Metalink Chip Tapped for HDTV in China
09.07.2007 13:23
Computers
- Source: Forbes
IGRS, a Chinese government-backed technology standardization group, said Monday it will work with wireless technology provider Metalink Ltd. on a high-definition TV decoder platform for wireless home networks. IGRS has selected a Metalink (nasdaq: MTLK - news - people ) chipset for the HDTV decoder platform, which will be used by all TV manufacturers who are members of IGRS, accounting for more than 84 percent of all television sets sold in China. Shares of Metalink Ltd. rose 60 cents, or 10.3 percent, to $6.45 in premarket trading, having closed Friday at $5.85. _____________ Questions or comments about this story should be directed to the Financial News desk of The Associated Press at 212-621-7190. Copyright 2007 Associated Press. All rights reserved. This material may not be published broadcast, rewritten, or redistributed
|