"Of three kinds of STBs, OTT STB shipments outperformed or others with 18.4% year-on-year growth in the first quarter, bolstered by the increase in shipments of mid-range and high-end models for brands like Amazon, Roku, and Google, and the increasing demand in the Chinese OTT market," says Tzu-Yi Kao, industry analyst with MIC. "MIC predicts shipment volume of cable, IP, and OTT STB industry in Taiwan will grow over 8% year-on-year in the first half of 2017."

"IP STB shipments also witnessed nearly 10% year-on-year growth in the first quarter of 2017, owing mainly to stable orders placed by tier-2 and tier-3 telecom operators. Among them, cable STB shipments however declined slightly year-on-year due to the slowdown in the cable TV subscriber numbers that dragged sales of cable STB operators." says Tzu-Yi Kao.