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Technology Stocks : C-Cube
CUBE 37.23-0.3%Nov 28 12:59 PM EST

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To: CPAMarty who wrote (28966)1/30/1998 2:58:00 PM
From: DiViT  Read Replies (3) of 50808
 
World DVD Player Market Seen At 11.53 Mln Units In 2002

01/30/98
Dow Jones News Service
(Copyright (c) 1998, Dow Jones & Company, Inc.)


TOKYO (Dow Jones)--The market for digital video disk players worldwide will expand to 11.53 million units in 2002 from 796,000 units in 1997, growing 71% annually on average during the period, the Electronic Industries Association of Japan forecast Friday.

It predicted the U.S. market would grow to 3.2 million units in 2002 from 360,000 units in 1997 and that the Japanese market would expand to 2.2 million units from 140,000.

Another big growth area will be for portable minidisc players, it predicted. In this area, it sees the market amounting to 19.76 million units in 2002 compared to 2.29 million units in 1997, resulting in an average annual growth rate of 54% during the period.

(END) DOW JONES NEWS 01-30-98
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