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Technology Stocks : C-Cube
CUBE 36.52+0.3%Dec 12 9:30 AM EST

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To: BillyG who wrote (26522)12/11/1997 3:47:00 PM
From: DiViT  Read Replies (1) of 50808
 
Japan Toshiba 1st Approved To Market DVD Player In Europe
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12/11/97
Dow Jones News Service
(Copyright (c) 1997, Dow Jones & Company, Inc.)
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TOKYO (Nikkei)--Japan's Toshiba Corp. (J.TOS or 6502) will introduce in spring 1998 a second-generation digital video disk player in the European market, the Nikkei Industrial Daily reported in its Thursday edition.

The leading electric machinery maker will be the first Japanese DVD maker to market players in Europe.

The release of the SD-K310 model follows authorization to sell DVD players with dolby stereo-surround systems handed down by the first general meeting of the DVD Forum.

Toshiba plans initial sales in the U.K., France and Italy with hopes of securing a 30% market throughout Europe, the newspaper said. (Eastern Europe - r/eeu) Projected domestic sales for the current year total more than 300,000 players with sales in the U.S. anticipated to climb above the 600,000 mark.

(END) DOW JONES NEWS 12-11-97
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