Rapid expansion of digital TV market to benefit China Digital TV
Tuesday, December 04, 2007; Posted: 04:17 AM
BEIJING, Dec 4, 2007 (Xinhua via COMTEX) -- The coming three years will see the subscribers of digital TV users in China skyrocket at annual speed of 300 percent and finally surpass that of Internet, as predicted by Richard Ji, executive director of Morgan Stanley.
In the opinion of Ji, new medias such as digital TV could tide over geographical and time barriers and are likely to lead the country's consumer market.
Market analysts hold that such high growth will benefit China Digital TV Holding Co., Ltd. (STV.NYSE), China's leading provider of conditional access systems (CA) to digital television.
The company had installed CA systems at 130 digital television network operators in 26 Chinese provinces, autonomous regions and municipalities by the end of June.
