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Technology Stocks : C-Cube
CUBE 36.03+1.3%Dec 10 3:59 PM EST

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To: J Fieb who wrote (37932)12/23/1998 8:11:00 PM
From: John Rieman  Read Replies (2) of 50808
 
China Electronic Audio System Industrial Association predicts flat VCD sales in 1999. I don't know if they added Chao Ji VCD..........

1998 Market Demand for Home Cinema System, 2.4 Million

(Xinhua Electronics News/Xinhua News Agency)

BEIJING -- China's market demand for home cinema systems is expected to reach 2.4 million sets in 1998, according to a forecast by the China Electronic Audio System Industrial Association.

Sales of home cinemas with all environing audio functions and AV function reached 1.17 million sets in 1997, up 89.9% from 1996. Of the total sales, about 44.2%, or 517,000 sets, were imported.

Following is a table showing the market sales of home cinemas in 1996 and 1997 and the market demand expected for 1998 and 1999.

Year 1996 1997 1998 1999


Urban sales of VCD (in 10,000 sets)
285 1,096 1360 1360


Demand for home cinema (in 10,000 sets)
19.5 138 240 270


Per 100 household demand for home cinema -
1.2 3.4 6.5

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