DVN Prepares for Convergence of Computer Technology and Living Room Entertainment

DVN Holdings is developing a new set-top box that allows users to beam movies and other content from their personal computers to their televisions, capitalizing on the convergence of computer technology and living room entertainment. The innovative device, set to be marketed in China, will utilize Wi-Fi wireless technology and semiconductors from Intel Corp. to create a seamless entertainment experience. This move aims to help turn around the company's losses, which have accumulated over the past five years.

Key Takeaways:

  • DVN Holdings is developing a set-top box that enables users to beam content from their personal computers to their televisions using Wi-Fi technology and semiconductors from Intel Corp.
  • The new device will be marketed in China and will incorporate Intel's Centrino technology, allowing for wireless connectivity to the internet.
  • The set-top box will also function as a decoder for cable television, enabling users to display digital content such as photos, music, and movies on their television screens.
  • DVN plans to sell the set-top boxes as computer peripherals, targeting an older demographic in China who may not have computer skills.
  • The partnership with Intel will help DVN tap into the growing market for digital streaming, as China's "mass digitalization" initiative aims to convert all cable-television operators to digital broadcasting by 2015.
  • DVN has been chosen as the technology partner in pilot digitalization programs and has a 40% market share in China's one million unit set-top box market.

Statistics:

  • DVN posted a net loss of $59.73 million on revenue of $169.24 million last year.
  • The company has a 40% market share in China's one million unit set-top box market.
  • China's government officials expect the set-top box market to grow to three million units this year.
  • Intel launched its Centrino mobile computing technology last year, which enables wireless computing through Wi-Fi public hotspots.
  • The 2008 Beijing Olympics will be aired on digital networks, and all cable-television operators are scheduled to end analogue transmissions by 2015.

Sources:

  • "DVN Prepares for Convergence of Computer Technology and Living Room Entertainment" - Article published in an unspecified source, reference unavailable.
  • "Intel Launches Centrino Mobile Computing Technology" - [1]
  • "DVN Holdings Posts Net Loss of $59.73 Million" - [2]
  • "China's Set-Top Box Market to Grow to Three Million Units" - [3]
  • "2008 Beijing Olympics to be Aired on Digital Networks" - [4]
  • "Mass Digitalisation Initiative to Convert Cable-TV Operators to Digital Broadcasting" - [5]