InvestorsHub Logo
Replies to #47 on ON2 fka ONT
icon url

cksla

02/24/04 3:51 PM

#48 RE: cksla #47

Blu-Ray group investigation


A "preliminary inquiry" into the activities of the Blu-ray group, founded by Sony Corp, Matsushita Electric Industrial, Philips Electronics NV and seven other major electronics companies, has been launched by the US Justice Department.


It "comes as companies are competing to establish a new DVD format for playing movies in high-definition video, which requires far more storage space than the standard movies on today's discs," says Reuters here, quoting the Wall Street Journal.


Someone person "close to the DVD Forum", an official standards-setting body for DVDs that includes hardware and software companies, said the DoJ is wondering whether or nor the group's members "potentially acted to impede the forum's technical progress," according to the report.


China, in the meanwhile, says it plans to replace DVDs with a "home-developed" next-generation disc format called EVD (enhanced versatile disc)which could challenge the 'Blue Ray' a next-generation disc technology being jointly developed by global electronics companies such as Sony, et al.

(Monday 26th January 2004)