Paris (France), Sept 7, 2012 - Technicolor (Euronext Paris: TCH) today announced it has reached the milestone of 150 million digital set top boxes since it shipped its first one in 1994. This milestone confirms Technicolor’s ability to maintain technology leadership over time for delivering video solutions to cable, satellite, terrestrial, and Hybrid/IP network providers.
Technicolor has been able to ship more than 10 million Set Top Boxes per year over the last 10 years, with a significant increase of Set Top Boxes delivery to fast-growing markets such as Latin America, India and Southern Asia over the last few quarters. The 150 millionth Set-Top Box was shipped to Tata Sky, a leading digital TV operator in India, and a customer of Technicolor since 2006.
At the forefront of innovation, Technicolor has a long track record of industry firsts: hybrid receivers, MPEG4 decoders and PVRs... just to name a few. With the raise of multi-room wireless video distribution and the advent of over-the-top content and applications delivery, Technicolor is at the forefront of next generation video servers and players that deliver consumers with a smooth content and services experience in the home.
This milestone also demonstrates Technicolor’s supply chain excellence, offering the flexibility and reliability that services providers expect to remain reactive and efficient on their marketplaces.
Michel Rahier, President Connected Home Division, said: “We are proud to have shipped our 150 millionth set-top box and maintained a leading market position over time. We are poised to keep innovating to anticipate on a fast-changing technologies and market environments, in order to provide our customers with set top boxes platforms, software solutions and integration services that will keep them ahead of the game.”
Technicolor, a worldwide technology leader in the media and entertainment sector, is at the forefront of digital innovation. Our world class research and innovation laboratories enable us to lead the market in delivering advanced video services to content creators and distributors. We also benefit from an extensive intellectual property portfolio focused on imaging and sound technologies, based on a thriving licensing business. Our commitment: supporting the delivery of exciting new experiences for consumers in theaters, homes and on-the-go.
Euronext Paris: TCH. www.technicolor.com
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