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Cursing your son, daughter or father who is glued to the PC and you can't wait any longer to play a game or watch a movie loaded in it? Well, you can convert your idling TV set into your PC. You can get access to Internet too.
Making this possible is Moschip, a Hyderabad-based fables chip development company. Interestingly, the company has also decided to stop expenditure on research and development (R&D) to get out of the red.
PC virtualisation
Moschip has released a box that lets you connect with the PC through your TV set. The company calls this PC Virtualisation System (PCVS). It is also working on a wireless version of this product.
“It is not just laying a bridge to your PC. You can control the PC with a remote or a wireless keyboard. You can play games using the regular console,” Mr K Ramachandra Reddy, Chief Executive officer and Chairman of Moschip Semiconductor Technology, said.
He showcased the set-to-box sized device that is priced at $100. The company doesn't have any plans to manufacture and sell on its own. “That is not our core business. We will sell licences to OEMs (original equipment manufacturers) such as TV sellers and satellite TV service providers to mass market the product,” he said.
Mr C. Dayakar Reddy, Managing Director, said the device would let users to connect to a variety of gadgets such as smartphones, notebooks and gaming products. “It would also help in tapping the unutilised computing potential of PCs,” he said.
Revamp
Meanwhile, the company has decided to stop R&D investments as part of its plan to come out of losses. “We expect this to happen this year. We are expecting to sell about 10 lakh devices (through partners) this year. Also, we are expecting a huge project from an Indian company for development of a complex chip,” Mr Ramchandra Reddy said.
The company, with 110 employees, registered a turnover of Rs 27 crore and reported a loss of Rs 9.57 crore in 2010-11 for the nine-month period, its loss was put at Rs 1.73 crore and turnover at Rs 14.61 crore.
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