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|The oldest TV technology is getting popular again with cordcutters - We've all heard the term "cord cutting" more times than we can stand, but it often seems like, despite the fact that many cable and satellite customers talk about it, very few people are actually axing their pay-TV services in favor of something else. A new study suggests that while it might not seem like many people are actually going back to over-the-air TV, the movement is actually gaining some serious traction. According to the report, a full 15% of households with broadband connections have gone back to TV via antenna exclusively. "Pay-TV subscriptions have dropped each year since 2014, falling to 81% of U.S. broadband households in Q3 2016,” Brett Sappington, Senior Director of Research with Parks Associates, said of the data. “Several factors have played a part in this decline, including growth in the OTT video market, increasing costs for pay-TV services, and consumer awareness of available online alternatives." It's important to note that many of the cord cutters are likely not relying solely on their local broadcasters for content, but are instead embracing streaming services in place of their traditional cable or satellite options. Netflix, Hulu, YouTube, and even Twitch are starting to seriously make a case for themselves as primary video services, rather than supplementary add-ons alongside a monthly cable bill. Still, it's an impressive figure that seems to be growing rather steadily, and with dissatisfaction in many cable providers at an all-time high, it's hard to imagine this trend doing anything but growing for the foreseeable future. Sun, 22 Jan 2017 09:00:32 -0500|
|Foxconn CEO says investment for display plant in U.S. would exceed $7 billion - |
Foxconn, the world's largest contract electronics maker, is considering setting up a display-making plant in the United States in an investment that would exceed $7 billion, company chairman and chief executive Terry Gou said on Sunday. The plans come after U.S. President Donald Trump pledged to put "America First" in his inauguration speech on Friday, prompting Gou to warn about the rise of protectionism and a trend for politics to underpin economic development. Foxconn's proposal to build a display plant, which would be planned with its Sharp Corp unit, depend on many factors, such as investment conditions, that would have to be negotiated at the U.S. state and federal levels, Gou told reporters on the sidelines of a company event.
Sun, 22 Jan 2017 08:46:23 -0500
|UK's May looks to boost technology industry as she eyes life after Brexit - |
The government's plan to reshape Britain's economy to adapt to Brexit will be announced next week, Prime Minister Theresa May said on Sunday, highlighting technology as one growth sector and setting out a new technical education strategy. May has made rebalancing the heavily services-based economy one of her top priorities since coming to office last July, as a way to deal with the economic impact of Britain's exit from the European Union and re-engage with disillusioned working class voters. On Monday ,she is due to publish an outline of the government's plans for a "modern industrial strategy" in a consultation document which will seek the views of industry.
Sun, 22 Jan 2017 06:41:56 -0500