Comcast Taps Matsushita For Set-Tops

Consumer electronics provider Matsushita will furnish Comcast with set-top boxes starting next year. The cable operator has approximately 21 million U.S. customers. Matsushita--based in Osaka--will start selling set-tops in April 2005 and expects about to ship 300,000 set tops per year, totalling $181 million in annua
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Consumer electronics provider Matsushita will furnish Comcast with set-top boxes starting next year. The cable operator has approximately 21 million U.S. customers.

Matsushita--based in Osaka--will start selling set-tops in April 2005 and expects about to ship 300,000 set tops per year, totalling $181 million in annual sales in three years, according to Munetsugu Takeda, a company spokesperson.

"We've been developing hardware and software as digital television proliferates, and the timing was right in the U.S.," Takeda said.