Our students' former classmate and the son of Mary Maxwell - one of the famous women who gave their names to the Maxwell-Dworkin building at Harvard (is she related to James Clerk Maxwell?) was knighted by the British queen.
He can put KBE - Knight Commander of the British Empire - after his name. However, her majesty did not allow Bill to use "Sir" before his name because he's one of the rebel "Americans" who stole a colony from the British empire. Congratulations anyway! Also, Microsoft Windows may now be called Windows KBE, not to be confused with KDE. ;-)
Incidentally, Samsung Electronics Company's CEO Dr. Hwang is giving a talk in Maxwell-Dworkin today (or a nearby building) and all participants will receive a 256 MB USB flash memory or something like that. ;-) Oh no, it's not in Maxwell-Dworkin; Samsung just pays the shuttles between Maxwell-Dworkin and the Burden Auditorium (HBS).
... Hwang has made a good job. He showed ...
- how Samsung doubles the density of their memory every 20 months
- now they're working with tiny 16GB memory chips, and in 2007 he predicts a 200GB chip
- how their revenue equals the revenue of 3 next competitors combined
- their profit is however three times the profit of 3 competitors combined
- the annual revenue per an employee is almost 1 million dollars
- memory chips are more important than microprocessors, and therefore you should prefer Samsung over Intel
- the annual increase of the profit is roughly 60% while other companies sink
- investment and risky decisions were made even during the recession
- the competitors can't compete and most of them become Samsung's customers anyway
- one of the troubling statements by Hwang was that he believed that the size of the atom was 5 nanometers ;-) - this is what they use to calculate the limits of the semiconductor technologies (thanks to Quantoken for having corrected a typo)
- the memory chips will be a part of all gadgets, and all electronic devices will become a part of the universal "Smartphone"
Incidentally, the audience (400 people) were mostly Asian people - a preview how the scientific and technological conferences and the developed world in general will look like in a few decades.