ToBeSoft Supplies First Hybrid Set-Top Box for Europe... "97.6 Million USD Over 3 Years"

[Asia Economy Reporter Hyunseok Yoo] ToBeSoft announced on the 2nd that it has officially started supplying hybrid set-top box products jointly developed with the set-top box specialist company Daeks.

The first supply was conducted at a scale of $110,000 (approximately 125 million KRW), and a total supply of $9.76 million (approximately 11.1 billion KRW) is planned over the next three years.

In August, ToBeSoft signed an export contract worth $9.76 million for set-top boxes with INMICRO LIMITED, a distributor with a global distribution network in Europe and other regions, and is currently producing products with the joint developer Daeks.

Daeks, established in 2005, is a Linux-based European broadcasting standard (DVB) set-top box specialist company.

The product developed with ToBeSoft is a hybrid set-top box capable of running both Android and Linux OS on a single device. It supports reception of UHD (ultra-high-definition) digital broadcasts in all forms (satellite, cable, terrestrial) as well as OTT (over-the-top) content on one device.

A ToBeSoft official stated, “This product is a cost-effective high-end product developed targeting the European set-top box market. It is small and lightweight, capable of uninterrupted video transmission even in poor communication infrastructure, and highly price competitive, so we expect continuous growth in demand for the product.”

This content was produced with the assistance of AI translation services.