website.Johnson & Johnson, which is based in the US state of New Jersey, told The Associated Press that it expects to remove all quaternium-15 from its hundreds of baby products within about two years - sooner for baby shampoo.It's already started providing some versions with alternative preservatives.The company's "long-term goal" was to keep seeking new alternatives that don't produce 1,4-dioxane in the manufacturing process, J&J said in a letter sent late Wednesday to the campaign's director, Lisa Archer."We think it's an important step forward. We look forward to the day when all their products are free of carcinogens and other chemicals of concern," campaign spokeswoman Stacy Malkan said.Susan Nettesheim, who heads J&J's evaluation of product chemicals and safety, told the AP J&J used different product formulas in different countries, "based on the availability of raw materials, development of formulas that were done in many cases years ago and consumer preferences" for the look and feel of products.J&J, which also makes Band-Aids, medical devices and biologic drugs, has repeatedly said formaldehyde-releasing preservatives are safe and legal.However, the campaign notes there are no standards for those chemicals in personal care products in the US and many other countries.The campaign and outside experts say the chemicals irritate the sensitive, highly permeable skin of babies and, combined with all the other chemicals to which they are exposed, contribute to health risks.On November 1, the campaign sent Johnson & Johnson CEO William Weldon a letter urging the company to publicly commit by November 15 to removing the chemicals from all personal care products.The letter was signed by about 25 environmental, medical and other groups that have about 3.5 million members worldwide, including the American Nurses Association and the Breast Cancer Fund.J&J said then that it was gradually phasing the chemicals out of its baby products. Its Johnson's Naturals baby shampoo does not include 1,4-dioxane, but costs twice as much as original Johnson's baby shampoo.Ms Malkan said the harmful chemicals are "widely used in other products"."We are pressing for all companies to remove these chemicals," she said.In its letter to the campaign's director, J&J wrote that it understood product safety was important to parents, noting that last year it removed phthalates, another dangerous chemical, from its baby products.The letter did not discuss any plans for removing the three chemicals from products for adults, such as its Aveeno and Neutrogena skin care lines.Originally published as J&J removing toxins from baby products
3 Disruptive Solutions for U.S. Healthcare: CareMore, Forward, Health City
American healthcare needs a hero. Among other wealthy countries, it ranks dead last in clinical outcomes yet costs more than $3 trillion a year. By comparison, Europe spends $1.8 trillion annually on healthcare for a population nearly twice the size.This three-part series, which previously explored the limited impact of primary care innovators and the struggles of U.S. hospitals, now concludes with the search for a hero – a disruptive cure for what ails the U.S. healthcare system.Highlighted here are three possible directions the industry could turn and three trailblazing companies hoping to guide the way.CareMore: In The Direction Of High-Touch Patient Care Today’s healthcare is extremely people dependent. From receptionists, billing clerks and housekeepers to nurses, technicians and physicians, people account for more than 40% of all healthcare expenditures.Therefore, one might assume lowering the cost of medical care means slashing headcount. Not at CareMore. The company spends twice as much on staffing as the typical healthcare organization – part of an approach that has proven remarkably successful.Founded in 1993 as a medical group, CareMore was acquired by Anthem in 2011 and rapidly expanded its services across eight states. The company’s president and CEO Sachin H. Jain believes the best way to lower healthcare spending is to invest in the health of patients.To do that, Jain hires large numbers of nurse practitioners, social workers, physician assistants and pharmacists. Located in care centers, these multidisciplinary teams help seal the cracks of America’s fragmented care delivery system.In a recent Forbes editorial, Jain explained his hire-more philosophy: “Given the false choice between ensuring that I have the right processes and technology in place or the right people … I would choose the latter every day of the week.”Indeed, people are central to CareMore’s strategy. But to understand why the company may prove disruptive, let’s dive deeper into its model, one that prioritizes disease management, limited specialty referral and reduced hospitalization:This last point may be the most important. In some ways, CareMore’s model resembles other cutting-edge primary care programsthatserve patients with chronic illnesses. But by using nurse practitioners and extensivists to personally manage referrals within CareMore’s cost-effective specialty network, the companygoes a step beyond.As a result, CareMore achieves 20% fewer hospital admissions, 23% fewer hospital days per patient