netrashetty
Netra Shetty
In 1935, Ralph Allison founded the Audio Development Company in the basement of his south Minneapolis home, inventing ADC's very first product, the audiometer, an electronic device designed to test hearing. It was later renamed to ADC Telecommunications, Inc.
Two years later, fellow engineer Walt Lehnert joined Allison, and together they diversified the company's product line to include amplifiers and transformers for the broadcast industry. By 1942, the company had designed a sophisticated audio system for the University of Minnesota, and the resulting jacks, plugs, patch cords and jackfields became the cornerstones for ADC's later entry into telecommunications.
In 1949, ADC sold its audiometer product line and Ralph Allison left the company to form a new business in California. ADC diversified and focused its efforts in the area of transformers and filters for power lines, military electronics, telephone jacks and plugs. In 1961, ADC merged with Magnetic Controls Company, a manufacturer of power supplies and magnetic amplifiers with strong ties to the U.S. space program. The resulting company, ADC Magnetic Controls, had a decade of mixed success. Although transformer sales boomed during the 1960s, other new product initiatives failed to materialize. Perhaps the most significant product innovation during this period was the bantam jack, a miniaturized component that eventually became the standard for telephone circuit access and patching. Building on its growing sales of jacks and plugs in the early 1970s, ADC introduced prewired, connectorized jackfields, wired assemblies and test equipment for telephone operating companies. By 1974 the company was on solid ground, and by 1976, ADC had become the largest independent supplier of test boards in the United States.
Amicably, according to such data implying that Hong Kong's residential property market has experienced significant changes from the year 1997 up to the present as such prices fell by about 50 percent and had moved sideways during the past months. Ideally, prices have become much affordable to many families as such forecasts show that supply is ample and demand for residential home purchase has been weaker as the perceived investment value of property has reduced considerably. Thus, with such conditions as entirely diverse, the supply of public sector flats for example, the Home Ownership Scheme is competing with the private sector for customers and is threatening the stability of property market. (Cited from, Standard Chartered in Kong Trade Development Council, 2000) Aside, due to Asian financial crisis, such demand and supply conditions particularly, involving prices of private residential property had adjusted downwards drastically as shown in figure one
Moreover, while the existing level of property prices in Hong Kong remains high in comparison with major cities around the world, the drastic fall in prices has made residential property, affordable for many families in Hong Kong. The glut of HOS flats happens at a time when the private sector market is also suffering from insufficient demand (Cited from, Standard Chartered in Kong Trade Development Council, 2000). The newest figures released by the Rating and Valuation Department show that supply in recent years has risen but, the demand has not recovered so that the vacancy rate has risen in the past years
There can be such projected level of supply during the year 2000 and 2001 respectively and the prospects that interest rates are then to rise in coming year, it looks likely that supply will continue to exceed demand in private sector market in coming months and after. Thus, recent indications are that prices of residential property in the market have undergone softening and such confidence in prospects of property market is fading slowly. (Cited from, Standard Chartered in Kong Trade Development Council, 2000) In order to minimize the disruptions of large supply of public sector flats on the functioning of private sector market, one possible solution is to turn as much as possible the HOS flats into public rental flats as this can possibly help reduce the waiting time for those families who are in need of public rental housing. (Cited from, Standard Chartered in Kong Trade Development Council, 2000)
2) Projected situation on supply and demand of residential housing in the following 5 years of Hong Kong as a whole plus a blow-up of the same in the area adjoining the project (Aberdeen and the southern part of the HK Island).
There can be investigation regarding such development conditions in such residential housing supply for the next 5 years specifically in, Aberdeen and the southern part of HK Island as in a way, there can be such effect from within Hong Kong's supply of residential housing as such the need for Hong Kong government to positively conduct continuous studies on housing demand. Thus, focus on examining the supply side of private housing in Hong Kong by giving overview of Hong Kong's housing supply situation to understand Hong Kong's land tenure system as well as global synopsis of literature relating to the effects of governmental land regulation, development control and restricted land supply on the housing market. (Cited from, HK Property Review, 2006)
There can be such realization and application of certain development scheme in such approaches such as:
The first approach would enable comprehensive development scheme to be undertaken and envisaged that this could provide an exciting opportunity to develop a sound residential homes that can be surrounded by vibrant retail, cafe and commercial development. Thus, such residential development could increase the viability of the scheme and increase the likelihood of attracting better developer. The success of the scheme will depend upon such factors such as better access to high streets but can suffer high vacancy rates that might deter prestigious development which would be most suitable for the site. The land can be within separate ownerships, not all have been revealed to the District Council as the site may cover some commercial enterprises which are to come forward. (Cited from, Ho, 2001; Hui, Chan, Wong, Wong and Leung, 2000) The scheme can be intended to be private-sector and could only be implemented if it is residentially as well as commercially viable as much as possible. It should be noted that no approaches have been made to landowners to test their reaction to the scheme although all residents and businesses around the brief area were made aware of the proposals and invited to comment. In order to achieve adequate and affordable housing in future, the government can adjust its planning control by restricting uses, the densities, areas and approval rates of the developments.
