Matsushita Electric to Develop DTV System for China

January 2, 2004
Panasonic parent Matsushita intends to jump into the broadcast equipment business before the 2008 Olympic Games.

Matsushita will develop a digital broadcasting system for TV networks with China's largest broadcaster, China Central Television, and Dayang Technology Development. The deal calls for Matsushita, CCTV and Dayang Technology to prepare a beta product by April 2004 and a final version by the year's end. The system will use the Panasonic SD storage cards.

A Matsushita spokesman said the deal is not exclusive, and that the company has approached networks around the world with similar agreements.

Want to read more stories like this?
Get our Free Newsletter Here!

Comments

Twitter