Sony fields full DVD lineup catering to regional markets

Article Abstract:

Japan-based Sony Corp expects the worldwide market for digital video disc (DVD) players to reach 7.55 milion units in FY 1999, or more than triple the level achieved in FY 1998. It attributes this sharp increase in demand to the introduction of video software by US film companies and declining product prices. Market growth for DVD players is also expected in Europe and China. As a result, the company has expanded its lineup to include basic models, high-end and middle-class products as well as portable models.

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Matsushita expands capacity to keep pace with DVD demand

Article Abstract:

Japan-based Matsushita Electric Industrial Co Ltd has revised sales forecasts for its digital video disc players in the US market from 2 million units to 3 million units in FY 1999 because the demand for these products has accelerated at a pace not anticipated by the company. Other markets have also exhibited signs of vigorous growth in this category, and Matsushita Electric industrial also expects demand in Europe and Japan to doube in FY 1999.

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