Marbridge Daily

<- March 12, 2012 ->

Sumavision Wins RMB 10 Mln Beijing Government Subsidy

DVBCN, 3/12/12

Beijing-based digital video and IPTV system provider Sumavision (300079.SZ) recently announced that it has received a RMB 10 mln subsidy from the Beijing government for its ultra-fast fiber optic broadband Next-Generation Broadcasting (NGB) R&D and industrialization trial project in Beijing's Zhongguancun high-tech enclave.

Sumavision began developing its ultra-fast bi-directional network conversion technology in 2008, and has already deployed it in Anhui's Huangshan and Zhejiang's Hangzhou.

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