and a 4% shorter inpatient stay compared to traditional Medicare beneficiaries.The biggest question for CareMore is whether it will hit a ceiling. Its people-dependent approach could prove toodifficult to replicate on a nationwide scale. As it tries to expand to new markets, CareMore may also encounter resistance from patients and the broader medical community given the narrowness of its specialty network.Forward: In The Direction Of High-Tech Patient Care Adrian Aoun, who created Forward in 2016, takes a decidedly different approach to solving healthcare’s biggest problems. With a background in artificial intelligence (AI), Aoun previously created Sidewalk Labs, an urban innovation project for Google and, before that, a news-aggregation startup that Google purchased for more than $30 million.So, rather than hiring more people, Aoun uses sophisticated technology to reduce healthcare’s massive headcount and costs. He thinks computerized systems can diagnose and treat humans more accurately and affordably. And because human employees are more expensive and less-reliable than computers, you won’t find many of them performing traditional office roles at Forward’s San Francisco location, nor at the one set to open in Los Angeles. Instead, here’s what you will see:As a primary care model, Forward’s approach is interesting but unlikely to disrupt the $3 trillion healthcare industry. The company's uniqueness is in itstechnology, which is designed to scale up. Through high-tech devices and AI programming, Forward’s model could expand into high-end specialties. Already, the company is introducing automated eye refraction and digitally enabled melanoma screening at little or no extra cost.Ask most doctors, and they’ll tell you Forward is not the future of medicine. Then again, technology aversion is the very thing that undid industry titans like Kodak, Borders and Yellow Cab.Ultimately, Forward’s disruptive ability depends on how far and how quickly the company can broaden its scope beyond primary care. For example, will Aoun seek to hire a select group of specialists to consult with patients via video? Imagine the benefit of having top cardiologists and oncologists checking in on that giant wall monitor or via a patient’s smartphone. More importantly, can Forward convince insurance companies to carve out dollars from premiums to pay for the patient care delivered and for the hospital or specialty care avoided? If not, Forward’s going rate of $149 per month may restrict its footprint to the nation’s most affluent areas. Health City: In The Direction Of Off-Shore Patient CareTake a one-hour plane ride from Miami to the Grand Cayman Islands and feast your eyes on the palm-tree-lined entryway of healthcare’s third potential disruption. Health City is a sophisticated, modern hospital, offering affordable cardiology, pediatric, orthopedic and oncology services with clinical results that rival the best in the United States. Adjacent to the hospital, you’ll see the future site of a five-star hotel. Dr. Devi Shetty hopes to fill it with hundreds of Americans each night, thus making his healthcare tourism plans a reality.Shetty, an India-born and American-trained surgeon, sees the future of healthcare differently than the leaders of CareMore and Forward. He believes 50% of the costs swallowed up by traditional care providers can be eliminated through discipline and operational excellence.Shetty’s approach, like the other two, is complex. It includes:Health City’s biggest challenge is getting patients to travel to the Cayman Islands for care. The objective data affirms the hospital’s clinical excellence and lower costs, but Americans distrust the medical care provided in other parts of the world. With most of its patient population hailing from the Caribbean and South America, Health City’s best hope is to contract with large, self-funded U.S. companies that want to cut their medical costs in half, particularly those organizations willing to offer employees incentives to combine their medical care with a tropical island vacation.Will Healthcare Disruption Happen? How? American healthcare is inefficient, ineffective and expensive. In other words, it’s ripe for disruption, which could happen a number of ways. It may be through highly personal care that effectively manages utilization and helps sick patients get healthier. Perhaps high-tech systems will replace expensive humans and create far better outcomes for patients. Or maybe an operationally efficient, off-shore solution will disrupt America’s bloated delivery system, just as it did the manufacturing and IT sectors.CareMore, Forward and Health City represent three possible approaches to healthcare disruption, but it’s far too early to declare a hero among them. Combined, these companies care for a fraction of 1% of American patients. Should that number grow, it will likely come at the expense of the doctors and hospitals who benefit from today’s broken system. Unless healthcare providers in the U.S. are willing to embrace new solutions and care delivery models soon, they risk being disrupted. The cautionary lesson taught by other industries is that once disruption begins, it’s already too late for the old model to save itself.
