Missing a 2012 delivery date, LG announced on Tuesday that it will release the first 55-Inch OLED HDTVs in Korea in early February 2013,?after a year of delays due to reported production problems,?at a price of just over $10,000.?LG will discuss the TV's U.S. availability and retail price?in the next few weeks.
Over 1,400 Korean store fronts will begin taking orders Jan. 3 for February delivery on the 55EM9700.?LG said it is going to ramp-up production to take the lead in a big-screen OLED TV market that,?according to research firm DisplaySearch,?will likely?reach 7.2 million units by 2016.
Today's current?LCD and LED LCD TVs rely on light bulbs (whether fluorescent or a few dozen white LED lamps) to illuminate the image. The light from these lamps or bulbs must pass through the LCD panel before reaching the surface of the TV, causing most of the light to be beamed toward viewers sitting closest to the center of the screen. As one moves off-center, the LCD image dims, contrast decreases and colors tend to shift and desaturate.
OLEDs emits light directly from the surface, extending the viewing angle to 180 degrees and providing superb, highly saturated colors without the dimming, color shift or loss of contrast seen on LCDs and LED LCDs.
"Organic light-emitting diode TVs offer the promise of the best picture quality ever (and yes, we?re including CRT)," wrote HD Guru's Geoff Morrison last year, when the first OLED big screens were shown off. They're all that, while being thinner and more power conserving than today's best?flat-panels.
The 55EM9700 is the tabletop version of a similar model that was first shown at the 2012 Consumer Electronics Show almost one year ago. The production version weighs in at 22 pounds and has a screen thickness of just 0.16 inches.
LG U.S. public relations added that??other markets where the TV will be available will be announced over the next several weeks, along with their respective prices.? This will include an announcement of?U.S. availability.
STATE COLLEGE, Pa. (AP) ? The NCAA overstepped its authority by imposing hefty sanctions on Penn State University in the wake of the Jerry Sandusky child molestation scandal, Pennsylvania Gov. Tom Corbett said Wednesday as he filed a federal antitrust lawsuit against the college athletics governing body.
Corbett said the university and the state have been harmed by what he called "harsh penalties" over the abuse committed by Sandusky, a former assistant football coach. The NCAA "piled on" and acted unlawfully because it stands to benefit from the sanctions, he said.
The 43-page complaint accuses the NCAA of exploiting the Sandusky case, saying its real motives are to "gain leverage in the court of public opinion, boost the reputation and power of the NCAA's president, enhance the competitive position of certain NCAA members, and weaken a fellow competitor."
The NCAA released a statement expressing disappointment with Corbett's action, calling the lawsuit meritless and an "affront" to Sandusky's victims.
At a news conference in a State College hotel, Corbett accused NCAA officials of inserting themselves into an issue over which they had no authority under their bylaws "and one that was clearly being handled by the justice system."
Corbett is asking for a permanent injunction to prevent the NCAA from imposing the sanctions, to which the university agreed in July, as well as costs and legal fees.
The Penn State Board of Trustees issued a statement noting the school was not a party to the lawsuit and played no role in preparing it.
Corbett said he waited until now to file the lawsuit because he wanted to thoroughly research the legal issues and did not want it to interfere with football season.
The university has agreed to pay a $60 million fine for child abuse prevention grants and to endure a four-year bowl game ban for the university's football program, a loss of footballs scholarships and other penalties.
When the deal was announced, Corbett ? who is a member of the university's board of trustees ? said he wanted assurance tax money would not go toward the fine, and added that part of the "corrective process is to accept the serious penalties."
When the sanctions were announced, Corbett expressed relief that Penn State had escaped the "death penalty" that would have dismantled the football program for a season or more.
The NCAA agreement has been unpopular with a significant portion of the university community, but Corbett, who is up for re-election next year, deflected a question about whether his response has helped or hurt him politically.
"We're not going to get into the politics of this," he said. An outside law firm was being retained to handle the matter, but Corbett's general counsel did not provide an estimate of cost.
"Any of the costs associated with this ... pale in comparison" with the losses people have already suffered, said Corbett's top legal adviser, James Schultz.
Corbett, a Republican, said his office did not coordinate its legal strategy with state Attorney General-elect Kathleen Kane, who is scheduled to be sworn in Jan. 15. Instead, the current attorney general, Linda Kelly, agreed to grant the governor authority to pursue the matter.
Kane, a Democrat, ran on a vow to investigate why it took state prosecutors nearly three years to charge Sandusky, an assistant under longtime football coach Joe Paterno. Corbett was the attorney general when that office took over the case in early 2009 and until he became governor in January 2011. Schultz said he would talk with Kane about the lawsuit later Wednesday.
