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 (24512)	10/27/1997 9:52:00 PM
From: BillyG	Read Replies (1) \| Respond to of 50808

As long as the indices can't go negative. . . Here's another release on the Toshiba/Chinese DVD connection........................ Toshiba eyes Chinese tie-up on DVD players October 27, 1997 TOKYO, Oct. 24 (Kyodo) _ Toshiba Corp., a leading Japanese electronics maker, is considering a linkup with China's largest home electronics company on digital videodisk (DVD) players and other consumer electronics products, a Toshiba official said Friday. Toshiba and Sichuan Changhong Electronics Group Corp., based in Mianyang in Sichuan Province, reached a basic agreement on comprehensive collaboration in August, Toshiba spokesman Makoto Ueda said. The two companies are discussing specific forms of cooperation but have yet to agree on concrete steps, Ueda said. He said the agreement requires top executives of the companies to meet regularly to decide specific plans, with an aim of expanding business between the two and exploring new areas of cooperation. Toshiba currently supplies color television components to Sichuan Changhong, the spokesman said. The two companies are exploring possible cooperation over DVD players, audiovisual equipment, washing machines, and refrigerators, among other options, he said. Toshiba could transfer DVD technology and commission production and sales of DVD players in China to Sichuan Changhong, according to Ueda. Toshiba is said to be planning sales of DVD players in China within a year or so, though a specific date is not set. It started selling DVD players in Southeast Asia in summer after releasing them in Japan in November last year. [Copyright 1997, Kyodo News International]