COMPETITION between pay TV operators, new technology and and the switch off of the old analogue TV system will "stimulate" future growth for set-top box maker Pace Micro Technology.

The Saltaire-based group, which will one of the world leaders in its market after it completes a £68m deal to buy the set-top box business of European electronics giant Philips, said today that it enjoyed an "exceptional performance" last year.

The group, which has changed its accounting year-end to match the calendar year, saw pre-......for the full story register now for free or login below...