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China Video Industry Association to develop HDMI technology with Silicon Image
MUMBAI: The California-headquartered Silicon Image, Inc., a global player in semiconductors for the secure storage, distribution and presentation of high-definition content, has announced a landmark agreement with the China Video Industry Association (CVIA) under which CVIA will promote and support the use of High-Definition Multimedia Interface (HDMI) by the consumer electronics industry in China.
The agreement with CVIA positions China to play a major role developing next-generation digital consumer electronics technology.
As part of the agreement, Silicon Image and CVIA have agreed to work together to promote HDMI adoption among domestic Chinese electronics manufacturers, co-develop new technology applicable to HDMI, and collaborate on establishing testing and interoperability certification labs that complement the capabilities of the HDMI Authorized Testing Centers established by Silicon Image, states an official release.
In addition, Silicon Image will support the China Digital Interface Industry Alliance (CDIA), an industry alliance consisting of major Chinese electronics manufacturers that CVIA is establishing. CDIA will work to promote the use of HDMI in consumer electronic products, promote communications among manufacturers in China and abroad, and strengthen coordination between hardware manufacturers and content providers, the release adds.
In a related announcement, HDMI Licensing, LLC, announced a global reduction in the annual administration fee charged to HDMI adopters. The fee reduction was made possible by HDMI’s growing success in the marketplace; more than 400 makers of consumer electronics and PC products worldwide have adopted HDMI, including 82 companies in China.Based in Beijing, the China Video Industry Association (CVIA) is China’s industry association for manufacturers of digital television, digital movie/broadcasting, high definition optical disc, set-top box and information technology equipment and components, and is focused on promoting China’s digital consumer electronics industry.
In 2005, China manufactured 82 million televisions and 140 million DVD or VCD players, according to CVIA. Sales of plasma and LCD TVs are forecast to grow 105 percent this year to $5.5 billion, and are estimated to reach $10.5 billion in 2008, according to IDC.
“Today China is taking a major step forward in promoting the development of its digital consumer electronics industry,” says Department of Broadcasting and Television, Ministry of Information Industry director Bai Weimin. “CVIA’s agreement to partner with Silicon Image to develop new digital interface technology will further the development of China’s electronics manufacturers as leaders in creating advanced digital technologies.”
“Under this agreement, China’s companies will not only embrace the global HDMI standard but will partner with Silicon Image to participate in future technology development for HDMI,” says CVIA vice secretary-general Hao Yabin. “This agreement will help China develop its own intellectual property, protect the interests of China’s digital consumer electronics industry, and improve the cooperation and mutual benefit of the domestic and international high definition technology industries.”
“Silicon Image will work closely with China’s digital consumer electronics industry to help create innovative, cutting edge products and technologies,” says Silicon Image president and CEO Steve Tirado. “This agreement represents an important expansion of the HDMI standard into the world’s largest consumer market, and strongly re-affirms HDMI as the worldwide standard for high-definition digital devices.”
New Testing Labs
As part of the agreement, Silicon Image and CVIA will cooperate in establishing testing and interoperability certification labs. Silicon Image will continue to operate HDMI Authorized Testing Centers (ATCs) and Simplay HD Testing Centers in China. In addition, Silicon Image, through its wholly-owned subsidiary, Simplay Labs, LLC, and CVIA will work together to establish testing and interoperability certification labs that complement the capabilities of the HDMI ATCs.
Silicon Image today also announced the opening of China’s second combined HDMI ATC / Simplay HD Testing Center in Shanghai, and with the support of CVIA plans to open a third such facility in China at a location to be determined.
The Simplay HDTM Testing Program consists of branding, compatibility testing, and education for consumers to provide them with a consistent “plug and play” user experience and to maximize their access to premium high definition (HD)
News Broadcasting
Network18 Q4 revenue grows 9.7 per cent, EBITDA at Rs 30 crore
PAT improves to Rs 306.6 crore, margins steady amid cost pressures.
MUMBAI: Not all news is breaking, some of it is quietly improving. Network18 Media & Investments Limited appears to be doing just that, tightening losses and stabilising margins even as costs continue to weigh on the business. For FY26, the company reported revenue from operations of Rs 1,955.1 crore, up from Rs 1,896.2 crore in FY25, signalling modest top-line growth in a challenging media environment. Total income stood at Rs 1,978.2 crore, compared to Rs 1,913 crore a year earlier.
Profit after tax came in at Rs 306.6 crore for the year, a sharp turnaround from Rs 3,225.4 crore in FY25, largely reflecting the absence of large exceptional items that had inflated the previous year’s numbers. On a more comparable basis, the company’s operating performance showed signs of gradual stabilisation.
However, the quarterly picture remained under pressure. For the March quarter, Network18 reported a loss of Rs 53.1 crore, narrower than the Rs 98.1 crore loss in the same period last year, but still indicative of ongoing cost challenges.
Expenses continued to track high. Total expenses for FY26 stood at Rs 2,235.7 crore, up from Rs 2,197.8 crore in FY25. Key cost heads included operational expenses of Rs 765.9 crore, employee benefits of Rs 475.9 crore, and marketing, distribution and promotional spends of Rs 427.1 crore, underlining the continued investment required to sustain reach and engagement.
At an operating level, margins remained under strain. Operating margin stood at 2.33 per cent for FY26, marginally higher than 1.77 per cent in FY25, while net profit margin remained negative at -13.02 per cent, though improved from -14.89 per cent.
On the balance sheet, total assets rose to Rs 8,957.6 crore as of 31 March 2026, from Rs 8,317.5 crore a year earlier. Equity strengthened to Rs 4,958.7 crore, while borrowings increased to Rs 3,112.8 crore, reflecting a higher reliance on debt to support operations.
Cash flows told a mixed story. While financing activities generated Rs 83.9 crore, operating cash flow remained negative at Rs -24 crore, highlighting ongoing pressure on core cash generation. Cash and cash equivalents, however, improved to Rs 33.9 crore from Rs 1.8 crore.
The numbers point to a company in transition growing revenues, trimming losses, but still grappling with structural cost pressures. In a sector where scale often comes at a price, Network18 seems to be inching towards balance, one quarter at a time.