What Are the Advantages of LED Light Source DLP Splicing Products
What Are the Advantages of LED Light Source DLP Splicing Products
As a new large screen video technology, LED light source DLP splicing products have always been one of the key industrial innovations concerned by the industry. The adoption of sub era light source LED technology is not only a simple change in light source technology, but also will fundamentally change the practical performance of DLP splicing products, and even create many new application modes. So, what unexpected new surprises will the new LED light source DLP splicing bring to industry customers?Lower system cost of ownershipThe first significant change in the application of LED light source to DLP splicing wall products is that the cost of users is significantly reduced. Although the use of LED technology will increase the first investment of DLP splicing wall project by 30%, the service life of LED light source reaches 60000 hours, which is about 20 times that of traditional mercury lamp. In other words, the customer's lifetime hit on the DLP splicing wall will save at least 20 bulb replacement costs. This cost can not only offset the increase of DLP splicing unit cost caused by LED technology, but also "save a lot of investment".Another feature of LED light source technology is that the three primary colors emit light independently. This makes the DLP projection system no longer need the previous color wheel beam splitter. As a mechanical operation product, the maintenance and replacement frequency of color wheel is also an important part of customer cost. Although color wheel components are not the core consumables of DLP splicing wall, the economy of LED light source products without color wheel can not be ignored.The long-life LED light source also greatly reduces the maintenance frequency of DLP splicing wall. The annual maintenance quantity can be reduced by at least 50%. This will also serve as an important "money saving" node and become one of the important added values for customers to purchase LED light source products. In addition, as an efficient light source product, LED will also bring higher luminous efficiency and higher light utilization, thus reflecting another part of the "low-cost" characteristics of saving electricity.Higher system reliabilityLED light source products are solid-state cold light source products. The utility model has the advantages of high working efficiency, low heat generation and less accidental damage in solid state. The traditional mercury lamp light source has the same vulnerability as an ordinary electric bulb. Its product temperature is very high in the high-light working state, and it is more likely to be damaged, burned or burst due to accidents. The solid-state emission of LED light source significantly increases the stability of the light source itself.Different from traditional mercury lamp products, LED light source is driven by low-voltage DC pulse. The power supply part does not contain high voltage and high current components, so the service life and stability of the power supply are more controllable. Combined with the natural luminescence of the three primary colors of the LED light source, there is no need for mechanical color wheel components for light splitting, which makes the LED light source more stable than the traditional mercury lamp in terms of power supply, control and light splitting.The three primary colors of LED light source work independently, which also makes the whole machine can still display the picture in the lack of color even if a "bulb" fails. This is in sharp contrast to the situation that the traditional single lamp DLP splicing unit cannot work once the bulb is burned out. It can display without color, so that once the light source appears unexpectedly, the LED light source can minimize the loss of customers to the greatest extent, or even no loss. Compared with the simple single lamp DLP splicing unit, the reliability of LED light source products is closer to the dual lamp backup system.Green environmental protection and low carbonLED light source technology is a famous green environmental protection technology. The characteristics of its semiconductor process make it easier to control toxic metals. Unlike the traditional mercury lamp, once damaged, it is likely to cause the leakage of toxic elements in the internal mercury lamp. As a semiconductor element, LED light source can also be recycled, and important metal elements can be recycled in the smelting process again.In addition, LED light source products are also light source products with high luminous efficiency.Under the same brightness conditions, it has lower energy consumption. Moreover, the LED light source emits light in digital pulse mode with independent three primary colors. The LED light source works only when the DLP light valve chip DMD needs light of a certain color. This is quite different from the continuous ignition mode of the traditional mercury lamp. LED light source does not work continuously. It only makes valuable luminescence when needed, which also makes it better meet the needs of low-carbon and environmental protection for future economic development.Bright colors make the picture more gorgeous
Holographic Cloud HCDP Online Display Platform Provides Low Data Rate Internet Access for Mobile Pho
Holographic Cloud HCDP Online Display Platform Provides Low Data Rate Internet Access for Mobile Pho
With the development of information technology, the digital transformation of the exhibition hall has become a worldwide trend in the field of exhibition design. Digital pavilions such as "digital Forbidden City" and "digital Dunhuang" let us enjoy unprecedented shock. With the arrival of the film Avatar, 3D technology has really entered the public's life. Holographic technology is amazing in digital interpretation. The interpretation of holographic sand table and image presentation make the demonstration items "live" and "move".The digital exhibition hall integrates multimedia creativity, breaking the time and space constraints of the traditional exhibition hall. The display content presents a design mode of virtual and real combination, making the display more scientific and technological.The change of science and technology and the development of technology have triggered the transformation of the times. Digital display pays more attention to the audience, which greatly improves the subjective initiative of participants, that is, the ability to display information.Digital display industry takes digital image as the core and has always been considered to belong to CG (digital image) industry, but this is obviously not completely appropriate. Through the combination of three-dimensional digital image and touch screen, infrared sensor, projection and other hardware, digital display has completely gone beyond the scope of digital image. It emphasizes the functionality of display, experience and interaction. Compared with CG, it is closer to the display industry. It is a higher-level display industry generated by the combination of three-dimensional digital image technology and display applications. Compared with the traditional display mode of "product display board", digital display has incomparable advantages.The most important feature of digital display is to visualize information. Whether it is text information, an idea or even a feeling, it can be transformed into three-dimensional digital images.Vision is the fastest way for human beings to obtain information. An image