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Article: Pioneer Shares DVD, DVD-RW, Plasma Plans.(Brief Article)
- Article from:
- TWICE
- Article date:
- December 18, 2000
- Author:
CopyrightCOPYRIGHT 2000 Reed Business Information, Inc. (US). 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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NEW YORK -- Pioneer raised its forecast for worldwide DVD sales in calendar 2000 to 17 million from its original 11 million forecast and said it expects a quick drop in DVD-RW hardware prices to less than $1,000 in early 2002 in the United States.
The projections were announced here at a press conference led by Pioneer Electronics president Kaneo Ito, Pioneer Electronics North America president Kaz Yamamoto and Pioneer New Media Technologies president Paul Dempsey.
Pioneer's revised DVD sales forecast shows an approximate 143 percent increase in worldwide DVD sales in 2000 from 1999's 7 million. In 2001, Pioneer expects sales to climb another 53 percent ...