SHANGHAI :
Shanghai Oriental Pearl, Lenovo Parent Sign New Media Business Cooperation Agreement
Dou Shicong
DATE:  Sep 07 2017
/ SOURCE:  Yicai
Shanghai Oriental Pearl, Lenovo Parent Sign New Media Business Cooperation Agreement Shanghai Oriental Pearl, Lenovo Parent Sign New Media Business Cooperation Agreement

(Yicai Global) Sept. 7 -- Media mammoth Shanghai Oriental Pearl Group Co. [SHA:600637] will collaborate with technology giant Legend Holdings Corp. [HK:3396] on new media businesses, covering fields such as communication services, product supply and resource sharing.

Oriental Pearl signed a cooperative agreement with Lenovo (Beijing) Ltd., a subsidiary of Legend Holdings, yesterday. The two companies will build a smart platform with multi-terminal functions to provide better audio-visual services to customers, Oriental Pearl said.

The scheme will cover audio-visual services, value-added services, membership systems, smart terminals, big data, artificial intelligence and marketing channels, and the groups will work to mature relevant technologies, Oriental Pearl said.

Authorized by the Radio and Television Station of Shanghai, Oriental Pearl has the right to provide internet-based audio-video program services as well as the integrated services of new media such as internet protocol television (IPTV), online TV and mobile TV. Oriental Pearl will be responsible for applying for a new media business license.

Lenovo is the largest computer manufacturer in China. Smart terminal products involved in the cooperation include smart TVs, smart set-top boxes, personal computers, tablet computers and virtual reality equipment.

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Keywords:   MSCI,Lenovo