Technology27.11.2006

Siemens may withdraw from Internet protocol

An unnamed source told Shanghai Securities News that Siemens had already dismissed its Internet protocol TV team in China after the company lost a bid to launch services in Shanghai four months ago.

China’s Internet protocol TV market is projected to have revenue of 16.7 billion yuan (2.1 billion dollars) and 16.7 million users by 2009, according to data from Beijing-based IT research firm Analysis International.

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