C-Cube Message Board - Msg: 3111943

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Technology Stocks : C-Cube

CUBE 36.52

+0.3%

Dec 12 9:30 AM EST

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To: coopie who wrote (27630)	1/7/1998 9:45:00 AM
From: BillyG	Read Replies (1) of 50808

China's First DVD Maker to Start in June January 7, 1998 (SHANGHAI, China) -- China's first digital videodisk (DVD) production line is expected to begin operation in Shanghai in June. Based on a loan from the World Bank, the Shanghai Golden Image CD Corp. plans to start the production line in cooperation with foreign companies. Various manufacturers are bidding for the right to operate the production line. The DVD line can also be used for producing CDs, VCDs, and CD-ROMs, said Wang Hao, deputy director of the National Engineering Research Center. He added that the popularity of DVDs will help promote development of digital audio and video products. Some of China's manufacturers have already begun research and development on digital TV sets, and a Hangzhou-based company is the first in the country to produce digital TVs. (Xinhua News Agency)

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