Tag: Peak

  • Peak expands international presence in NY’s Times Square

    Peak expands international presence in NY’s Times Square

    MUMBAI: The new year ushered in with good news for Peak. The Chinese sportswear brand became the first to make its presence at New York’s Times Square.

     

    In line with its vision of creating an international brand, Peak unveiled its new advertisement featuring Tony Parker and Shane Battier dressed in traditional Chinese clothing sending their New Year’s greetings. The advertisement will greet the thousands of New Yorkers and tourists from around the world who pass through Times Square until the Chinese Lunar New Year on January 31, 2014.

     

    Peak celebrated its 25th anniversary a day before the new campaign began airing. Peak founder Jingnan Xu said, “2014 will be the year for Peak to realise its international vision.”

     

    After 25 years of diligent focus, Peak has accomplished a number of key fundamental goals including naming, trademark registration, enhancing quality standards, building brand image and the internationalisation of capital. Following its success in the NBA, Peak has expanded its presence and has become an official partner of FIBA, WTA and a number of other well-known international tournament organisers. The brand has signed sponsorship agreements with more than 10 NBA players including Tony Parker, Shane Battier and nearly 30 WTA players including Galina Voskoboeva.

     

    Peak’s overseas market now covers more than 80 countries including the US, Germany and Australia, which accounts for 14.8 per cent of the total sales during the first half of 2013, making the brand leading sportswear company in China in terms of overseas sales.

  • STB market continues to thrive, expected to peak in 2015

    STB market continues to thrive, expected to peak in 2015

    MUMBAI: Even though the pay-TV industry has been shifting toward delivering services to computers, smartphones and tablets, the traditional set-top box (STB) continues to thrive, with market shipments forecast to hit record highs this year, according to IHS.

    Global shipments of STBs used for cable, satellite, terrestrial and IPTV digital TV services are predicted to reach 269 million units this year, which is eight per cent higher than last year. This is expected to grow another six per cent, to 286 million, in 2014, and a further one per cent, to 290 million, in 2015. However, 2015 is expected to be the peak of the market for the foreseeable future. After that, IHS predicts that STB shipments will decrease by five per cent in 2016 and by another two per cent in 2017.

    “STBs are facing a mounting challenge to their role at the dominant pay-TV video consumption device because of operatorsā€˜ growing emphasis on supporting multiscreen devices,” said Daniel Simmons, the senior principal analyst for TV technology at IHS. “However, operators are continuing to deploy STBs in order to manage the compatibility between their delivery networks and the consumer electronics devices that consumers are increasingly using to view content now.”

    “As pay-TV operators rush to accommodate changes in delivery platforms and in video formats – including the adoption of HD – STB shipments will continue to rise, hitting record levels for the next few years”, adds Simmons.