Mobile TV is growing popular worldwide. It puts new hardware requirements on the handset, requiring a tuner, a demodulator and a decoder to receive and process signals that challenge the power consumption and size of ...Mobile TV is growing popular worldwide. It puts new hardware requirements on the handset, requiring a tuner, a demodulator and a decoder to receive and process signals that challenge the power consumption and size of handsets. These special terminal chips can solve these problems and stand as a prerequisite for broadcasting TV to mobile phones. The commercial mobile TV handsets have been brought to the market, which use the integrated single-chip, the dual/multi mode chip, or the TV receiver integrated in an SD card. These small chips with low power consumption will help popularize mobile TV services.展开更多
The uncertainty about the future of firms must be modeled and incorporated in the valuation of enterprises outside the explicit period of analysis, i.e., in the continuing or terminal value (TV). There is a multipli...The uncertainty about the future of firms must be modeled and incorporated in the valuation of enterprises outside the explicit period of analysis, i.e., in the continuing or terminal value (TV). There is a multiplicity of factors that influence the TV of firms which are not being considered within current evaluation models. This aspect leads to the incurring of unrecoverable errors, thus leading to values of goodwill or bad will far away from the substantial value of intrinsic assets. As a consequence, the evaluation results will be presented markedly different from market values. There is no consensus in the scientific community about the method of computation of the TV as a forecast in an infinite horizon. The size of the terminal, or non-explicit period, assumed as infinite, is never called into question by scientific literature, or the probability of business bankruptcy. This paper aims to promote a study of the existing literature on the TV, to highlight the fragility of the evaluation models of companies that have been used by the academic community and by financial analysts, and to point out lines for future research to minimize these errors.展开更多
文摘Mobile TV is growing popular worldwide. It puts new hardware requirements on the handset, requiring a tuner, a demodulator and a decoder to receive and process signals that challenge the power consumption and size of handsets. These special terminal chips can solve these problems and stand as a prerequisite for broadcasting TV to mobile phones. The commercial mobile TV handsets have been brought to the market, which use the integrated single-chip, the dual/multi mode chip, or the TV receiver integrated in an SD card. These small chips with low power consumption will help popularize mobile TV services.
文摘The uncertainty about the future of firms must be modeled and incorporated in the valuation of enterprises outside the explicit period of analysis, i.e., in the continuing or terminal value (TV). There is a multiplicity of factors that influence the TV of firms which are not being considered within current evaluation models. This aspect leads to the incurring of unrecoverable errors, thus leading to values of goodwill or bad will far away from the substantial value of intrinsic assets. As a consequence, the evaluation results will be presented markedly different from market values. There is no consensus in the scientific community about the method of computation of the TV as a forecast in an infinite horizon. The size of the terminal, or non-explicit period, assumed as infinite, is never called into question by scientific literature, or the probability of business bankruptcy. This paper aims to promote a study of the existing literature on the TV, to highlight the fragility of the evaluation models of companies that have been used by the academic community and by financial analysts, and to point out lines for future research to minimize these errors.