Published: 16.43 Europe/London, June 19, 2011
The Vestel Group is to only use portal solutions from the German supplier NetRange MMH for configuring internet-compatible televisions, the two companies have announced.
NetRange MMH is an independent white label manufacturer of full-service portal solutions. It develops, operates and markets web-based interactive user interfaces for high resolution TV screens and, as such, it is one of the world’s leading technology providers for connected TV.
Vestel Group equips renowned brand manufacturers in the field of consumer electronics all over the world – over one million connected LCD TVs are expected to be exported into European markets in the first year, with the main focus being on the UK, France, Spain, Italy and Germany.
US market researchers forecast dynamic growth in the area of internet compatible TV: in 2014, it is expected that Internet-compatible televisions will command a global market share of 43%, which corresponds to 122 million televisions.
The Vestel Group comprises 25 companies operating in manufacturing, technology development, marketing, and distribution fields in the consumer electronics, digital technologies, and household appliances, with a €3.7 billion turnover.