Taiwan`s broadcast TV will be completely converted to digital technology by July 2012, six months ahead of the original schedule.
CENS.com reports that the move will take place along with the digitalisation of cable TV, unleashing business opportunities worth some NT$20 billion, including the procurement of set-top boxes and digital TVs.
Around 5.6 million households, or 75% of 7.5 million households with access to broadcast TV channels, will have to buy digital TVs or install set-top boxes.
The policy was finalised during a meeting of the Executive Yuan (the Cabinet) last week, which resolved to complete the digitalisation of broadcast TV by the opening of the London Olympics in July 2012.
Meanwhile, the government has targeted boosting the penetration of digital cable TV programmes to 50% by 2015.
To facilitate the development of high-definition digital TV, the Ministry of Transportation and Communications (MOTC) plans to issue five digital broadcast TV licences and two mobile TV licences next year.