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Chinese firms seek to replace DVDs with home-grown technology

ali ahmad

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Chinese firms seek to replace DVDs with home-grown technology

"Nineteen out of our 21 member manufacturers will be producing EVD players with compatible function only by 2008," Zhang Baoquan, the secretary-general of the EVD (Enhanced Versatile Disc) Industry Alliance told AFP.

In the past, only one major DVD producer was making EVD players and only around 700,000 units were sold last year, Zhang said.
This accounts for less than one thirtieth of the annual sales of DVD players according to iSuppli Corp, a market research company specializing in the electronic manufacturing industry.


http://news.yahoo.com/s/afp/20061129/tc_afp/chinatradetechnologydvd
 
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