General Electric (GE) and Tatung, one of Taiwan's renown 3C companies, have entered into a joint venture to produce "innovative HDTV" i.e. high-definition TVs. AFP reports:
US conglomerate General Electric announced on Tuesday that it had entered into a joint venture with Taiwan's Tatung Co. to produce innovative high-definition television sets.
The joint venture, General Displays & Technologies (GDT), will "design, market and service GE-branded HDTVs" with the first sets hitting the market early next year, GE said in a statement.
GDT chief executive Marc McConnaughey said the new HDTVs would bring a step closer to the goal of merging the Internet and television experience without a personal computer.
"We are developing advanced, Internet capabilities for content delivery to televisions, without the need for a PC," he said.
"This includes Internet Protocol TV (IPTV) through cable, satellite and advanced fiber-optic television connectivity," McConnaughey said.
"The long-term strategy is to allow consumers to customize their viewing experience by downloading widgets and a variety of services directly to their HDTVs."
The JV is interesting and will I am sure leverage the strengths of both companies. the IPTV are certainly the next generation of TVs and the development of these devices and set top boxes has become more important in Taiwan over the previous year. See for example News from Computex: Notebooks and STB.
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