Cyberjaya, Malaysia, Jakarta, Indonesia and Qing Dao, Shandong Province China (April 18, 2016) – MyFed Asia and Hisense announced that they have signed a Strategic Alliance agreement for global manufacturing of next generation KLIX streaming device. Both companies will undertake the initiative to integrate MyFed Asia’s proprietary compression technology and Hisense streaming device to deliver a better connected experience via KLIX OTT TV platform.
MyFed Asia and Hisense will combine innovative technology and proven expertise to provide KLIX users high quality content delivery to big TV screen and mobile multi-screen experience. Both companies target first delivery to end users in July 2016 starting with pilot markets in Asia. It is projected 500,000 Asian homes will be enjoying KLIX connected experience by end 2016, and over 20 million homes worldwide by 2020.
MyFed Asia has completed the successful global brand launch of KLIX, the world’s first OTT TV Federation platform, on 12th April 2016 in Broadband TV Connect Asia 2016, Jakarta. This revolutionary OTT platform unifies linear traditional TV broadcasters, content owners, SVOD service providers, last-mile providers and global e-commerce partners. KLIX reduces bandwidth requirement whilst delivering a better connected experience. As a result, KLIX has the lowest cost content distribution and more importantly enabling ‘fiber-like’ triple-play services experience via 3G/LTE network. The business model embraces the concept of a global shared economy and content federation commerce offering an upside revenue for every member of the federation. It has also developed strategic alliances with Deluxe Entertainment Services Group, a global leader in digital media and entertainment services across film, video and online content from capture to consumption.
Hisense joins MyFed Asia’s select group of best-in-class alliance to provide the foundation of the KLIX OTT TV Platfom. Hisense has four overseas production bases in South Africa, Algeria, Egypt and Mexico. Additionally, Hisense has seven overseas R&D centers including China, USA, Canada and Europe to strengthen key technologies and create leading-edge products constantly. Hisense products have been sold in more than 130 countries and regions.
Hisense Co., Ltd. is a Chinese multinational white goods and electronics manufacturer headquartered in Qingdao, Shandong province, China. It is a state-owned enterprise with publicly traded subsidiaries. Around the world, Hisense has built 16 overseas companies which are located in North America, Europe, Australia, Africa, the Middle East and Southeast Asia. For more information, visit global.hisense.com/