Chunghwa Telecom, R&H Develop Visual Effects Center
TAIPEI, Nov 23, 2012 (SinoCast Daily Business Beat via COMTEX) --
Chunghwa Telecom Co., Ltd. (NYSE: CHT) signed a memorandum of understanding (MOU) on the establishment of a joint venture with Hollywood's special effect producer R&H a few days ago.
The joint venture, namely, the center for Cloud for Animation and Visual Effects (CAVE), will be provided with Chunghwa Telecom's computer rooms, communication networks and virtual management technology Vituoso that is developed by the company. The center will also bring in Hollywood's technologies of special effects of movies and industrial experience to catch the needs of cloud computing terminals in the production of special effects of movies and to develop the digital content industry in Taiwan. Both sides have not decided how much money they will invest in the joint venture.
Source: www.cctime.com (November 23, 2012)
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