Asia Express - East Asian ICT
East Asia ICT - ST Micro Expects Strong Chinese DTV Market
June 01, 2005
ST Microelectronics projects that by 2015, the Chinese digital television market will grow from its current value of 60 billion RMB (US$ 7.2 billion; US$1=8.3 RMB) to a value of 500 billion RMB (US$ 60.4 billion). It also forecasts that the Chinese domestic market for digital television systems, terminals and peripherals will surpass a value of 100 million RMB (US$ 12.1 billion) by 2006. According to the company, ST Micro had a share of 72% in the 2004 global market for set-top box and decoder chips.


In October 2004, ST Micro entered into a joint-venture with Shanghai High Definition Digital Technology Innovation Centre, which belongs to Shanghai Jiao Tong University. This joint-venture is focused both on the Chinese and the international market and develops and provides digital televisions and middleware for set-top boxes.