contains countless information points, which can be obtained in an instant by looking at the picture. If expressed in words or language, it not only takes a lot of time, but also prone to omission and misunderstanding. Therefore, digital display is a high-speed channel to establish the communication between virtual information and the real world by using visual images. For example, the advantage of digital display has been widely used in the display of the real estate industry. Developers use virtual three-dimensional images to visually display the real estate, so that consumers can see and buy at ease.The multimedia digital exhibition hall represented by WIMI. Us, a domestic holographic giant, uses a variety of multimedia and digital technologies (holographic technology), combined with the latest film and television animation technology, attracts audiences with a variety of novel technologies, takes multimedia and digital technology as display technology, and combines unique digital creative publicity content, Attract visitors with various novel technologies and realize the exhibition form of human-computer interaction. These include digital sand table, interactive projection, digital cinema, 3D promotional films, etc., which make the overall atmosphere of the exhibition hall more scientific and technological and give the audience a shocking visual experience.The traditional exhibition hall is generally displayed in the form of "exhibition board product commentator", which has a long history. In a very limited space, exhibition boards and products occupy a lot of space, which affects the transmission of information in the exhibition hall, and the display form is single.Micro beauty holographic digital exhibition hall is also called multimedia digital exhibition hall. The holographic presentation technology of micro beauty holographic cloud can create a virtualized integrated space presentation for the theme exhibition hall and build a theme museum with clear theme and ultimate effect. Give consideration to interaction, presentation, art and education.Holographic cloud HCDP online display platform comprehensively transplants the authenticity interaction and social attributes of offline exhibitions to the online, so as to build a new ecology of online exhibitions. Combined with the platform IP operation capability of holographic cloud, IP will be themed for offline commercial holographic exhibition.The digital exhibition hall displayed by Weimei holography is different from other traditional exhibitions. Especially in intelligence, interactivity and informatization. The digital exhibition hall generally has a main control system to control the classification, aggregation, reorganization, switching, etc. of all projects. Most of the items in the digital exhibition hall are controlled by gesture, motion capture and other interactive means, so the digital exhibition hall focuses on the interaction with users. This improves the interest of the whole exhibition hall. Many projects are displayed by means of information interaction such as face recognition or photo generation, which not only improves the interaction, but also plays a role in collecting user information.The digital application of micro beauty holography has been extended to all walks of life in the digital exhibition hall. Its application fields include holographic shopping experience, holographic live broadcast, holographic press conference, various theme pavilions of holographic government, holographic online holographic Exhibition Application and holographic IP commercial exhibition. For example, the digital exhibition hall of Memorial Hall combines various multimedia interactive exhibition items and themes with high-tech acousto-optic display means to leave a more direct display impression on visitors; The digital exhibition hall of the science and Technology Museum will reproduce the past history, characters and articles, so that visitors can experience an interesting journey of science, technology and culture like going back in time. The digital exhibition hall of enterprise pavilion integrates the enterprise culture into digital multimedia exhibition items and digital content display, and creates an interactive enterprise pavilion digital exhibition hall with distinct enterprise personality, etc.Digital image content combined with various hardware can derive a variety of display forms. Digital sand table, the combination of digital image content and sand table model, not only allows the audience to see the three-dimensional model, but also comprehensively understand various information of the area through the image content. 360 degree circular screen display system, with the screen surrounding the audience and shocking three-dimensional image content, can create a profound immersive experience. The multimedia interactive system can realize friendly man-machine interaction and exchange and quickly obtain rich information through the simple operation of the touch screen. In addition, there are interactive ground screen, interactive desktop, holographic projection, virtual book flipping, augmented reality... All kinds of display methods full of sense of science and technology. With the continuous combination of three-dimensional image content and more hardware, the display form of digital display will have unlimited possibilities.In the traditional display mode, "exhibition board product commentator" is the main display mode. Exhibition boards and products occupy a lot of space, and the area of exhibition board basically determines the amount of information that can be displayed. In today's increasingly expensive geographical space, this display is definitely not "green". In the digital display mode, an LCD can display the information of countless display boards, and can also adopt the dynamic picture content and interactive mode, which not only saves a lot of space, but also makes the display more vivid.Digital display has greatly surpassed the traditional display mode in terms of content and effect, and has completely exceeded the scope of traditional display in the field of application. At present, it has been widely used in real estate display, digital city, historic site restoration, virtual tour, activity special effects, project preview, industrial simulation... The content of the display has broken through the limitations of time, space and form. In the future, its application field will only be limited by people's imagination.The advent of 5g era has greatly improved the efficiency of digital display. The main advantage of 5g network is that the data transmission rate is much higher than the previous cellular network, up to 10 Gbit / s, faster than the current wired internet and 100 times faster than the previous 4G LTE cellular network. Another advantage is lower network latency (faster response time), less than 1 ms, compared with 30-70 MS for 4G. Due to faster data transmission, 5g network will not only provide services for mobile phones, but also become a general home and office network provider. The previous cellular network provided low data rate Internet access suitable for mobile phones, but a mobile phone transmission tower can not economically provide sufficient bandwidth as a general Internet provider of home computers.5g high data transmission rate and low delay are considered to have new applications in the near future. One application is practical virtual reality and augmented reality. Another application is the fast machine to machine interaction in the Internet of things.
