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Sumavision DTV Project Wins RMB 7 Mln Government Subsidy

DVB CN, 7/27/11

Beijing-based digital video and IPTV system provider Sumavision (300079.SZ) recently received RMB 7.2 mln in government subsidies from China's National Development and Reform Commission (NDRC) for its "DTV Next-Generation Hardware Development and Industrialization Project." Sumavision will use the funds for R&D on energy efficient, high-stability, high-security, high-performance DTV head-end equipment.

Keywords: cable TV government subsidy television DTV R&D Sumavision 300079.SZ head-end energy efficiency

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