Tencent, Konka Partner on TV Gaming

DoNews, 10/31/14

Chinese television and consumer electronics manufacturer Konka (200016.SZ, 000016.SZ) and internet and mobile services firm Tencent (0700.HK) will partner on TV gaming, social networking, and interactive television, according to Cai Shiping, president of Konka's multimedia business department.

Cao stated that Konka will cease all R&D on non-smart TVs in 2014 and begin looking for partners to import gaming, advertising, and shopping functionality to the company's smart television sets. Konka's long-term strategy is to transform from a traditional TV manufacturer into an internet TV platform company. Cao further stated that Konka and Tencent will deepen their partnership over time by developing entirely new ways for users to interact with TVs.

Keywords: Cai Shiping television Tencent Konka 000016.SZ 0700.HK 200016.SZ TV gaming

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