C-Cube Message Board - Msg: 4687106

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Technology Stocks : C-Cube

CUBE 36.52

+0.3%

Dec 12 9:30 AM EST

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To: John Rieman who wrote (33545)	6/2/1998 12:35:00 PM
From: DiViT	of 50808

VCD PLAYERS SALES TO GROW 24 PC IN 1998 06/01/98 Xinhua News Agency - CEIS (Copyright 1998) BEIJING (CEIS) -- THE SALES OF VCD PLAYERES ON CHINAS MARKET IS EXPECTED TO GROW TO 13.6 MILLION SETS IN 1998, UP 24 PERCENT OVER OVER 1997, ACCORDING TO INDUSTRIAL SOURCES. THE DOMESTIC VCD PLAYER ENTERPRISES ARE EXPECTED TO PRODUCE 16 MILLION SETS OF VCDS, OF WHICH 12 MILLION SETS WILL BE SOLD IN CHINA, ACCOUNTING FOR 88.2 PERCENT OF THE TOTAL SALES, HIGHER THAN 87.6 PERCENT IN 1997. THE SALES OF IMPORTED VCD PLAYERS ARE EXPECTED TO HIT 1.6 MILLION SETS, ACCOUNTING FOR 12 PERCENT OF THE DOMESTIC MARKET. THE FOLLOWING TABLE SHOWS THE PRODUCTION AND SALES OF CHINA-MADE VCD PLAYERS IN 1995 TO 1998(PREDICTED) PERIOD: (UNIT: 10,000 SETS) 1995 1996 1997 1998 OUTPUT 22 256 1044 1600 SALES 20 226 960 1200 MARKET SHARE 31.7 79.3 87.6 88.2 THE FOLLOWING IS A TABLE SHOWING SALES OF IMPORTED VCD PLAYERS IN 1995 TO 1998 (PREDICTED) PERIOD: (UNIT: 10,000 SETS) SALES ON CHINAS MARKET TOTAL SALES 1995 43 63 1996 59 285 1997 136 1096 1998 160 1360

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