Californian based Rovi will work with TPV Technology Limited to bring Philips branded DivX certified televisions to the Chinese market.
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The deal with TPV is the latest in a series of deals made by Rovi with manufacturers in China, including deals with Mei Ah Digital Limited and China Mobile Hong Kong to use DivX Plus Streaming to stream premium entertainment services to mobile users in Hong Kong.
DivX Plus HD Certified devices allow high-quality playback of video up to 1080p, with over 750 million DivX devices having shipped worldwide to date.
DivX DRM technology embedded at chip level on every device allows secure access to a wide range of Hollywood movies and TV shows, plus Internet video over a multi-manufacturer ecosystem of consumer electronic devices.
Digital content can be transferred via optical disc, USB drives, SD cards or streamed to DLNA-compatible devices.
More info: Rovi Corporation
Original press release:
Rovi and TPV to Launch DivX Certified Philips TVs in China
Rovi Continues Momentum in Region by Entering Agreement with One of the World’s Largest Original Design Manufacturers
SANTA CLARA, CA, March 21, 2013 — Rovi Corporation (NASDAQ: ROVI), driving digital entertainment innovation, today announced it has reached an agreement for DivX® technology with TPV Technology Limited (“TPV” or “the Group”, SEHK: 00903; SGX: T18), a leading display solutions provider. TPV plans to add DivX Plus® HD Certification into Philips-branded TVs for distribution throughout China. The DivX Certified TV will enable consumers in Greater China to easily access and enjoy the wide range of premium and Internet video entertainment available in the DivX format.
The collaboration with TPV is the latest in a series of wins for Rovi in China. The company has signed agreements with a range of China-based OEMs and ODMs shipping worldwide, and is also gaining traction with entertainment service providers. Most recently, Rovi announced that Mei Ah Digital Ltd. (Mei Ah, a member of Mei Ah Entertainment Group), in collaboration with China Mobile Hong Kong Company Limited (China Mobile Hong Kong), is using DivX Plus Streaming™ to deliver premium entertainment services to mobile users in Hong Kong. Rovi’s DivX Plus Streaming solution builds upon core DivX video technologies and capabilities to allow for broad device interoperability and a feature-rich consumer viewing experience with streaming entertainment content.
“As a premier ODM, TVP’s support for DivX technology further reinforces Rovi’s momentum in this rapidly growing market and highlights the universal value and appeal of the DivX Certified Program,” said Simon Adams, SVP, Sales and Marketing, Consumer Electronics, Rovi Corporation. “Philips TVs will add to the already expansive DivX ecosystem and increase the number of options for consumers who want to access and enjoy a growing catalog of Hollywood entertainment available in the DivX format.”
DivX Plus® HD Certified devices enable the high quality playback of personal, user-generated, and protected premium content in the DivX video format in video resolutions up to 1080p. To date, well over 750 million DivX devices have shipped worldwide. With DivX DRM technology embedded at the chip level in every DivX Certified device, consumers can enjoy the wide range of Hollywood movies and TV shows, as well as Internet video content across an extensive, multi-manufacturer ecosystem of consumer electronics devices. DivX movies can be transferred via optical disc, USB drive or SD cards, or streamed to any DLNA-compatible device in the home.
About TPV
TPV is a leading display solutions provider. The Group designs and produces a full range of PC monitor and LCD TV on ODM basis. TPV’s design and manufacturing capabilities add value to customers through cost leadership, timely delivery, and superior quality. The Group also distributes products globally under its own brands AOC and Envision. In 2009 and 2011, the Group acquired licenses to sell Philips monitors globally and TV in China, respectively. Today, TPV is the world’s largest ODM manufacturer of PC monitors and LCD TVs in terms of unit shipment.
About Rovi Corporation
Rovi powers the discovery, delivery, display and monetization of digital entertainment. With innovative technology solutions for consumer electronics manufacturers, service providers, content producers, advertisers, retailers and websites, Rovi connects people and the entertainment they love. The company holds over 5,000 issued or pending patents worldwide and is headquartered in Santa Clara, California. More information about Rovi can be found at rovicorp.com.
Forward Looking Statements
All statements contained herein that are not statements of historical fact, including statements that use the words “will” or “is expected to,” or similar words that describe the Company’s or its management’s future plans, objectives, or goals, are “forward-looking statements” and are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Company to be materially different from the historical results and/or from any future results or outcomes expressed or implied by such forward-looking statements. Such factors are further addressed in the Company’s most recent report on Form 10-K for the period ended December 31, 2012 and such other documents as are filed with the Securities and Exchange Commission from time to time (available at www.sec.gov). The Company assumes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release, except as required by law.