In February, CNET reported an article evaluating 4K content and recognized quite a few main providers and measures to receive 4K content. The companies that in focus were NanoTech Entertainment, Inc. (OTCMKTS:NTEK), Netflix, Inc. (NASDAQ:NFLX) and Amazon.com, Inc. (NASDAQ:AMZN). It was of interesting to find NanoTech included in the list along with the major players in the industry.
The flagship product
The flagship product of NanoTech is named as UltraFlix. The company has various revenue generating businesses but UltraFlix is the key product offering with the highest ceiling. It reports to have the most 4K content available. However, the problem is a major part of the content is not that exciting to differentiate it among the peers. Here, it is important to mention that CNET believes there is lack of content everywhere.
The changing scenario
In the competitive industry, where the demand of people is on rise, the companies have no other option but to focus on the content. The expectations, the products and the performance all need to be matched with each other to fulfill the customers demand. NanoTech is taking several measures to make a place in the industry. It has partnered with various major TV manufacturers. The list includes Samsung, Vizio, Hi-sense, LG, Sharp, Seiki, Panasonic and Sony Corp (ADR)(NYSE:SNE). The content is also made available through some of the streaming companies.
UltraFlix of NanoTech will appear on Hi-Sense TVs with just one click access. It is a distinct feature that puts the application at one click access and users with 4K TVs will chose it to see their TV system perform at a 4K level. The time is changing and Smart TVs will be the new trend as the secondary players needs an additional remote control, shifting input selections and other steps.
In last trading session, NanoTech Entertainment, Inc. (OTCMKTS:NTEK) share price plunged 5.88% to close at $0.0176, with almost 8.61 million shares traded.