China Digital TV Holding Company, a leading provider of conditional access (CA) systems to China’s digital television market, shipped approximately 4.95 million smart cards in the Q4 2013 compared to 4.07 million in the same period in 2012, and 4.76 million in the third quarter of 2013. Over the full year, the company shipped approximately 17 million smart cards, compared to 15.35 million smart cards in 2012.
“In addition to usual seasonal factors ahead of the Chinese New Year, the better-than-expected shipment volume for this quarter was largely due to increased smart card demand from key Chinese cable TV operators, including in Jiangsu, Guangdong, Sichuan, Shandong, and Jiangxi provinces,” said Jianhua Zhu, China Digital TV’s chairman and chief executive officer.
Zhu said solid growth in the overseas market continued to be an important driver of the company’s market diversification strategy – especiallykey markets such as Venezuela, Taiwan and India.
No comments:
Post a Comment