NDS Opens New Seoul Office, Demonstrating Further Commitment to Korean Pay-TV Market
Highlights:
- NDS expands its operations in Korea to Asia’s
most advanced digital market
- NDS Korea R&D Centre pivotal to
providing core technologies to leading global digital
pay-TV providers
SEOUL, KOREA – November
16, 2007 – NDS, the leading provider of technology
solutions for digital pay-TV, today announced that the company
is increasing its presence in Korea with the opening of a new,
expanded sales, support and R&D operation in Seoul.
Commenting in Seoul, Sue Taylor, VP and General Manager of NDS
Asia Pacific said, “NDS has had sales, support and research
and development facilities in Seoul for over 6 years. The Seoul
operation has now grown to more than 120 employees. NDS Korea
is pivotal in our ability to roll out state-of-the-art technologies,
such as advanced conditional access and middleware solutions,
set-top box (STB) integration and mobile solutions, to some of
the world’s largest broadcasters. The opening of the new
NDS Seoul office is in recognition that Korea is a key player
in the deployment of digital pay-TV.”
Rapid expansion in the broadband and pay-TV industry has seen
Korea forge ahead as the digital hub of Asia. Korea is moving
rapidly towards full digitization, with government initiatives
promoting 100% digital conversion by 2012. The encouragement
of greater competition and consumer choice in pay-TV and broadband
markets is expected to accelerate uptake of digital solutions.
In Korea, NDS end-to-end systems are working across cable, satellite
DTH and IPTV platforms. NDS solutions protect and enable SkyLife,
KT MegaTV and BSI, KDMC, GSGB and CJ CableNet cable TV operations.
These customers account for close to 70% of the Korean PayTV
market.
Korea is regarded as a global leader in the consumer electronics
industry and is home to many of the world’s premier suppliers
of set top box technologies. Today, NDS Korea is pivotal to NDS’ R&D
development for the region and has moved from supporting local
Korean customers to becoming a key resource in developing future
core technologies for the next generation of digital broadcasters,
platform operators and content providers.
About NDS
NDS Group plc (NASDAQ: NNDS), a majority owned subsidiary of
News Corporation, supplies open end-to-end digital technology
and services to digital pay-television platform operators and
content providers. See www.nds.com for
more information about NDS.
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For further information:
| NDS |
|
| Cynthia Ritchie |
T: +44 (0)20 8476 8378 |
| Director, Corporate Communications |
critchie@nds.com |
| |
|
| Vanessa Griffiths-Green |
|
| Director, Marketing & New Initiatives, Asia Pacific |
T: +852 2201 9151 |
| NDS Technology Beijing |
vgriffiths-green@nds.com |
| |
|
| Breakaway Communications for NDS |
|
| Kelly Fitzgerald |
T: +1 212 616 6006 |
| Managing Director |
kfitz@breakawaycom.com |