China makes 90 percent of the DVD machines sold worldwide now, and the country produced 92 million players and recorders last year - an 8 percent increase from 2003, the media firm Gobal Sources said Friday in a new industry report.
The company said Taiwanese firms are the leading makers of DVD recorders, producing more than 3 million of the machines last year. But most of the Taiwanese firms manufacture in China, the report said.
"Mainland China's DVD player industry produces nine out of 10 DVD players sold worldwide today," said the report's publisher, Mark Saunderson. "Due to competition and falling prices, the industry has shrunk to approximately 150 makers from more than 400 makers a year ago."
Global Sources operates an online business-to-business market for import and export traders.
Story source:
forbes.com
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