The Tech Herald

Sony expects Blu-ray to hold 50% market share in 2008

by Stevie Smith - Apr 9 2008, 17:21

Sony looking for market surge following Blu-ray victory. Credit: Sony.

Now that Toshiba’s HD DVD format is dead and the protracted high definition war is well and truly over, Sony Corp. is envisioning big things over short distances for its newly crowned Blu-ray industry standard.

Specifically, while speaking at a recent press conference in Taipei, Sony president and Electronics CEO Ryoji Chubachi outlined the company’s hopes for the Blu-ray platform regarding short term market positioning.

According to the forward-looking Sony executive, the Japanese consumer electronics giant plans to integrate Blu-ray devices into a wide range of its product lines while pushing more appealing price points to help increase the company’s current share of the video disc market.

Blu-ray Disc technology presently holds around 20 percent of the market while the remaining 80 percent is attributed to conventional DVD. Sony claims that its Blu-ray product expansion will see that share rise to the 50 percent marker by the close of 2008.

In order to further the reach of Blu-ray in its attempts to draw DVD owners toward the bright light of HD, Sony has said that its reliance on existing Blu-ray players and, in particular, the PlayStation 3 videogames console for promotional exposure will now be extended to include IT devices too.

Sony has also indicated that it intends to offer new Blu-ray devices including a high-definition LCD television that comes complete with Blu-ray recording capabilities.

Around the Web

Comment on this Story

comments powered by Disqus

From Autosaur.com

300 Miles From One Gallon And No, That’s Not A Typo

Imagine you’re in a bar and a guy walks up and asks if you’d be interested in buying a car t...

2015 Nissan Pathfinder Prices and Specs

Nissan has announced pricing and specs for the 2015 Nissan Pathfinder. The SUV, which is on ...

Miami ePrix Circuit Revealed

The FIA Formula E Championship has revealed the layout for the Miami ePrix circuit. Formula ...

Two DeLoreans And A Replica Jaguar C Type On Scottish Classic Car Run

The Kirkintilloch & District Classic Vehicle Club’s annual run to Glencoe in Scotland is...

NBA All-Star LeBron James Teams with Kia

NBA All-Star LeBron James has signed a deal with Kia to be the company’s first luxury ambass...