Chinese Research Body to Develop Own DVD to Stop Foreign Monopoly
Posted on: Tuesday, 4 October 2005, 09:00 CDT
Text of report in English by official Chinese news agency Xinhua (New China News Agency)
Beijing, 4 October: A government-affiliated research body announced here Tuesday [4 October] that it will develop China's own DVD format in order to break monopoly of foreign companies in DVD manufacturing.
Lu Da, deputy director of the National Disc Engineering Centre, said that the new Chinese DVD format will be based on the prevailing format of HD-DVD but incompatible with the HD-DVD systems.
The Chinese format will produce higher definition, better sound and safer way for copyright protection, Lu said.
"With such format and related standards," Lu said, "We could have our own voice in the DVD industry."
The new Chinese DVD format is scheduled to put into market before 2008.
China produced about 70 per cent to 80 per cent of the world's DVD players. However, Chinese manufacturers need to pay licensing fee to overseas patent holders in the DVD industry.
The licensing fee accounts for 40 per cent of the rough cost of each DVD player, Lu said.
Source: BBC Monitoring Asia Pacific
Related Articles
- Armanino Foods Declares Regular and Special Dividends Totaling 3.75 Cents Per Share
- Westlake Chemical Declares Increased Quarterly Dividend of 4 Cents Per Share
- ITunes Songs to Stay 99 Cents Per Download
- NHC to Pay 15 Cents Per Share Dividend
- Pakistan's Energy Needs Increasing By 10-12 Per Cent Per Annum - PM
- Westlake Chemical Declares Quarterly Dividend of 2.75 Cents Per Share
- PTT, Shell Cut Fuel Prices By 1 U.S. Cent Per Liter
- CellularLD.Com Now Providing 5 Cents Per Minute International Long Distance From U.S. Cell Phones to Major International Cities Worldwide
- Westlake Chemical Increases Quarterly Dividend to 2.75 Cents Per Share
- Verizon Communications Raises Quarterly Dividend 5.2 Percent to 40.5 Cents Per Share
 |
 |
User Comments (0)
RSS Feeds