What Are Your Feelings on My Remember Fathers Day Poem?
What Are Your Feelings on My Remember Fathers Day Poem?
What a heartfelt tribute to your dad. To reminisce about the days back when, is something we all do now and then. I also, am wishing my dad a Happy Fathers Day in heaven, missing him so much. Great write TBO......1. What do you buy a redneck stepdad for Fathers Day???????Red neck? Sun cream, of course!2. What are good fathers day ideas for 11 year old to make?well, i have two dads and im thirteen. it really depends on his hobbies. if he likes to fish then take him fishing all day off a nearby bank with your fishing rods and buy him a cheap tackle box with stuff. if he hunts then buy him a holster for his gun or a gun cleaning kit. or you could always go with the eassy way and get him a gift card from the usuals for dads like home depot, lowes, walmart, or even gander mt. you could do what i did and go to the mall and get your picture on a necklace and can get it engraved for like fifteen dollars..... make him something might work too. hope it helps!!!3. What should I get my dad for fathers day?not something, until my dad has not provided me any finacnial help for college, he promised that he grow to be gonna pay for specific stuff yet he spent his funds on my stepmother and her babies. He additionally forgot approximately my 18th birthday/Christmas/severe college graduation, now i am approximately to instruct 19 in July. Me and my dad do not get alongside4. Family Problems :( (Fathers day)?You should do what you actually likes to do. It wo not be good for us to judge your father. You can understand him better. So, it is simple, if you want to go, then go. If you do not want, then do not go.5. I Need Advice For A Fathers Day Present.?present of Time is often the well known presents at our homestead. additionally a letter expressing how plenty your father potential to you or a particular reminiscence the two one among you shared. Burning a cd along with his well known tunes must be an option too.6. fathers day gift idea?in case you reside close sufficient, take your dad out for a meal. As a discern, between the main specific issues a baby grants is their time, one-on-one. it is not relating to the meal, that's the time spent at the same time. And the memory will final longer than maximum tangible presents. dad and mom often have already got maximum each and every thing they want and time spent with their young ones is a few thing that basically you grants and that they might't purchase for themselves7. What did you buy for your father for fathers day?jordan shoes8. What are you getting your dad/husband for fathers day?i got him this picture frame from the dollar store and its a trianglular shape and its also a pencil holder its really cute !! what about you ? Happy Fathers Day !!9. Need quotes for a fathers day Gift?I saw some quotes on this website10. What should I buy my boyfriend for Fathers Day if we havn't been dating that long and I don't have much money?A sexy dinner alone together11. what is a good fathers day gift under $20 and where can i buy it?How about you get him a Lowe's gift card for EXACTLY $20?12. what do you have planned for fathers day tomorrow?kick my dad in his balls for no reason13. i need help finding a good recipe for fathers day?How sweet of you to want to make dinner for your dad! He might like this spicy Creamy Cajun Chicken Pasta recipe: SERVES 2 Ingredients * 4 boneless skinless chicken breasts, cut into thin strips * 8 ounces linguine, cooked al dente * 4 teaspoons Cajun seasoning (more or less, to taste) * 4 tablespoons butter * 2 thinly sliced green onions * 2-3 cups heavy whipping cream * 4 tablespoons chopped sun-dried tomatoes * 1/2 teaspoon salt * 1/2 teaspoon dried basil * 1/4 teaspoon ground black pepper * 1/4 teaspoon garlic powder * 1/2 cup grated Parmesan cheese Directions 1. Place chicken and Cajun seasoning in a bowl and toss to coat. 2. In a large skillet over medium heat, saut chicken in butter or margarine until chicken is tender, about 10 to 15 minutes. 3. Reduce heat add green onion, heavy cream, tomatoes, basil, salt, garlic powder, black pepper and heat through. 4. Pour over hot linguine and toss,with Parmesan cheese. Good luck!
