Tongfang investment 1 billion 400 million LED and digital TV

Recently, Tsinghua Tongfang announced that the company raised 1 billion 400 million yuan stake in the fund, will be used in LED and digital TV system, the industry's top two. Statistics show that, at present, the country has about 420 million TV users, of which about 100 million of the city's cable TV users, they will gradually shift to cable digital TV users. The remaining more than 300 million users, will rely on the ground (wireless) digital television technology, in order to watch digital TV programs. The Tsinghua Tongfang, plans to use the funds raised to invest in digital TV network, there are more than 20 regional operators and Tsinghua Tongfang reached a cooperation agreement, in construction, to receive digital terrestrial television system equipment (wireless set-top boxes and digital TV receiving machine), programs to provide etc. Tongfang, will provide users with products and services.

Source: JINGWAH times