Internet TV deal signed

SHANGHAI: Intel Corp, the world's biggest computer chip maker, yesterday signed a deal with a local broadcaster to develop Internet TV.

The US chip maker will invest $12 million in Shanghai Media Group (SMG) and provide technical support under a 2005 agreement.

The new media market - including interactive TV, mobile phone TV and IPTV - is expected to take off in China. IPTV is a digital television service delivered using Internet protocol over network infrastructure. It already has about 1.2 million users in a number of trial cities across China.