France-based set-top and home gateway company Netgem saw profits halve last year as it felt the impact of a shortage of hard disk drives as a result of last year’s flooding in Thailand.
The company posted net profit of €10.7 million, down from €23.4 million in 2010. Revenue was down 37% at €84.7 million.
Netgem said the availability and pricing of hard disk drives are coming back to normal and it expects its first quarter revenue for 2012 to amount to €18 million.
Join us for Day 4 of the DTVE Digital Symposium "The user experience: gateway to content" on 24 September at 3pm BS… twitter.com/i/web/status/1…
22 September 2020 @ 17:27:36 UTC
Azam TV migrates to Eutelsat 7C and signs multi-year extension digitaltveurope.com/2020/09/22/aza…
22 September 2020 @ 15:09:00 UTC
Disney-owned Fox Sports will reportedly cease to operate in Taiwan by the end of the year digitaltveurope.com/2020/09/22/dis… https://t.co/eEGeq4Gbhl
22 September 2020 @ 14:00:00 UTC