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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?

To: Mark K. who wrote (28308)	1/21/1998 8:23:00 AM
From: BillyG	Read Replies (2) \| Respond to of 50808

SGS-Thomson earnings report. News on Pegasus, MPEG2.................... biz.yahoo.com Excerpt from the report: PRODUCTS AND TECHNOLOGY In the last quarter of 1997, the company announced several strategically important agreements with partners and customers. Amongst the most significant agreements with partners were the joint development of a 64-bit microprocessor for consumer electronics and multimedia applications with Hitachi Ltd. [NYSE:HIT - news], and a design joint-venture company to create ICs for consumer electronics applications with Daewoo Electronics. The company received a number of key design wins in the area of digital TV. An ATSC/HDTV MPEG solution was developed with Thomson Multimedia and was demonstrated at the recent Consumer Electronics Show in Las Vegas, Nevada. SGS-THOMSON's MPEG 2 decoder products were selected by British Sky Broadcasting (BSkyB) for its digital set-top box design; and by Scientific Atlanta for use in the Time Warner Pegasus Interactive Cable TV Program. In addition, SGS-THOMSON continued to be a leading supplier of set top box ICs to Canal+, DirecTV Digital Satellite System and General Instruments.