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SAMSUNG ELECTRONICS: First to export globally compatible DVD player
Presswire - June 03, 1998 14:07
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M2 PRESSWIRE-3 June 1998-SAMSUNG ELECTRONICS: First to export globally compatible DVD player (C)1994-98 M2 COMMUNICATIONS LTD
Samsung Electronics Co., Ltd., has developed a digital video disc player (model: DVD-907) that can be used with any TV broadcasting or DVD format. Exports of this unique product are scheduled to begin in this month.
Samsung Electronics has also managed to reduce the number of main chips needed in the product, from six to three. As a result, production costs are lowered, and quality consistency is enhanced.
The world DVD player market, which is mainly centered on the US and Japan, is forecast to be 3 million units this year and to surge to 9 million units by 2000. Importantly, the number of DVD titles available in the US now exceeds one thousand, and DVD rental services are now in operation.
Samsung Electronics realized that development of a universally compatible DVD player would be an essential part of differentiating its products from those of the competition. Company advertisements featuring the slogan "ADAT" (Any Disc Any TV) will accompany product launches into overseas markets.
From this month, Samsung Electronics will begin exporting its DVD-907 to the US and Europe and expects to sell 100,000 units overseas during 1998. By the year 2000, the company projects exports of this product to exceed 1 million units.
Samsung Electronics is focusing on the DVD business and has joined the DVD Forum, which is playing an important role in determining DVD standards.
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