For the second consecutive year, demand for digital cable set top boxes remains soft as cable TV operators around the world continue to reduce their capital expenditures. Worldwide digital cable set top box unit shipments are projected to reach 9.97 million this year, a slight decrease from the 10.03 million unit shipments in 2002.
Digital cable set top boxes with integrated PVR capabilities are generating a great deal of interest among cable TV operators. In 2002, there were only 80,000 worldwide unit shipments of PVR-enabled boxes. In 2003, this total is projected to jump to almost 800,000.