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Technology Stocks : C-Cube

CUBE 35.89

+0.1%

Dec 26 3:59 PM EST

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To: John Rieman who wrote (30556)	3/9/1998 12:24:00 PM
From: DiViT	Read Replies (1) of 50808

What silicon? Carlton, Granada Name Manufacturers For Digital TV Boxes 03/08/98 Dow Jones News Service (Copyright (c) 1998, Dow Jones & Company, Inc.) LONDON (Dow Jones)--The British Digital Broadcasting joint venture named Grundig AG (G.GRD), Pace Micro Technology PLC, Philips Electronics NV (N.PHI), Nokia OY (Y.NOK), Sony Corp. (SNE) and Toshiba Corp. (U.TOS) manufacturers of its so-called 'plug in and play' set top boxes. BDB said it plans for the boxes to be in shops for the launch in the last quarter of this year. "These orders mean there will be set top boxes in the shops in time for the Christmas selling season," said BDB director Nigel Walmsley. "The arrival of these set top boxes will herald the next step in mainstream television - more choice, with clearer pictures and better sound." BDB is a 50-50 partnership between Carlton Communications PLC (CCTVY) and Granada Group PLC (U.GAA). Last year it won a license to provide digital terrestrial television in the U.K. The set top boxes are intended to allow customers to plug the technology in to existing televisions to receive at least 30 channels via their existing aerials without the need for a satellite dish or cable connection. Several of the manufacturers said they will at the same time launch fully-integrated digital television sets which will contain the necessary decoding technology to receive the TV stations built into the sets at manufacture. The exact value of the production deal wasn't revealed, although a director at BDB admitted it was in the "tens of millions." (END) DOW JONES NEWS 03-08-98

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