The late football coach's family released a statement Wednesday saying they were encouraged by the lawsuit. Corbett "now realizes, as do many others, that there was an inexcusable rush to judgment" in the aftermath of the Sandusky scandal, the statement said.
State and congressional lawmakers from Pennsylvania have objected to using the NCAA's fine to finance activities in other states. Penn State has already made the first $12 million payment, and an NCAA task force is deciding how it should be spent.
Republican U.S. Rep. Charlie Dent called that "unacceptable and unsatisfactory."
Last week, state Sen. Jake Corman, a Republican whose district includes Penn State's main campus, said he plans to seek court action barring any of the first $12 million from being released to groups outside the state.
Sandusky, 68, was convicted in June on charges he sexually abused 10 boys, some on Penn State's campus. He's serving a 30- to 60-year state prison term.
Eight young men testified against him, describing a range of abuse they said went from grooming and manipulation to fondling, oral sex and anal rape when they were boys.
Sandusky has maintained his innocence, acknowledging he showered with boys but insisting he never molested them.
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We put Shasta Ventures' co-founder Rob Coneybeer in the hot seat this week for Ask A VC. After spending a number of years at NEA as a VC, Coneybeer decided to found his own firm; and he explains in the video above why he felt there was a need for another fund, and the challenges of creating an investment vehicle. We also chatted about whether VCs have short attention spans, what's next for mobile innovation and more.
BEIJING (Reuters) - China's official manufacturing purchasing managers' index held steady in December at 50.6, matching November's seven-month high, as growth in new orders was unchanged and the pace of output softened marginally.
With the main index above 50 for three straight months, the survey indicates that China's vast factory sector is expanding. The official PMI was released a day after a similar survey by HSBC suggested manufacturing activity at its strongest since May 2011.
Together the surveys support a growing consensus that economic activity in China revved up during October to December, after GDP growth had slowed for seven consecutive quarters to 7.4 percent in the third quarter. That provides a welcome sign for a global economy where both the euro area and Japan are in recession and the United States is struggling for significant growth.
"Output has stayed above the 50-mark, showing that the manufacturing industry appears to maintain growth expectations, but the rate of growth has weakened," the National Bureau of Statistics, which released the data, said in a note.
The official PMI reading was slightly below expectations in a poll of economists by Reuters last week that predicted a rise in the PMI to 51.0.
The survey showed output in oil processing, quarrying and tobacco industries slipped while food processing, auto manufacturing, textiles, steel and electronics all expanded, the bureau said.
A new export orders sub-index fell to 50 from 50.2 in November. A PMI reading below 50 suggests growth slowed, while a number above 50 indicates accelerating growth.
HSBC said its China PMI, which gathers more data from smaller, privately held firms with a strong export focus, rose in December to 51.5, its highest since May 2011.
The HSBC survey showed strong output despite a retreat in a sub-index tracking new export orders. China's export sector, a major source of growth for the economy, must combat slowing demand in its biggest markets and rising wages and costs at home.
China's official PMI generally paints a rosier picture of the factory sector than the HSBC PMI because it focuses on big, state-owned firms. The HSBC PMI targets smaller, private firms. There are also differing approaches to seasonal adjustment between the two surveys.
INVESTMENT
Some analysts caution that the pickup in economic activity in recent months may reflect renewed investment spending, rather than the consumer activity that policymakers acknowledge is needed to rebalance the economy.
"It's pretty clear that it's more driven by infrastructure and increasingly housing, that's driving heavy industry," said Zhang Zhiwei of Nomura International, speaking on Monday.
Rising land prices have prompted widespread expectations that the real estate market will be revived by an investment-driven recovery that would offset weak export markets, even though the central government had pledged to maintain investment and purchasing restrictions to try to control prices.
Railway spending delayed from earlier in 2012 was being rushed out before the end of the year, and rising prices for land purchased by state-owned developers could point to a relaxation in property market curbs that has yet to be made official, Zhang argued.
Steel futures recently hit a five-month high, after a dismal year in which lackluster demand contributed to overcapacity at debt-ridden mills and traders.
China was expected to achieve economic growth of 7.7 percent in 2012, forecasts in a benchmark Reuters poll show. That would mark the slowest full-year expansion since 1999.
While that is way above the world's other major economies, it is below the roughly 10 percent annual growth in China seen for most of the last 30 years.
The government has relied on fine-tuning its policy settings to try to combat the worst downturn China has faced since the 2008-2009 global financial crisis, studiously avoiding any hint of repeating a 4 trillion yuan ($640 billion) stimulus package it launched back then, which led to a debt-fuelled spending binge by local governments.
Measures to boost growth included reducing bank reserve levels and interest rates. More lately, they included injecting liquidity into the financial system through money market operations and accelerating approval of infrastructure projects.
