Pay TV operators purchased US$15.3 billion worth of set-top boxes (STBs) in 2014, down from US$15.9 billion in 2013. This decline represents the first contraction in the market since 2002, according to IHS. Shipments of pay TV STBs grew slightly in 2014 to 204.7 million units, an increase of just under 1% from 203.1 million units in the previous year; however, such modest shipment growth failed to compensate for the effects of price erosion in this highly competitive market.
from DIGITIMES: IT news from Asia http://ift.tt/1R1c3tS
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