China has the largest group of wired television viewers in the world, with 130 million families enjoying the convenience of wired television, nearly 200 percent of the figure in the US. However, wired television service providers in China only net 3 percent of the profit of their US counterparts, and only 3 percent of the Chinese wired television viewers have digital TV receivers, while the figure in the US is 48 percent.
It can be estimated that digital TV service will be the new growth point for wired TV service providers. The number of digital TV viewers in China will leap by 90 percent in each of the next three years, according to a report by Morgan Stanley.
Two years later will be the best opportunity to invest on digital TV service in China, when 10 percent of the viewers will have started enjoying the service.
(China News Service January 25, 2007)