The head of the influential Development Research Centre called for appropriate base money growth in 2013, including more cuts in banks' reserve requirement ratios (RRR), and a wider floating range for the yuan to make it more flexible, in comments published on Monday.
The central bank reiterated on Monday that China would stick with a prudent monetary policy in 2013, the latest sign that Beijing will not change policy direction when the new government takes over this year.
(Reporting by Lucy Hornby: Editing by Neil Fullick)
CONCORD, N.H. (AP) -- Gas prices are up in New Hampshire.
The website gasbuddy.com says the average retail price for a gallon of regular gas rose 3.5 cents per gallon in the past week, to an average $3.38 a gallon.
The New Hampshire price compares to a national average of $3.27 a gallon.
The prices are 15.1 cents per gallon higher than the same day a year ago and are 7.5 cents per gallon lower than a month ago.
Higher levels of obesity associated with increased risk of deathPublic release date: 1-Jan-2013 [ | E-mail | Share ]
Contact: Karen Hunter ksh7@cdc.gov 404-639-3286 JAMA and Archives Journals
Being overweight associated with lower risk of death
CHICAGO In an analysis of nearly 100 studies that included approximately 3 million adults, relative to normal weight, overall obesity (combining all grades) and higher levels of obesity were both associated with a significantly higher all-cause risk of death, while overweight was associated with significantly lower all-cause mortality, according to a study in the January 2 issue of JAMA.
"Estimates of the relative mortality risks associated with normal weight, overweight, and obesity may help to inform decision making in the clinical setting," according to background information in the article.
Katherine M. Flegal, Ph.D., of the National Center for Health Statistics, Centers for Disease Control and Prevention, Hyattsville, Md., and colleagues conducted a study to compile and summarize published analyses of body mass index (BMI) and all-cause mortality that provide hazard ratios (HRs) for standard BMI categories. For the review and meta-analysis, the researchers identified 97 studies that met inclusion criteria, which provided a combined sample size of more than 2.88 million individuals and more than 270,000 deaths. Regions of origin of participants included the United States or Canada (n = 41 studies), Europe (n = 37), Australia (n = 7), China or Taiwan (n = 4), Japan (n = 2), Brazil (n = 2), Israel (n = 2), India (n = l), and Mexico (n = l).
All-cause mortality HRs for overweight (BMI of 25-
The researchers found that the summary HRs indicated a 6 percent lower risk of death for overweight; a 18 percent higher risk of death for obesity (all grades); a 5 percent lower risk of death for grade 1 obesity; and a 29 percent increased risk of death for grades 2 and 3 obesity.
The authors note that the finding that grade 1 obesity was not associated with higher mortality suggests that that the excess mortality in obesity may predominantly be due to elevated mortality at higher BMI levels.
The researchers add that their findings are consistent with observations of lower mortality among overweight and moderately obese patients. "Possible explanations have included earlier presentation of heavier patients, greater likelihood of receiving optimal medical treatment, cardioprotective metabolic effects of increased body fat, and benefits of higher metabolic reserves."
The use of predefined standard BMI groupings can facilitate between-study comparisons, the authors conclude.
###
(JAMA. 2013;309(1):71-82; Available pre-embargo to the media at http://media.jamanetwork.com)
Editor's Note: There was no external funding for this work. The Centers for Disease Control and Prevention and the National Cancer Institute reviewed and approved the manuscript before submission. The authors have completed and submitted the ICMJE Form for Disclosure of Potential Conflicts of Interest and none were reported.
Please Note: For this study, there will be multimedia content available, including the JAMA Report video, embedded and downloadable video, audio files, text, documents, and related links. This content will be available at 3 p.m. CT Tuesday, January 1 at this link.
Editorial: Does Body Mass Index Adequately Convey a Patient's Mortality Risk?
"Can overweight as defined by BMI actually have a protective association with mortality?" write Steven B. Heymsfield, M.D., and William T. Cefalu, M.D., of the Pennington Biomedical Research Center, Baton Rouge, La., in an accompanying editorial.
"The presence of a wasting disease, heart disease, diabetes, renal dialysis, or older age are all associated with an inverse relationship between BMI and mortality rate, an observation termed the obesity paradox or reverse epidemiology. The optimal BMI linked with lowest mortality in patients with chronic disease may be within the overweight and obesity range. Even in the absence of chronic disease, small excess amounts of adipose tissue may provide needed energy reserves during acute catabolic illnesses, have beneficial mechanical effects with some types of traumatic injuries, and convey other salutary effects that need to be investigated in light of the studies by Flegal et al and others."
"Not all patients classified as being overweight or having grade 1 obesity, particularly those with chronic diseases, can be assumed to require weight loss treatment. Establishing BMI is only the first step toward a more comprehensive risk evaluation."
