Coship to Provide STBs to Hunan TV&Broadcast Intermediary
October 13, 2006
Chinese Coship Electronics has won a bid to provide digital STBs (Set-Top Box) to Hunan TV & Broadcasting Intermediary, with which Coship has collaborated on the DTV pilot project in Hengyang and other digital STB affairs. Coship expects to receive subsequent orders for more than one million STBs in the next two years, which will generate over 400 million RMB (US$50.5 million; US$1 = 7.9 RMB) in revenue.