Samsung Elec in talks with Disney on set-top boxes
Friday January 10, 8:22 PM EST
SEOUL (Reuters) -- South Korea's Samsung Electronics Co is in talks with Walt Disney Co on supplying the U.S. entertainment group with set-top boxes for its North American pay-TV project, a Samsung spokesman said.
South Korea's Chosun Ilbo newspaper said on Saturday a deal between the two companies had already been reached but the Samsung spokesman said talks were going on and nothing has been determined.
"It's hard to say at this stage. We're still in the middle of talks," the spokesman for Samsung Electronics said.
The Chosun Ilbo newspaper said Samsung, which produces memory chips, handsets and electronic goods, will start supplying 20,000 set-top boxes from July and gradually increase the number of boxes.
"(Samsung) has decided to participate in Disney's movie pay-TV project by providing high definition set-top boxes. A contract has recently been signed," the paper said,
Samsung was selected from among contenders from Japan, Europe and the United States, the newspaper said.
Friday January 10, 8:22 PM EST
SEOUL (Reuters) -- South Korea's Samsung Electronics Co is in talks with Walt Disney Co on supplying the U.S. entertainment group with set-top boxes for its North American pay-TV project, a Samsung spokesman said.
South Korea's Chosun Ilbo newspaper said on Saturday a deal between the two companies had already been reached but the Samsung spokesman said talks were going on and nothing has been determined.
"It's hard to say at this stage. We're still in the middle of talks," the spokesman for Samsung Electronics said.
The Chosun Ilbo newspaper said Samsung, which produces memory chips, handsets and electronic goods, will start supplying 20,000 set-top boxes from July and gradually increase the number of boxes.
"(Samsung) has decided to participate in Disney's movie pay-TV project by providing high definition set-top boxes. A contract has recently been signed," the paper said,
Samsung was selected from among contenders from Japan, Europe and the United States, the newspaper said.