(JAMA. 2013;309(1):87-88; Available pre-embargo to the media at http://media.jamanetwork.com)
Editor's Note: Please see the article for additional information, including financial disclosures, funding and support, etc.
To contact Katherine M. Flegal, Ph.D., call or email Karen Hunter. To contact editorial co-author Steven B. Heymsfield, M.D., email Steven.heymsfield@pbrc.edu.
[ | E-mail | Share ]
?
AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.
Higher levels of obesity associated with increased risk of deathPublic release date: 1-Jan-2013 [ | E-mail | Share ]
Contact: Karen Hunter ksh7@cdc.gov 404-639-3286 JAMA and Archives Journals
Being overweight associated with lower risk of death
CHICAGO In an analysis of nearly 100 studies that included approximately 3 million adults, relative to normal weight, overall obesity (combining all grades) and higher levels of obesity were both associated with a significantly higher all-cause risk of death, while overweight was associated with significantly lower all-cause mortality, according to a study in the January 2 issue of JAMA.
"Estimates of the relative mortality risks associated with normal weight, overweight, and obesity may help to inform decision making in the clinical setting," according to background information in the article.
Katherine M. Flegal, Ph.D., of the National Center for Health Statistics, Centers for Disease Control and Prevention, Hyattsville, Md., and colleagues conducted a study to compile and summarize published analyses of body mass index (BMI) and all-cause mortality that provide hazard ratios (HRs) for standard BMI categories. For the review and meta-analysis, the researchers identified 97 studies that met inclusion criteria, which provided a combined sample size of more than 2.88 million individuals and more than 270,000 deaths. Regions of origin of participants included the United States or Canada (n = 41 studies), Europe (n = 37), Australia (n = 7), China or Taiwan (n = 4), Japan (n = 2), Brazil (n = 2), Israel (n = 2), India (n = l), and Mexico (n = l).
All-cause mortality HRs for overweight (BMI of 25-
The researchers found that the summary HRs indicated a 6 percent lower risk of death for overweight; a 18 percent higher risk of death for obesity (all grades); a 5 percent lower risk of death for grade 1 obesity; and a 29 percent increased risk of death for grades 2 and 3 obesity.
The authors note that the finding that grade 1 obesity was not associated with higher mortality suggests that that the excess mortality in obesity may predominantly be due to elevated mortality at higher BMI levels.
The researchers add that their findings are consistent with observations of lower mortality among overweight and moderately obese patients. "Possible explanations have included earlier presentation of heavier patients, greater likelihood of receiving optimal medical treatment, cardioprotective metabolic effects of increased body fat, and benefits of higher metabolic reserves."
The use of predefined standard BMI groupings can facilitate between-study comparisons, the authors conclude.
###
(JAMA. 2013;309(1):71-82; Available pre-embargo to the media at http://media.jamanetwork.com)
Editor's Note: There was no external funding for this work. The Centers for Disease Control and Prevention and the National Cancer Institute reviewed and approved the manuscript before submission. The authors have completed and submitted the ICMJE Form for Disclosure of Potential Conflicts of Interest and none were reported.
Please Note: For this study, there will be multimedia content available, including the JAMA Report video, embedded and downloadable video, audio files, text, documents, and related links. This content will be available at 3 p.m. CT Tuesday, January 1 at this link.
Editorial: Does Body Mass Index Adequately Convey a Patient's Mortality Risk?
"Can overweight as defined by BMI actually have a protective association with mortality?" write Steven B. Heymsfield, M.D., and William T. Cefalu, M.D., of the Pennington Biomedical Research Center, Baton Rouge, La., in an accompanying editorial.
"The presence of a wasting disease, heart disease, diabetes, renal dialysis, or older age are all associated with an inverse relationship between BMI and mortality rate, an observation termed the obesity paradox or reverse epidemiology. The optimal BMI linked with lowest mortality in patients with chronic disease may be within the overweight and obesity range. Even in the absence of chronic disease, small excess amounts of adipose tissue may provide needed energy reserves during acute catabolic illnesses, have beneficial mechanical effects with some types of traumatic injuries, and convey other salutary effects that need to be investigated in light of the studies by Flegal et al and others."
"Not all patients classified as being overweight or having grade 1 obesity, particularly those with chronic diseases, can be assumed to require weight loss treatment. Establishing BMI is only the first step toward a more comprehensive risk evaluation."
(JAMA. 2013;309(1):87-88; Available pre-embargo to the media at http://media.jamanetwork.com)
Editor's Note: Please see the article for additional information, including financial disclosures, funding and support, etc.
To contact Katherine M. Flegal, Ph.D., call or email Karen Hunter. To contact editorial co-author Steven B. Heymsfield, M.D., email Steven.heymsfield@pbrc.edu.
[ | E-mail | Share ]
?
AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.