May 22, 2013 - 04:00 PM EDT — AAPL: 441.354 (+1.694, +0.39%) | NASDAQ: 3498.965 (+33.722, +0.97%)
“Display system providers TPV Technology and LG Electronics are said to either be forming alliances with one another or are seeking out additional partners for smart TV alliances,” Julian Ho and Alex Wolfgram report for DigiTimes. “China-based TV brand Changhong has also formed an alliance and predicts that within three years it will have cloud computing as the core of its smart TVs with expanded software and hardware, the sources noted.”
“The sources said the alliances are also forming as Apple is preparing to release a smart TV,” Ho and Wolfgram report. “Due to Apple’s influence in the market, the sources fear it will further dominate the smart TV market, which is estimated to reach a 40% penetration rate by 2014.”
Read more in the full article here.
MacDailyNews Take: We love the smell of fear in the morning.
[Attribution: AppleInsider. Thanks to MacDailyNews Reader "Brawndo Drinker" for the heads up.]