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To: Ausdauer who wrote (10870)5/9/2000 6:45:00 AM
From: orkrious  Read Replies (2) | Respond to of 60323
 
Matsushita to offer SD Memory products from June

biz.yahoo.com

TOKYO, May 9 (Reuters) - Matsushita Electric Industrial Co Ltd , the Japanese electronics giant, said on Tuesday it will start selling SD Memory Card-based products in Japan from June to cash in on the Internet music boom.

The memory cards will be used in mini music players which can download and play music from the Internet, following the growing popularity of the medium due to the start-up of web site-based music distributors and in response to a similar device launched by rival Sony Corp last year.

Matsushita will launch the Panasonic SV-SD70 and SV-SD01 audio players on June 30 and July 10, producing 3,000 of each per month, before putting them on sale in Europe and the United States in July or August, a company spokesman said.

It will also introduce SD Memory Card-compatible desktop personal computers and e-mail terminals in July or August.

Matsushita will start selling 64 megabyte (MB) and 32 MB SD Memory Cards on June 30, producing up to 100,000 of each a month, and plans to launch 256 MB cards in the year starting April 2001, the spokesman said.

The SD Memory Card was developed by Matsushita, California-based SanDisk Corp (NasdaqNM:SNDK - news) and Toshiba Corp under an accord between the firms announced in August last year.

The SD is a postage stamp-sized flash memory card with built-in copy protection, a high-speed read-write rate, a large capacity to accomodate various types of media from audio visual content to other kinds of data, the company said.

Seventy to 90 companies including Hewlett Packard, Eastman Kodak, Motorola and Compaq are expected to introduce products compatible with SD Memory Cards, a Matsushita spokesman said.

Matsushita's shares closed at 2,960 yen on Tuesday, down 10 yen or 0.34 percent.

Sony Corp launched its Memory Stick -- a chewing gum-sized memory card -- in February 1999. It launched its Memory Stick version of the portable Walkman music player last December