Telegent Systems announced on Wednesday that it has hit a milestone of 50,000,000 mobile TV chips shipped, which gives it more than half of the market estimated by analysts to be about 80 million-strong. "The availability of handsets that support analog broadcast TV ... has ignited the growth of free-to-air mobile TV globally," Samuel Sheng, new CEO of Telegent, told Reuters.
"We expect to see this (to) continue right across the world, including in developed economies, as free-to-air handsets become available that support the new digital TV standards emerging in those regions." Strategy Analytics expects the mobile TV broadcasting market to total $280 million next year after incorrectly forecasting it to reach $5.4 billion in 2010 just three years ago.
Written by: James Delahunty @ 2 Oct 2009 2:28