Milestone for Amino

Amino sold its two millionth IPTV set-top box in December 2008, making it the third only vendor to achieve the milestone. Motorola and Sagem are the other two that have shipped more than 2 million IPTV STBs.

The 2m number excludes shipments from Tilgin, an IP STB vendor that Amino acquired sometime back. Tilgin cumulative shipments are 500K units. Amino plans to merge together the features in order to produce a better breed solution.

Majority of Amino customers have been tier 2s. The vendor is strong in Americas which accounts for nearly 55% of shipments till date. Europe accounts for 40% shipments. The company has not been able to make a strong impression on the Asian market though. Some of the Asian STB vendors have been offering aggressive pricing. Amino’s strategy is to license its technology to Asian manufacturing partners.

STB is the main cost component of an IPTV offering. All the silicon vendors are trying to achieve low cost. Huawei’s subsidiary in China is aiming at bringing the IP STB cost within the $50 range.