Article: China: SMG, Intel to develop online TV platform in China.

Byline: shahma05

Shanghai Media Group (SMG) and Intel have announced a collaboration in developing broadband online TV in China.

Intel will provide support to SMG including funding, technology research, and product development, to build a more secure, convenient online TV platform.

Intel and SMG s collaboration in developing broadband online TV in China is comprehensive, the parties state.

Intel Capital will invest approximately $12 million to be used for developing and promoting broadband online TV technology, through supporting Shanghai Media Group Broad Band (SMGBB) in software services and product research and development.

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