The QVC cable shopping channel, watched in more than 98 million households in the USA alone, sells everything from food to exercise equipment, from fine jewelry to home electronics.

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"It's fine that you are going to move your equipment out of the country, " he said.

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Asset-backed securities have worked fine with financing things like auto loans and equipment leasing, notes New York securities lawyer Chris DiAngelo.

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But a large percentage of the equipment in the data center does not incorporate capabilities for fine grained energy management reporting and control.

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They boast large global market shares in specialised niches: ceramics and other fine materials for semiconductors, tiny motors for hard drives and other digital equipment, a range of sophisticated machines for making liquid-crystal display panels, and so forth.

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