Korea Digital TV News

NextGen Video Information Systems Alliance creates three working groups
Dec 17, 2020 – The NextGen Video Information Systems Alliance, a coalition driving the definition and realization of ATSC 3.0 technology, has announced the addition of four new members and the formation of three new specialized working groups.
News categories: NVISA, Edward Czarnecki, Sang Jin Yoon, Tim Bischoff, Mike Snyder, Fred Engel, ATSC 3, Digital TV, Korea, USA

KT deploys virtualized headend from Synamedia
Dec 8, 2020 – Synamedia has announced that KT Corporation will implement the first virtualized headend in the Asia Pacific region with its Olleh TV IPTV service. This is the first win for Synamedia with KT's IPTV business.
News categories: Synamedia, KT Corp, Sue Couto, Content Distribution, Digital TV, Korea

Asia Pacific to add 200 million SVOD subscribers
Sep 7, 2020 – According to Digital TV Research, Asia Pacific will have 467 million SVOD subscriptions in 2025, up from 267 million in 2019. China will contribute 279 million SVOD subscriptions in 2025 – 60% of the total.
News categories: Digital TV Research, Simon Murray, Asia, Australia, China, Digital TV, India, Japan, Korea, Market Research, Streaming

LG Display working on stretchable displays
Jun 11, 2020 – LG Display has announced that it has been selected by South Korea’s Ministry of Trade, Industry and Energy (MOTIE) to lead its national project to develop stretchable displays.
News categories: LG Display, MOTIE, Dr. Soo-Young Yoon, Digital TV, Korea

Large-area FPD panel availability set to tighten significantly in 2021
May 11, 2020 – According to Omdia, the coronavirus crisis is impacting FPD demand and creating uncertainty. Challenged to maintain profitability in this environment, Korean suppliers have accelerated plans to completely exit LCD TV panel production in Korea in 2020.
News categories: Omdia, Charles Annis, COVID-19, Digital TV, Korea, Market Research, Smart TV, Worldwide

SVOD and T-VOD drive Korean market to new levels
Apr 6, 2020 – According to Futuresource, 'Super Premium VOD' continues to propel South Korea to be one of the leading transactional VOD markets in the world. The offering allows Korean customers to rent film titles as early as 4 weeks post cinema release.
News categories: Futuresource, Tristan Veale, Digital TV, Korea, Market Research, Streaming

TV panel shipments decreased 3.5% M-o-M in February
Mar 24, 2020 – According to TrendForce, monthly TV panel shipments decreased by 3.5% MoM in February, reaching 20.073 million units. The COVID-19 pandemic’s effect on labor, logistics, and material supply remains a gradual process.
News categories: TrendForce, China, COVID-19, Digital TV, Korea, Market Research, Smart TV, Worldwide

Asia Pacific to add 45 million pay TV subscribers over next 5 years
Mar 23, 2020 – According to Digital TV Research, the Asia Pacific pay TV sector is the most vibrant in the world, with the number of subscribers expected to grow by 45 million over the next five years while revenues increase by $1.40 billion.
News categories: Digital TV Research, Simon Murray, Asia, China, Digital TV, India, Indonesia, Japan, Korea, Market Research

IPTV service revenue in Korea to grow at a CAGR of 4.4% to 2024
Jan 14, 2020 – South Korea’s IPTV revenue is set to grow at a CAGR of 4.4% for the period 2019-2024, according to GlobalData. The country's IPTV service revenue is expected to reach US$3.8bn with a subscriber base of 19.26 million in 2024.
News categories: GlobalData, Akash Jatwala, Digital TV, IPTV, Korea, Market Research, Subscribers