Friday, October 7, 2005
China to Develop Its Own DVD Format
Posted by Jeremy Charette in "NEWS" @ 09:00 AM
"For the second time in two years, China has announced plans to develop its own next-generation DVD standard to break the monopoly of foreign companies and avoid paying heavy licensing fees. If successful, the move could add a new wrinkle to the battle between HD DVD and the competing Blu-ray Disc formats over which will become the dominant new DVD standard. The official Xinhua News Agency said the new standard will be based on but incompatible with HD DVD, which is being promoted by Toshiba Corp. and Universal Studios, as well as Intel Corp. and Microsoft Corp., the leading suppliers of chips and software for most of the world's personal computers."
Now that china has become established in the global marketplace, they want a bigger piece of the pie, and more respect for their own IP. I doubt this move will have any serious impact on the two-horse HD DVD race, as China has yet to make inroads with their EVD disc format. They have been successful with producing hardware in the past decade, but they just don't have the experience or the business relationships to gain support for a third format.
Now that china has become established in the global marketplace, they want a bigger piece of the pie, and more respect for their own IP. I doubt this move will have any serious impact on the two-horse HD DVD race, as China has yet to make inroads with their EVD disc format. They have been successful with producing hardware in the past decade, but they just don't have the experience or the business relationships to gain support for a third format.
