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  • China Builds First Digital Satellite TV Joint Venture
  • February 4, 1999 (FUZHOU, China) -- Construction of China's first digital satellite television decoding equipment joint venture commenced recently in eastern China's Fujian Province.
    The company is located in the Dongshan Economic and Technological Development Zone.

    Beijing Guanghua Cable and Satellite TV Co., Ltd. and U.S.-based General Instrument Corp. established the enterprise at a cost of US$12.5 million. The joint venture will produce satellite communications equipment.

    General Instrument will provide production lines and technology for the joint venture, which will have an annual production capacity of 450,000 decoding units.

    The new equipment will provide access to Channel 4, a ciphered channel offered by China Central Television (CCTV).

    (Xinhua News Agency)

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    Updated: Wed Feb 3 17:27:13 1999 PDT