On October 4, 2005, a government-affiliated research body in China
announced in Beijing that it will develop China's own DVD format to
break the foreign monopoly in DVD manufacturing.
Read the news in
http://english.people.com.cn/200510/04/eng20051004_212496.html
According to the news, the new Chinese DVD format is based on the
HD-DVD but incompatible with its systems. It is scheduled to put in
market before 2008. China produced about 70% or 80% of the world's DVD
players, but licensing fee accounts for 40% of a rough cost of each
player.
Read more about the previous failed attempt of Chinese own DVD format,
the so-called Enhanced Versatile Disc (EVD) technology, in
http://beta.news.com.com/2100-1041-5150373.html