Two years later, fellow engineer Walt Lehnert joined Allison, and together they diversified the company's product line to include amplifiers and transformers for the broadcast industry. By 1942, the company had designed a sophisticated audio system for the University of Minnesota, and the resulting jacks, plugs, patch cords and jackfields became the cornerstones for ADC's later entry into telecommunications.
In 1949, ADC sold its audiometer product line and Ralph Allison left the company to form a new business in California. ADC diversified and focused its efforts in the area of transformers and filters for power lines, military electronics, telephone jacks and plugs. In 1961, ADC merged with Magnetic Controls Company, a manufacturer of power supplies and magnetic amplifiers with strong ties to the U.S. space program. The resulting company, ADC Magnetic Controls, had a decade of mixed success. Although transformer sales boomed during the 1960s, other new product initiatives failed to materialize. Perhaps the most significant product innovation during this period was the bantam jack, a miniaturized component that eventually became the standard for telephone circuit access and patching. Building on its growing sales of jacks and plugs in the early 1970s, ADC introduced prewired, connectorized jackfields, wired assemblies and test equipment for telephone operating companies. By 1974 the company was on solid ground, and by 1976, ADC had become the largest independent supplier of test boards in the United States.
Amicably, according to such data implying that Hong Kong's residential property market has experienced significant changes from the year 1997 up to the present as such prices fell by about 50 percent and had moved sideways during the past months. Ideally, prices have become much affordable to many families as such forecasts show that supply is ample and demand for residential home purchase has been weaker as the perceived investment value of property has reduced considerably. Thus, with such conditions as entirely diverse, the supply of public sector flats for example, the Home Ownership Scheme is competing with the private sector for customers and is threatening the stability of property market. (Cited from, Standard Chartered in Kong Trade Development Council, 2000) Aside, due to Asian financial crisis, such demand and supply conditions particularly, involving prices of private residential property had adjusted downwards drastically as shown in figure one
Moreover, while the existing level of property prices in Hong Kong remains high in comparison with major cities around the world, the drastic fall in prices has made residential property, affordable for many families in Hong Kong. The glut of HOS flats happens at a time when the private sector market is also suffering from insufficient demand (Cited from, Standard Chartered in Kong Trade Development Council, 2000). The newest figures released by the Rating and Valuation Department show that supply in recent years has risen but, the demand has not recovered so that the vacancy rate has risen in the past years
There can be such projected level of supply during the year 2000 and 2001 respectively and the prospects that interest rates are then to rise in coming year, it looks likely that supply will continue to exceed demand in private sector market in coming months and after. Thus, recent indications are that prices of residential property in the market have undergone softening and such confidence in prospects of property market is fading slowly. (Cited from, Standard Chartered in Kong Trade Development Council, 2000) In order to minimize the disruptions of large supply of public sector flats on the functioning of private sector market, one possible solution is to turn as much as possible the HOS flats into public rental flats as this can possibly help reduce the waiting time for those families who are in need of public rental housing. (Cited from, Standard Chartered in Kong Trade Development Council, 2000)
2) Projected situation on supply and demand of residential housing in the following 5 years of Hong Kong as a whole plus a blow-up of the same in the area adjoining the project (Aberdeen and the southern part of the HK Island).
There can be investigation regarding such development conditions in such residential housing supply for the next 5 years specifically in, Aberdeen and the southern part of HK Island as in a way, there can be such effect from within Hong Kong's supply of residential housing as such the need for Hong Kong government to positively conduct continuous studies on housing demand. Thus, focus on examining the supply side of private housing in Hong Kong by giving overview of Hong Kong's housing supply situation to understand Hong Kong's land tenure system as well as global synopsis of literature relating to the effects of governmental land regulation, development control and restricted land supply on the housing market. (Cited from, HK Property Review, 2006)
There can be such realization and application of certain development scheme in such approaches such as:
The first approach would enable comprehensive development scheme to be undertaken and envisaged that this could provide an exciting opportunity to develop a sound residential homes that can be surrounded by vibrant retail, cafe and commercial development. Thus, such residential development could increase the viability of the scheme and increase the likelihood of attracting better developer. The success of the scheme will depend upon such factors such as better access to high streets but can suffer high vacancy rates that might deter prestigious development which would be most suitable for the site. The land can be within separate ownerships, not all have been revealed to the District Council as the site may cover some commercial enterprises which are to come forward. (Cited from, Ho, 2001; Hui, Chan, Wong, Wong and Leung, 2000) The scheme can be intended to be private-sector and could only be implemented if it is residentially as well as commercially viable as much as possible. It should be noted that no approaches have been made to landowners to test their reaction to the scheme although all residents and businesses around the brief area were made aware of the proposals and invited to comment. In order to achieve adequate and affordable housing in future, the government can adjust its planning control by restricting uses, the densities, areas and approval rates of the developments.
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