Word: thirds
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When Ted Dean heard in early January that the Chinese government had finally decided to allow the country's three mobile-phone carriers to upgrade to 3G (third generation) network technology, he could hardly believe the long-awaited day had finally arrived. "At one point it seemed like they were never going to make up their minds," recalls the Beijing-based head of telecommunications- and media-analysis firm BDA, "and I would spend my whole career waiting for Beijing to make this one decision...
...surprisingly given Beijing's stated policy of encouraging the development of domestic technological innovation, Chinese firms like TCL are set to be the biggest winners in the 3G boom. Foreign telecom-equipment vendors like Nokia-Siemens, Ericsson and Alcatel-Lucent now account for roughly two-thirds of the 2G market. That figure is expected to decline when 3G is fully in place with foreign companies accounting for only about a third. The lion's share of the market will be taken by China's two largest equipment vendors, Huawei and ZTE, which will between them share about half...
...site of Chicago’s Sue Duncan Childrens’ Center is a grainy reprinted photo of a group of boys and young men dated 1977. Of the group, one has become a brain surgeon, another is a top administrator in education, and a third is an Oscar-nominated actor. Three of the others pictured are now dead—victims of violence in the tough neighborhoods of Chicago’s South Side. And finally, one gangly child smiles into the camera with a basketball palmed in his adolescent hand. More than 30 years later...
...uneasiness around the opposite sex, but Sunstein managed to overcome this with his natural charms. McArdle recalls that Sunstein was “in many ways...kind of a chick magnet because he had this very innocent look and was bright.”It was not until his third and senior year at Harvard that he decided to enter law school instead of pursuing English graduate work, Sunstein said in a 2008 interview with Fifteen Minutes. “I thought that law would have more opportunities and that you could take a lot of different paths...
...roughly $460 million, or 20 percent of its total 13F listed holdings, invested in emerging markets. But by Dec. 31, those assets—then only valued at $224 million—had come to represent nearly 40 percent of its total holdings, even though Harvard had sold one-third of its emerging market equity...