7 Reasons Dudes Should Be the Ones to Put the Toilet Seat Back Down  Every. Single. Time.
7 Reasons Dudes Should Be the Ones to Put the Toilet Seat Back Down Every. Single. Time.
7 Reasons Dudes Should Be The Ones To Put The Toilet Seat Back Down — Every. Single. Time.However, if you take one second to flick the toilet seat back down after you pee, you are not exposing yourself to any new germs that you did not already touch while flicking the seat up. And you are also preventing your female housemate from touching the seat, thereby exposing her to toilet germs — which, if they make her sick, can potentially be transmitted to you at a later date (particularly if she is a "lady-friend," rather than just a lady who is a friend).— — — — — —Why do white women leave blood on the toilet seat?All women menstrate, its just black women dont as much as most are pregnant 90% of the time— — — — — —I Need a Good, Safe Practical Joke?Saran wrap on the toilet seat. OMG its amazing. NO. get 2 chickens and tape a sign on each one, make one of them have the number 1 and the other number 3 Then he will go crazy looking for number 2— — — — — —How can I replace a toilet seat?You can buy one at home depot.They come with installing instructions— — — — — —Should the toilet seat be left up or down?down and make shure you piss all over the seat!! muhhahahahahahaha— — — — — —Can you catch the flu from a toilet seat?u201cCan you catch the flu from a toilet seat?u201dWhat a bizarre and weird question to ask. Someone is clearly bored.OK, letu2019s attempt to answer this as normally as possible.If someone with one of the many strains of influenza were to cough or sneeze on the toilet seat of either a public toilet or one shared by someone in their own home, and then another person were to lick the toilet seatu2026 Then yes you can catch the flu from a toilet seat. Otherwise, no you canu2019t. But youu2019re welcome to go and lick some toilet seats if you like and come back to us with the results.Can you catch the flu from a toilet seat?— — — — — —I can't insert a tampon in..? HELP PLEASE?there are directions in the box that come with pictures, basically try putting you foot on the toilet seat and put it in the hole. the as you push in bend your knee to help it go all the way in until you feel comfortable— — — — — —A question for GIRLS that wear tampons ONLY!?Try a slim or regular to begin. I love Playtex Sport, but you can try whatever brand you like. Push the applicator in until you can not feel it. When you try to put it in make sure you are standing with one foot on the toilet seat (believe me, it helps in the beginning). Make sure you attempt to insert it during a time when your flow is somewhat heavy. If you do not , you will be dry and it will hurt— — — — — —Why are women so crabby when they are wrong about something??Put the toilet seat down you nasty! YOU put it up, why do I gotta put it down? This IS a matter of respect. If you take out the peanut butter, put it back! You were not raised in a barn!— — — — — —How do Girls get the toilet seat wet?probably they peed to late or they were sitting a bit too far from the toilet seat— — — — — —Would you mind pointing out the Pros and Cons of crapping while in the bathtub?pro- you do not get the toilet seat wet, and you have a toy ship to play with con- some turds do not float so you have to pretend they are a submarine.— — — — — —why do men stay single?So they do not have to put the toilet seat down,or go through the entire house at night turning lights off ,or— — — — — —Toilet seatToilet seats are manufactured in a range of different styles and colors, and they may be furnished matching the style of the toilet itself. They are usually built to fit the shape of the toilet bowl: two examples of this being the elongated bowl and the regular bowl. Some toilet seats are fitted with slow-closing hinges to reduce noise by preventing them from slamming against the bowl.— — — — — —Why do men think they have to pee standing up at home?Because we are MEN. And that is how MEN roll. Seriously though, if your (husband/boyfriend/son/other male roommate) pees on the toilet seat, just ask him about it. Maybe he's being polite (and somewhat lazy) by keeping the seat down for you.
If the Abs Doesnt Work Does That Mean the Traction Control Doesnt Either ?
If the Abs Doesnt Work Does That Mean the Traction Control Doesnt Either ?
