DVD to replace VCD. VCD is dying............................
asiansources.com
Beijing June 11 1999
DVDs to outnumber VCDs by 2001
Beijing Philips Audio/Video Corp. expects the number of DVD players sold to exceed that of VCD players as early as 2001, an executive of the company said.
The company expects the total number of disc players to stagnate over the coming years to between 12 million and 15 million. The market this year will comprise mostly VCD players, but by next year, DVD players will hold 35 percent of the market, and by 2001, 65 percent, said Tony Cher, senior manager of the company's product management and development division.
The reason for the increase is the continuous decline in the price of DVD components, such as loaders, which are expected to fall from $90 to $35 each, allowing DVD player prices to drop to an affordable $200 apiece. Currently, most DVD players now sell for more than $300 and movie discs cost as much at $8 each. In contrast, VCD players sell for about $125 each and discs go for $1 apiece.
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