LG has sold its last-remaining LCD TV panel production facility. The factory, based in Guangzhou, China, has been sold to TCL for 2 trillion won (€1.35bn). It will be handed over to the new owners on March 31st 2025. The plant is currently busy producing low-end and mid-range LCD TV panels used in various products, […]
Display Supply Chain Consultants (DSCC), in its latest quarterly TV and panel technology capacity outlook, suggests that China is expected to overtake South Korea by 2028. DSCC expects display capacity to rise at a 1.4 percent CAGR from 2023 to 2028, with LCDs growing at just a 1 per cent CAGR and OLEDs growing at […]
Between 1999 and 2014 satellites were regularly launched from by Sea Launch, initially a joint–venture between the US, Norway, Russia and Ukraine. Sea Launch placed satellites into orbit for EchoStar, DirecTV, XM Radio and PanAmSat amongst others. The company, however, went bankrupt in 2009. There is now a new contender supplying ocean–based launch activity. China’s […]
A Chinese state-owned enterprise has launched the first batch of satellites for a mega-constellation designed to rival US company Space X’s Starlink’s near-global internet network. The launch, led by Shanghai Spacecom Satellite Technology (SSST), took place at Taiyuan Satellite Launch Centre, one of China’s main satellite and missile launch centres, located in the northern province […]
Mediapro and China Media Group (CMG) have announced they will jointly promote collaborative projects in the field of audiovisual services, content co-production, media rights and immersive experiences. The framework agreement signed between Mediapro and CMG establishes the international activity of the Chinese media giant as preferential areas of cooperation. CMG was founded in 2018 through […]
A Chinese mega-constellation of an eventual 15,000 low Earth orbiting satellites will start launching in a few weeks. The fleet will rival Starlink in size. The project is backed by Shanghai Spacecom Satellite Technology (Yuanxin Satellite). The constellation, named G60 Qianfan, will see the first batch of 18 satellites launched around August 5th. Subsequent rocket […]
The BBC World Service has announced the creation of the Global China Unit, a new team that will focus on reporting stories on the country’s role in the world. The team will produce a range of journalism that will be available on the World Service and wider BBC platforms. It will look to answer how […]
Multi-play service revenue in China is set to increase at a compound annual growth rate (CAGR) of 1 per cent from $172.7 billion (€159.4bn) in 2023 to $181.5 billion in 2028. With a focus on triple-play and quad-play service bundles, telecom operators leverage robust fixed network infrastructure to promote high-speed internet services, according to GlobalData, […]
Research from Display Supply Chain Consultants (DSCC) says that 2023 saw overall TV shipments fall by 3 per cent. They add that it is Chinese consumers who are driving growth in premium models. DSCC, working with Counterpoint Research’s Global TV Shipment Tracker, says that 223 million units were shipped last year (down 3 per cent). […]
China successfully launched three test satellites for its expanding broadband Internet technologies on December 30th. The satellite was launched by a Long March-2C carrier rocket from the Jiuquan Satellite Launch Center, state-run Xinhua news agency reported. These satellites are for the GuoWang national network of 13,000 satellites. However, there is now confirmed news that China […]