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

To: John Rieman who wrote (36823)	10/21/1998 12:46:00 PM
From: DiViT	Respond to of 50808

DVD TO AFFECT CHINAS VCD MARKET 04/14/98 Xinhua News Agency - CEIS (Copyright 1998) BEIJING (CEIS) -- A SURVEY MADE BY THE MINISTRY OF INTERNAL TRADE SHOWS THAT OVER 70 PERCENT OF THE CONSUMERS HOPE TO UPGRADE THEIR VCD TO DVD. THE SALES OF VCD PLAYERS IN CHINA ARE EXPECTED TO REACH 11 MILLION THIS YEAR, UP 29 PERCENT OVER 1997. AT PRESENT THE VCD MARKET IS DOMINATED BY A FEW LARGE PRODUCERS. THE PRICES OF VCD ARE ALSO FALLING. DOMESTIC AND FOREIGN ENTERPRISES ARE DEVELOPING DVD AND ARE TRYING TO REDUCE PRODUCTION COST. THIS WILL INCREASE THE COMPETITION ON VCD AND DVD MARKET. Sorry about the caps...