FOX Translator

Detach

No data currently available.

No data currently available.

SYMBOL

 
Double Bottom

Sounds kind of dirty, right? Actually, it's because of a clean visual that technical analysts use this term. Technical analysts like charts (hence their nickname of "chartists"), and they like to give certain patterns they see neat little names.

Such is the case with the double bottom, which looks on a chart like, well, a double bottom. Think of three mountains (on a chart reflecting a rise in values) separated by two valleys (representing dips in value). The troughs of the valleys, and the size of the first two peaks, are generally the same, so the chart looks like the letter 'W.' The appearance of those two valleys represents a double bottom.

So what? Well, if you're one of those folks who believes in the power of the charts, seeing a double bottom suggests a long-term trend is about to reverse. So, if a stock chart shows shares falling for several months, then seeing a double bottom, chances are good (according to the chartists) that the shares will rise. And vice versa.

But, beware: charts can be a great tool, but they're more art than science. Use any charts with caution.

Home

CCID Consulting Analyzes Prospect on China's MFP market

 
Comtex
 

BEIJING, May 5, 2008 /Xinhua-PRNewswire via COMTEX News Network/ ----CCID Consulting, China's leading research, consulting and IT outsourcing service provider, and the first Chinese consulting firm listed in Hong Kong (Hong Kong Stock Exchange: HK08235), recently released its 2007-2008 Annual Report on China's MFP market.

The report shows that, the market share of laser MFPs reaches 48.7% in 2007, up 26% over 2006. CCID Consulting forecasts that the market share of laser MFPs will reach 53.5% in 2012.

 Table 1: The Structure of China's MFP Market,
   2006-2007 (by Output Mode) Different Sales Volume Market Sales Volume Market Growth Output Modes in 2006 Share in 2007 Share
   Rate (10,000 (10,000 Sets) Sets) Laser Output 74.62 47.3% 94.04 48.7% 26.0% Ink-jet Output 83.13 52.7% 99.11 51.3% 19.2% Total
   157.75 100% 193.15 100% 22.5% Source: CCID Consulting, Jan, 2008 

CCID Consulting forecasts MFP market will develop in three trends in the future:

Laser products' demands increases, color MFPs become the focus

Users have high demands for high-speed printing and heavy load printing functions. Based on its high speed, high quality and durability, laser MFPs cater for more users and thus become more and more popular. Laser MFP is the first choice for office equipment in the future. With the evolution of global business, especially the development of media and advertising industries, color MFP products become the major development trend. Besides, laser MFP's price has a slowdown trend, which accords with the market trend of laser products replacing that of ink-jet products, similarly, color laser MFPs will substitute black and white laser MFPs.

Office integrated solutions receives much concern

MFP functions are becoming more sophisticated and system applications more complicated, which makes MFP not only OA equipments, but also solutions to improve efficiency and reduce cost. While industrial OA matures, MFP solutions tend to satisfy more urgent office demands. For example, logistics and finance industry need MFP solutions to provide high load printing tasks with high printing definition and fast printing speed, while media and advertising industry need MFP solutions to provide high quality, colorful, high definition printing results. Cost is the key issue in OA system construction for enterprises in merging industry and small enterprises. Hence, the performance price ratio and service life of MFP products are the key deciding factors for these enterprises. MFP solution for segment market will be the focus of different kinds of MFP providers. As MFP providers enhance technologically, providing optimized solutions will be an important approach to enhance their competitive capacities.

High efficiency and energy saving products are key areas in market competition

Under the policy of 'energy saving and reduction of emission', more enterprises tend to focus on high efficiency and energy saving products. MFP products from HP, Canon, and Konica appear in the list of energy saving government purchasing products. Consumers can find high efficiency and energy saving products in both high-end commercial market and low-end household market. High performance, such as high speed, low power consumption, and low noise of these products attracts more consumers, which will be the hotspot in the future MFP market.

About CCID Consulting

CCID Consulting Co., Ltd. (hereinafter known as "CCID Consulting"), the first Chinese consulting firm listed in the Growth Enterprise Market of the Stock Exchange (GEM) of Hong Kong (stock code: HK08235), is directly affiliated to the China Center for Information Industry Development (hereinafter known as "CCID Group"). Headquartered in Beijing, CCID Consulting has set up branch offices in Shanghai, Guangzhou, Shenzhen, and Harbin, with over 300 professional consultants and industry experts. The company's business covers over 200 large and medium-sized cities in China. Apart from home market development, CCID Consulting establishes international cooperation links across the United States, the Asia-Pacific region and Europe with agents in the U.S., Japan, South Korea, Australia, Singapore, Italy and Russia, with the aim of going global.

Based on four major competitive areas: powerful data channels, industrial resources, intense knowledge and a deep understanding of information technology, CCID Consulting provides customers with consulting, research and IT outsourcing services covering strategic planning, IT applications, marketing strategies, human resources and information technology outsourcing. Customers range from industrial IT users, telecommunications companies, energy companies, finance companies, and automobile companies, to government departments at all levels and diversified industrial parks. CCID Consulting commits itself to be the number 1 consultant in strategy consulting, the number 1 advisor for enterprise management and the number 1 consultant for government decision-making.

 For more information, please
   contact: Cynthia Liu Coordinating Manager CCID Consulting Co., Ltd. Tel: +86-10-8855-9080 Email: liuyan@ccidconsulting.com
   

SOURCE CCID Consulting Co., Ltd.

http://en.ccidconsulting.com 
Copyright (C) 2008 PR
   Newswire. All rights reserved
 

Market Snapshot

Symbol Last Price Netchange Volume
-- -- -- --
-- -- -- --
-- -- -- --
-- -- -- --
-- -- -- --