Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: John Rieman who wrote (35183)	8/14/1998 10:08:00 AM
From: BillyG	Read Replies (2) \| Respond to of 50808

Samsung Electronics Wins Set-top Box Order From Canada August 14, 1998 (SEOUL) -- Samsung Electronics Co., Ltd. will export 1,100 set-top boxes worth US$1.9 million to Canada's TELUS Corp. for a multimedia service. TELUS, Canada's third-largest telecommunications company, will use the set-top boxes for a trial multimedia service in major Canadian cities, including Calgary. Using the device subscribers will be able to access various multimedia services, including a high-speed Internet service, digital broadcasting as well as a home shopping network, the company said. Samsung Electronics is the exclusive provider for TELUS's trial run. For this reason, the Korean electronics giant may beat out other competing suppliers when the Canadian company launches its multimedia service at the end of 1999, the official noted. The world's set-top box market is expected to expand by an average of 65 percent year on year in 1998. Meanwhile, Korea Telecom and Hanaro Telecom are conducting a similar trial service in Korea. The country's set-top box market is expected to be worth 340 billion won through 2001. "Samsung will enter the U.S. set-top box market in 1999 based on its first contract with TELUS," a company official said. (Maeil Business Newspaper, Korea) nikkeibp.asiabiztech.com