Asia Express - Consumer Electronics
Consumer Electronics - Digifriends and MBCo in Satellite Terminal Contract
May 27, 2005
Korea's Digifriends and Japan's MBCo have signed a contract under which Digifriends will provide MBCo with satellite DMB (Digital Multimedia Broadcasting) terminals and satellite DMB radios, which also have an MP3 option. The contract is worth US$20 million, which includes US$13 million for the terminals and US$7 million for the radios. According to the contract, Digifriends will start delivery in the middle of October, 2005.