NEWS
Coolita launches Indonesia’ s first FAST Media Alliance with leading broadcasters
Indonesia’ s first industry alliance dedicated to FAST( Free Ad-supported Streaming TV) has been launched in Jakarta, bringing together broadcasters, technology companies and media organisations to support the digital transformation of television.
The Indonesia FAST Media Alliance was jointly initiated by Coolita and the China Intercontinental Communication Center( CICC). Its founding members include Indonesia’ s leading public and private broadcasters – TVRI, Metro TV, GARUDA TV, BTV, Jawa Pos Multimedia and JAKTV – with Tencent Cloud serving as the technology partner.
FAST combines the familiar experience of linear television with internet delivery and advertising-supported streaming. Around the world, broadcasters are increasingly using FAST to extend the reach of their channels, bring local content to connected
TV audiences and develop new digital distribution models.
The new alliance aims to help Indonesian broadcasters explore that transition. Members will work together on FAST channel development, digital content distribution and technology collaboration, while preserving the strengths of free-to-air television. The alliance is also expected to support broader cooperation between Indonesia’ s media industry and international partners.
As a co-initiator, Coolita operates a smart TV platform across more than 100 countries and regions, serving over 40 million users worldwide, including more than 5 million in Indonesia. Its FAST service, Coolita Channel, offers more than 1,000 free channels across news, sports, movies and other genres, providing broadcasters with an established CTV distribution platform.
As viewing continues to shift towards CTV, closer collaboration between broadcasters, technology providers and content partners will play an important role in supporting the next stage of Indonesia’ s television industry.
Hitachi Energy invests US $ 300 million in China to bolster global manufacturing capacity
Hitachi Energy, a global leader in electrification, has announced a US $ 300 million investment in China to strengthen its global manufacturing footprint and address rapidly growing demand for transformers. The investment will bolster the company’ s power transformer and component manufacturing capacity in Hefei, East China’ s Anhui Province, strengthening the resilience of the global transformer value chain to help ease supply chain constraints.
This investment underscores China’ s strategic importance to the company’ s global growth ambitions and supply chain resilience. It forms part of the company’ s US $ 9 billion global investment plan, the largest in the industry, to expand manufacturing capacity, engineering, R & D and partnerships, as global demand for energy solutions continues to accelerate.
“ As demand for electricity surges, driven by rapid growth in AI, data centres, mobility and industrialisation, the need for critical grid equipment has never been greater,” said Bruno Melles, CEO of Business Unit Transformers at Hitachi Energy.“ Building on our continued commitment in China, this expansion is an example of how
we are strengthening our manufacturing capabilities and reinforcing the resilience of local and global transformer value chains to better support our customers in building more secure, affordable and sustainable energy systems for the electricity era.”
“ This significant investment reflects our long-term commitment to our customers, partners and market and demonstrates our confidence in China’ s manufacturing ecosystem,” said James Zhao, Executive Vice President and Region Head North Asia, Hitachi Energy.“ The establishment of a state-of-the-art power transformer factory and the new ultra-high voltage bushing facility, as well as the launch of the digital production line of tap changers, are key milestones in the company’ s presence in the country. Together, this investment will support China’ s development of a new energy system while meeting growing demand from customers around the world.” www. intelligentcio. com
INTELLIGENT CIO APAC
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