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Article: FOREIGN INVESTORS EYE CHINESE DIGITAL PRINT MARKET.
- Article from:
- AsiaPulse News
- Article date:
- February 18, 2005
CopyrightCOPYRIGHT 2005 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BEIJING, Feb 18 Asia Pulse - A digital print developing market with a scale worth as high as 10 billion yuan (US$1.2 billion) and even 100 billion yuan is emerging in China, and it has lured many foreign video giants to shift the competition focus to Chinese digital video field.
An incomplete statistical data provided by the authoritative institution shows that Chinese consumers now own seven million digital cameras. Calculated on the basis of that each camera produces 1,000 photos every year and 20% of them need to be printed, it means 1.4 billion digital photos are to be printed every year.
Lured by the burgeoning digital print developing business, many ...