Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?

To: John Rieman who wrote (44129)	8/25/1999 6:18:00 PM
From: DiViT	Respond to of 50808

China: State: No more VCD plants 08/23/1999 China Daily Page 5 Copyright (C) 1999; Source: World Reporter (TM) - Asia Intelligence Wire CHINA'S household electrical appliances are likely to shake off its current oversupply thanks to government incentive policies, analysts say. According to the State Economic Trade Commission (SETC), new projects that produce video compact disk ( VCD ) players, refrigerators, air conditioners and other electrical appliances will not be approved in order to curb overproduction. The announcement released by the SETC over the weekend is scheduled to go into effect September 1. "Construction of such projects would lead to a greater amount of inefficient production capacity, deteriorate the environment and deplete resources," said an official with the trade commission, who declined to be named. The list is a step towards curbing redundant projects, accelerating industrial restructuring and guiding the direction of investment of industrial and commercial enterprises as well as financial organizations, he said. "More important, it will help build up a sound environment for money-losing large and medium-sized State enterprises to target the turnaround of the enterprises in three years," he added. Although China's economy experienced dramatic development in the past 20 years, the duplicated projects have caused excessive production. Jiang Feng, deputy secretary-general of the China Household Electrical Appliances Association, said the new policies are likely to revitalize the industry's development. According to sources from the association, since 1990, the business of household electrical appliances has become a buyer's market due to oversupply. For example, lured by great market potential, enterprises rushed to produce VCD players since its birth in 1993. There are now over 500 VCD manufacturers capable of producingt more than 10 million products a year, association sources say. However, the annual sales volume of VCD players has been less than 10 million units, according to the Ministry of Information Industry. A clutter of VCDs has resulted in malicious competition and drastic price-slashing in order to survive. "The curbing of redundancy is likely to make competition behave in a more rational way among domestic companies and between domestic and overseas companies," Jiang said. She urged domestic companies to seize current opportunities to better adjust developing strategies by turning to science and technology.

To: John Rieman who wrote (44129)	8/25/1999 6:44:00 PM
From: DiViT	Read Replies (1) \| Respond to of 50808

The movie sound track on one side and the Movie on the other... Sonopress unveils innovative DVDplus combined CD/ DVD system 08/25/1999 TELECOMWORLDWIRE Copyright 1999 M2 Communications, Ltd. All Rights Reserved. Multimedia manufacturer Sonopress has introduced a new disc format that it says combines the best of both DVD and CD. The format, which is called DVDplus, has a normal CD, either audio or ROM, on one side of the disc, while the other side has a DVD 5. With the dual function, for instance a concert could be stored as a video recording on the DVD side, while the same concert would be available as an audio recording on the other side. Sonopress believes that the new DVDplus format will both benefit the music industry and open up new markets for DVD technology.