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Article: CHINA'S DVD PLAYER MARKET IN FULL BLOOM.
- Article from:
- AsiaPulse News
- Article date:
- March 15, 2000
CopyrightCOPYRIGHT 2000 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, March 15 Asia Pulse - China's Digital Versatile Disk (DVD) player market suddenly surged forward at the end of the 20th century.
On December 15, 1999, the DVD player alliance formed by China's noted DVD player enterprises including Shinco, Idall, Panda and Shanghai Guangdian announced a "new sunlight action" to reduce DVD player prices from 2,000 yuan/set (US$241) to 1,680 yuan/set. The Dongding Company followed suit, and another enterprise, Kebigao Electric Company, in Shenzhen cut its DVD player prices even lower to 1,598 yuan/set. Experts agree that the present DVD player prices are acceptable and predict that the DVD player market will be in ...