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Technology Stocks : C-Cube
CUBE 35.68-0.4%12:01 PM EST

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To: BillyG who wrote (29600)2/17/1998 6:55:00 PM
From: Don Dorsey  Read Replies (1) of 50808
 
"Also offering DVD OEM kits in China is C-Cube Microsystems, the dominant supplier to China's booming video-CD OEM market. Michael Wood, senior director of the consumer division, said C-Cube has completed "a reasonably good, selective rollout" of the kit--offered for a one-time fee of $100,000--to five to 10 local manufacturers so far, and that it will target a like number of local companies via a second selective rollout later this year."

"Some market watchers are going as far as to predict that China will become the source for the world's lowest-cost DVD players within the next few years. "

It's possible that Chinese electronics manufacturers are at the point where Japanese electronics manufacturers were 30 years ago. For a variety of reasons the Japanese were able to produce the lowest cost products, and despite an early feeling that the quality was poor, Japanese products soon dominated the consumer electronics market all over the world.

If Chinese companies can grab a good portion of the DVD market outside of China, CUBE would probably be the dominant chip in the world's DVD market. Let's get it going China!
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