Steve May's entertainment technology joint

avzombie.com header image 2

Wal-Mart HD DVD deal not done yet

May 1st, 2007 · No Comments

The Chinese manufacturer at the centre of the recent Wal-Mart revelation says that the order from the US retailer hasn’t actually been placed yet, and has issued the following statement: ‘We are sorry to correct the statement that we have 2 million HD DVD players order from Wal-Mart and manufactured by China Great Wall Group. The actuality is that we had not received yet. We are asked to provide the schedule to Wal-Mart and cost to determine the quantity even more than 2 million, if the cost is good enough and timing is correct. So the capacity is under consideration. Any qualified manufactured base group will be welcome.
Wal-Mart itself has also issued a statement, carefully distancing itself from the original story: ‘Today we sell both and HD DVD in our stores nationwide. As with all new technologies, we are committed to providing the best value on products that customers choose as most relevant to them. With new industry developments, we will make shifts in our selections as customer preferences evolve and they vote with their purchase. We expect that as prices decrease and new elements are added in the coming months that consumers will choose which format will dominate, and that could happen by the end of this year.’

Tags: Corporate · HD DVD and Blu-ray · Trade

0 responses so far ↓

  • There are no comments yet...Kick things off by filling out the form below.

You must log in to post a comment.