Digital television industry representatives yesterday expressed their intention to collaborate to tap the massive Greater China market, saying this would create a win-win situation both for the sector and the Chinese audience.
"Taiwan can serve as a digital content provider, as programs produced in the nation are popular among many Chinese-language speaking countries," said Nelson Chang (
To stay in step with global trends, the Taiwan government pledges to bring digital TV service to 50 percent of the nation's households by 2006. Currently, there are three major digital TV operators including China Network Systems, Taiwan Broadband Corp (
Currently, digital TV providers here are merely interested in shifting most of their cable TV programs to the digital platform. This is not nearly enough, Chang said, to fulfill consumers' expectations of digital service. Therefore, Taiwanese content providers need to target China instead of the local market to develop a variety of programs, Chang said.
"I think both the infrastructure and market for digital TV are mature, the next step will be providing what the audience really wants," Chang said.
Chang said China's huge market scale will no doubt drive the industry across the Taiwan Strait. The Chinese government has vowed to promote its digital TV service, aiming to end traditional analog broadcasts in 33 major cities by the end of 2005, the < Gao Yue ( Gao, who joined the forum yesterday via video conferencing, said Shanghai Interactive TV launched its first digital TV channel in China in June. So far they have garnered about 20,000 subscribers, he said. Fundamental to any chance of getting cross-strait cooperation, however, is a unified digital TV system, said Felix Chen ( Taiwan's digital TV service providers have decided to adopt Digital Video Broadcasting Project (DVB) system. But their Chinese counterparts have not yet decided on a broadcasting format. Operators are using a number of different formats there including DVB, Conditional Access (CA) and Advanced Digital Television Broadcast-Terrestrial (ADTB-T) a format developed in China itself. "We're also aware of this problem? I think it will take some time for us to resolve the system differences," Zheng Shibao ( Another issue that was discussed yesterday is the price of set-top box, which is considered too high, and may thereby impeded digital adoption on both sides of the Strait. Descramblers are priced at about 950 yuan in China, and a minimum of NT$3,500 in Taiwan. Liao Ching-chung ( "Most Chinese households cannot afford the device, nor does the price seem acceptable among Taiwanese consumers," Liao told the Taipei Times. "The industrialists should hold back their optimism before solving this issue."
France cannot afford to ignore the third credit-rating reduction in less than a year, French Minister of Finance Roland Lescure said. “Three agencies have downgraded us and we can’t ignore this cloud,” he told Franceinfo on Saturday, speaking just hours after S&P lowered his country’s credit rating to “A+” from “AA-” in an unscheduled move. “Fundamentally, it’s an additional cloud to a weather forecast that was already pretty gray. It’s a call for lucidity and responsibility,” he said, adding that this is “a call to be serious.” The credit assessor’s move means France has lost its double-A rating at two of the
AI BOOST: Although Taiwan’s reliance on Chinese rare earth elements is limited, it could face indirect impacts from supply issues and price volatility, an economist said DBS Bank Ltd (星展銀行) has sharply raised its forecast for Taiwan’s economic growth this year to 5.6 percent, citing stronger-than-expected exports and investment linked to artificial intelligence (AI), as it said that the current momentum could peak soon. The acceleration of the global AI race has fueled a surge in Taiwan’s AI-related capital spending and exports of information and communications technology (ICT) products, which have been key drivers of growth this year. “We have revised our GDP forecast for Taiwan upward to 5.6 percent from 4 percent, an upgrade that mainly reflects stronger-than-expected AI-related exports and investment in the third
Mercuries Life Insurance Co (三商美邦人壽) shares surged to a seven-month high this week after local media reported that E.Sun Financial Holding Co (玉山金控) had outbid CTBC Financial Holding Co (中信金控) in the financially strained insurer’s ongoing sale process. Shares of the mid-sized life insurer climbed 5.8 percent this week to NT$6.72, extending a nearly 18 percent rally over the past month, as investors bet on the likelihood of an impending takeover. The final round of bidding closed on Thursday, marking a critical step in the 32-year-old insurer’s search for a buyer after years of struggling to meet capital adequacy requirements. Local media reports
RARE EARTHS: The call between the US Treasury Secretary and his Chinese counterpart came as Washington sought to rally G7 partners in response to China’s export controls China and the US on Saturday agreed to conduct another round of trade negotiations in the coming week, as the world’s two biggest economies seek to avoid another damaging tit-for-tat tariff battle. Beijing last week announced sweeping controls on the critical rare earths industry, prompting US President Donald Trump to threaten 100 percent tariffs on imports from China in retaliation. Trump had also threatened to cancel his expected meeting with Chinese President Xi Jinping (習近平) in South Korea later this month on the sidelines of the APEC summit. In the latest indication of efforts to resolve their dispute, Chinese state media reported that