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7 Companies to Win SARFT Satellite TV STB Bids

SARFT.net, 12/13/08

The State Administration of Radio, Film and Television (SARFT) issued a solicitation for bids for satellite TV reception equipment, and released the results of its evaluation on December 18. Changhong (600839.SH), Jiuzhou, Shenzhou, Hisense (600060.SH), SVA Communication, Coship (002052.SZ), and Haier had winning bids. Bid amounts ranged from RMB 580,000 to 450,000; according to a source familiar with the situation, adjustments will need to be made to the bid amounts, with more specific amounts to be announced in the near future.

Prices for the set-top boxes to be procured ranged from RMB 340-360 per unit.

Keywords: Shenzhou Electronic pricing SVA Communication 002052.SZ 600060.SH 600839.SH Changhong Coship Haier Hisense Jiuzhou SARFT satellite TV television bidding set-top box

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The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

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