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.
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