|
Get the ICT news from C114 delivered to your inbox everyday.
4 Huawei 5 ZTE 6 Cisco 7 Ericsson 10 Nortel 11 TD-SCDMA 12 Nokia 13 Motorola 14 Samsung 15 Utstarcom 16 ASB 17 MediaTek 18 WiMmax 19 WCDMA 20 CDMA |
SMG and Intel seal broad strategic deal
Updated:2008/4/11 10:48
THE Shanghai Media Group and Intel Corp announced a strategic cooperation deal yesterday that will see the world''s biggest chip maker investing US$12 million through a venture capital arm to help SMG improve its broadband TV services.
The investment helped SMG, the biggest local media conglomerate, to expand into the new media sector, which companies like China Telecom are also focusing on. Intel Capital, which announced a new fund of US$500 million for China on Tuesday, will provide SMG US$12 million for software and service research, product development and platform design. "The Chinese new media is transforming the traditional media industry. Its new methods for broadcasting, communication, and consumption demonstrate strong potential," said Li Ruigang, SMG''s president. SMG has launched a diversity of new media services including Interactive TV, mobile phone TV, IPTV (Internet Protocol TV) and a broadband online TV subsidiary SMGBB. People can access to SMGBB for free online video if they agree to see advertising content. China''s online advertising revenue is expected to hit 6.87 billion yuan (US$981.4 million) in 2008, double the level of 2005, and this is widely seen as a challenge to newspapers and TV, according to Analysys International, a Beijing-based IT consulting firm. Shanghai Telecom, the city''s biggest fixed-line phone operator, has also gone into the IPTV sector recently. Users can enjoy a two-year free package if they watch IPTV eight times a month, according to China Telecom, whose traditional fixed-line phone business decreased for the first time in 2007. Intel''s new fund will target mainly wireless broadband, technology, media, telecommunications and "clean tech" sectors, said Arvind Sodhani, president of Intel Capital. Source:shanghaidaily ，What Intel, Nokia gain in mobile reboot (2009-6-24) ，Intel to supply Nokia with mobile chips (2009-6-23) ，Intel Pumps Millions Into Japanese WiMax (2009-6-9) ，Intel Says Technology Industry ｀Has Touched Bottom¨ (2009-6-8) ，Intel Says Committed to Chinese Investments (2009-4-29) ，Intel Falls After Otellini Says Economy Is ｀Fragile¨ (2009-4-16) ，Intel Profit Declines 55% on Falling Chip Demand (2009-4-15) ，Intel working with Chinese firms on TD-SCDMA devices (2009-4-9) ，Intel sees future opportunities in Latin America (2009-4-8) |
Latest News
，Kuwaiti operator eyes European markets ，CDMA subscriber base nearly half a billion ，CDMA subscriber base nearly half a billion ，Nokia unveils 11 new handsets for emerging 3G segment ，Nokia to launch Chinese-version Ovi Store in China in year-end 2009 ，Nokia to launch Chinese-version Ovi Store in China in year-end 2009 ，China handset industry production declines more than 15% in 1Q09 ，China handset industry production declines more than 15% in 1Q09 ，TeliaSonera to Expand 3G Network in the 900Mhz Band ，BT and IT HOLDINGS GROUP sign a memorandum of understanding Hot News Review
，NSN & Nortel: AlcaLu Loses Out ，Nortel's Funeral -- Who Dances, Who Cries? ，Inside the Nortel-Nokia Siemens Networks Deal ，Who's Waving Their Wad at Nortel¨s MEN? ，Telenor Selects Huawei for LTE Network Trial in Norway ，Alcatel-Lucent will overcome crisis with reorganization ，ZTE Inks Contract with Telkomsel to Build GSM/UMTS Network in Indonesia ，Huawei eyes Australia's national broadband network deal ，China Mobile's TD-SCDMA Services off to a Slow Start ，China Telecom May Sell BlackBerry In China |
