|
|
Article: Capital Spending Cuts Deflate the Cable Set Top Box Market.
- Article from:
- PR Newswire
- Article date:
- November 25, 2002
CopyrightCOPYRIGHT 2002 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
SCOTTSDALE, Ariz. -- With the majority of cable TV operators drastically reducing their capital expenditures, the worldwide cable set top box market is experiencing tough times, according to In-Stat/MDR ( http://www.instat.com/ ). The high-tech market research firm reports that these spending cuts have reduced all kinds of cable infrastructure equipment purchases, and for the first time since the introduction of digital cable set top boxes in 1996, annual cable set top box unit shipments and revenues will decrease. Worldwide digital cable set top box unit shipments are forecasted to drop 30% in 2002, from 14.4 million unit shipments in 2001, to just over 10.1 million in ...