iMing Corp. is a provider of high-definition web based television and video's for the Chinese Market with the goal of being a leading provider of set-top boxes in Asia and expanding into North America and Europe.
Within China there is a combination of several economic revolations, the urban expansion of internet users and ecommerce, and the increase in wages and income per annum. iMing's strategy is to distribute and sell their WebTV boxes through a trillion dollar retail market, a multi-million dollar internet audience, while using low-cost local manufacturing and logistics.
What They Do
iMing is a leading technology solution provider of set-top boxes (STB) which supplies high-definition television through the Web (Web TV) in China, turning the internet into the content delivery source which is displaying on their television or monitor. The content can be stored on internal storage or through external storage and also played on the system, but the general principle is to access the content through the web for either live viewing of TV channels, movies, and programs or to download and view the content on demand.
Through various content partnerships, the iMing Web TV solution supplies over 10,000 HD movies, live TV channels, pre-recorded TV programs and high demand streams of content. The massive updated online database is accessed by the internet that plugs into the Web TV Box that then displays the content on the television, monitor, or AV system.
The iMing Set-Top Box can play source files from USB, SD/MMC card, SATA or an internal 2.5 inch hard drive storage unit installed into the Web TV Box. By supporting the latest format 1080P Full HD decoding, SPDIF.7.1.DTS decoding and HDMI 1.3, the iMing Web TV Box has a superior quality supplied to your home entertainment center. The technology used by iMing makes its firm and productive competitive with the other industry players such as Google TV, WDTV, Apple TV, and Roku.
IMNG ~ Products
Set top boxes support bundled video channel services delivery. Bundling continues to have widespread appeal as a way to fund the creation of video entertainment that has broad appeal. Next generation set top boxes and home IP gateway devices offer significant IP based functionality to the home.
Set top boxes are useful particularly in the US and China where there is widespread adoption of the cable TV services delivery. With the cable video business model spreading worldwide bundled programming is anticipated to continue to have appeal. Markets are poised for significant growth. Video content is proliferating.
The Set top box dedicated device markets was at $8.7 billion in 2011 and they were anticipated to reach $15.6 billion by 2018, as next generation gateways and cloud computing are introduced to manage Internet connectivity to HD TV devices in the home.
iMing Corp. is publicly traded on the OTC Market under the symbol “IMNG”, and within the OTC-Pink Current Information market tier. As such, Business, Operational, and Financial information on IMNG is available to public view.
A/S: 150 Million ~ as of 9/30/12 O/S: 104 Million FLOAT: 36 million
(Please note the share structure posted is what we have gathered, but can change on a daily basis. Contact the Company or Transfer Agent to get the most current information.)
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