YEPPER! They both rely on working ABS SPEED sensors inthe WHEELS! ONE thing most people forget is to have the BRAEK FLDUI flushed and FILLED every 2-3years or when the fluid turns BROWN! DOMESTIC car makers never tell you this, but it is STILL a necessary part of AUTO care. Use ONLY the genuine AC DELCO fluids from a SEALED CONTAINER! WHY, you ask??? because all brake fluid is HYGROSCOPIC1. How can I decrease friction and add traction to my mousetrap car?Good Mouse Trap Car Designs2. are 2WD trucks really bad in inclimate weather, snow, rain etc?No problem.Go for it.You can always put weight in the bed to aid in traction if needed3. How effect auto and manual gear system to differential separately.?Manually controlled automatic transmissions Most automatic transmissions offer the driver a certain amount of manual control over the transmission's shifts (beyond the obvious selection of forward, reverse, or neutral). Those controls take several forms: Throttle kickdown Most automatic transmissions include some means of forcing a downshift into the lowest possible gear ratio if the throttle pedal is fully depressed. In many older designs, kickdown is accomplished by mechanically actuating a valve inside the transmission. Most modern designs use a solenoid-operated valve that is triggered by a switch on the throttle linkage or by the engine control unit (ECU) in response to an abrupt increase in engine power. Mode selection Allows the driver to choose between preset shifting programs. For example, Economy mode saves fuel by upshifting at lower engine speeds, while Sport mode (aka "Power" or "Performance") delays upshifting for maximum acceleration. Some transmission units also have Winter mode, where higher gear ratios are chosen to keep revs as low as possible while on slippery surfaces. The modes also change how the computer responds to throttle input. Low gear ranges Conventionally, automatic transmissions have selector positions that allow the driver to limit the maximum ratio that the transmission may engage. On older transmissions, this was accomplished by a mechanical lockout in the transmission valve body preventing an upshift until the lockout was disengaged; on computer-controlled transmissions, the same effect is accomplished by firmware. The transmission can still upshift and downshift automatically between the remaining ratios: for example, in the 3 range, a transmission could shift from first to second to third, but not into fourth or higher ratios. Some transmissions will still upshift automatically into the higher ratio if the engine reaches its maximum permissible speed in the selected range. Manual controls Some transmissions have a mode in which the driver has full control of ratio changes (either by moving the selector, or through the use of buttons or paddles), completely overriding the automated function of the hydraulic controller. Such control is particularly useful in cornering, to avoid unwanted upshifts or downshifts that could compromise the vehicle's balance or traction. "Manumatic" shifters, first popularized by Porsche in the 1990s under the trade name Tiptronic, have become a popular option on sports cars and other performance vehicles. With the near-universal prevalence of electronically controlled transmissions, they are comparatively simple and inexpensive, requiring only software changes, and the provision of the actual manual controls for the driver. The amount of true manual control provided is highly variable: some systems will override the driver's selections under certain conditions, generally in the interest of preventing engine damage. Since these gearboxes also have a throttle kickdown switch, it is impossible to fully exploit the engine power at low to medium engine speeds,4. Where do I put a traction pad on a 6' 5" twin fin Fish Surfboard?john f and johnny have very accurate answers5. Anti lock and traction control light comes on at 60 pmh?If all your tires are the same size and are all worn about the same amount, you probably have an intermittant wheel speed sensor problem. Get the system scanned there will be a code stored even if the light is out and it will tell you which sensor has the problem. I will bet on the right rear sensor. You can ohm test the sensors, they should all read the same amount.
MediaTek Helio X30 Specification Leakage, Transmission and Production TSMC 10 Nm
MediaTek Helio X30 Specification Leakage, Transmission and Production TSMC 10 Nm
MediaTek's "Helio X20" system single chip is the world's first deca core central processing unit (CPU), and then launched a slightly faster Helio X25, which will be built in "Meizu Pro 6" and "LETV le2" smartphones in the future. Now, according to the latest news, MediaTek plans to start building a "Helio x30" using TSMC's 10 nm process technology, and the latest specifications flow out.On the 30th, phone arena and gsmarena quoted China's MTK mobile network as saying that people familiar with the matter disclosed that x30 will further tap the potential of three clusters and ten cores. It is confirmed that it will not only apply the 10 nm process, but also adopt the TSMC 10 nm FinFET process. It is estimated that the "tape out" will be successful as soon as June, and it is expected to achieve mass production by the end of the year.Although Helio x30 is still the "three clusters and ten cores" design proposed by MediaTek, it has been greatly improved in terms of processor core and main frequency. X30 will be composed of ten cores, including two a7x 2.8GhZ, four A53 2.2GHz and four A35 2GHz. Among them, two a7x cores are not accurately named for the time being. It is the latest product of arm, code named "Artemis", It will not be officially released until the middle of the year at the earliest. Compared with A72, Artemis has at least 20% performance improvement and reduced power consumption.The A35 has excellent power-saving efficiency and 40% faster computing speed than the previous cortex-a7 core. In addition, Artemis is the next generation core produced by arm after cortex-a72, which should compete with Qualcomm's kryo solution. Using TSMC's 10 nm process means that the power saving efficiency will be 100% higher than that of Helio X20.Not only the process and the core / main frequency are greatly upgraded, the network part of Helio x30 is also significantly strengthened. The x30 will return to the embrace of img, integrate powervr 7-series MP4 GPU, support up to 26 million graphic lenses, dual cameras and VR technology. The network will support all Netcom and support cat.13 standard (previously transferred to cat.10).However, the above news is only a rumor, and we'd better have reservations about it.
