A new TV will soon come to Vietnam

FPT Telecom chairman Hong Nam Tien said on his personal website that the company will launch the new product on September 6. “This is the first device available from FPT Play in Vietnam,” said Tien-san posting a photo of a production unit with the same design as the FPT Playbox but thinner.

Although no details have been announced, based on revelations on FPT Telecom’s chairman’s personal page, this could be the segment’s next-generation TV.

In 2021, FPT Telecom announced the PlayBox S, the first device that integrates a TV box with a smart speaker and controls a smart home. This company announced that it has joined two services – FPT TV (IPTV technology) and FPT Play OTT service with millions of users. But there is new consolidation in software and services, and users still need two different devices. A future product aims to solve this problem with an integrated IPTV and OTT TV decoder.

IPTV is a television technology that delivers stable and playable content with low latency over a dedicated Content Delivery Network (CDN) connected directly to a fiber optic line. OTT TV, on the other hand, has higher latency but can be viewed from multiple devices via an app. In the past, users had to use separate decoders to watch TV using these two technologies.

According to the report issued by the Department of Radio, Television and Electronic Information of the Ministry of Information and Communications, consumer demand in the country for paying for television services has increased. In 2021, Vietnam will have more than 16.6 million people. Subscribers, just over 2020. Vietnamese consumers spent 9,000 billion. VND for domestic and foreign pay TV services such as FPT Play, MyTV, Netflix, IQIYI… years, usage of popular services until 2022. At the end of the second quarter, pay TV revenues increased by 9 compared to the same period last year, 5 percent. Revenue from OTT TV services increased by almost 300 percent.

Lu Kui