Car Parking Light Bulb Question?
Car Parking Light Bulb Question?
extremely tough step. seek on to yahoo or google. that will may help!1. Who invented the light bulb?Humphrey Davey was actually the inventor2. How Long Should Headlights Last? | Blog | PowerBulbs UKIf you are trying to guess how long your headlights should last, you will first need to consider the type of bulbs in your headlights. There are three common bulb types on the market today-halogen, HID, and LED bulbs. Each has their benefits, but we will focus on longevity for now. Out of all three types of bulb, halogens rank the worst in terms of longevity. Estimates for the lifespan of a halogen bulb range from 500 to 1,000 hours, depending on the exact bulb used. You can choose maximum performance bulbs, which will give you brighter light but a shorter lifespan. More budget-conscious or eco-friendly drivers might opt for an eco or long life bulb. Halogen bulbs in this category last two or three times longer than standard bulbs, though you may notice they are not quite as bright. Next up are HID bulbs. These bulbs last much longer than halogen bulbs, but still fall short of the impressive longevity offered by LED bulb. An HID bulb should last anywhere from 2,000 to 3,000 hours. That's up to six times longer than the shortest-lived halogen bulbs. With an HID bulb, you should get several years' worth of use before the bulb needs to be replaced. Of course, this will depend on your driving habits. Finally, LED bulbs last the longest of all three headlight bulb types we've discussed. LED bulbs can last as long as 30,000 hours. That's enough to make it through the entire lifespan of many vehicles, meaning you may never have to replace LED bulbs. However, not all LED headlight bulbs are street legal, so be sure to check before installing LED headlights. Getting the most life out of your headlight bulbs If you are interested in squeezing every last hour out of your headlight bulbs, there are a few steps you can take to ensure your bulbs wo not need to be replaced anytime soon. For one, consider upgrading your headlights. As we said before, HID bulbs last much longer than halogen bulbs. If your vehicle currently uses halogen headlight bulbs, you can purchase an HID conversion kit. This will allow you to use HID bulbs instead, and you will find yourself changing out your bulbs much less often. HID bulbs have many other advantages. They give off a brighter light and have a higher colour temperature, which many drivers prefer. If upgrading your entire headlight does not sound appealing or is not in the budget right now, there are steps you can take to get the most life out of your halogen bulbs. The most obvious, of course, is to use your headlights less frequently. You only need your headlights at night or during inclement weather. On sunny days, turn your headlights off to help them last longer. Switching to an eco or long-life halogen bulb can also improve longevity. As we mentioned earlier, these specially-designed bulbs can last anywhere from two to six times longer than standard halogen bulbs. It's also important to consider how much longevity really matters to you. Some drivers hate the idea of going to the mechanic to have their bulbs changed. But changing out your headlight bulbs should be a simple process that you can do at home in just a few minutes. Another concern for many drivers is the cost of buying new headlight bulbs. Keep in mind that while HID or LED bulbs last longer, they cost more upfront. Halogen bulbs, on the other hand, are relatively inexpensive, so changing them more frequently should not cost a fortune.3. Whats the better light bulb?If you can make the down payment on $50 a bulb, LED's have none of the problems of cfl's, use less energy (about half that of cfl's) and last something like 40 or 50 times as long as normal bulbs and about 8 times longer than cfl's. I think they are fantastic. over their lifetime they are even cheaper than cfl's4. What is a vapor light bulb?Any light bulb that uses electric flowing through a vapor to make light. This includes florescent, high and low pressure Sodium, Mercury vapor, metal halide, neon...
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