Article Abstract:
Pioneer North America Inc on Jul 5, 2000 opened Pioneer Research Center USA Inc (PRA), its newest research and development unit located in San Jose, CA. Headed by Pres and CEO Takashi Sakakibara, the R&D office will develop digital technologies for the audio-video market in the country. In addition, PRA will allow Pioneer to work on the latest developments in digital network standards-setting and related components. Initially, the center will focus on developing software that is compatible with digital television and digital cable TV.
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Article Abstract:
The US consumer electronics market in 2001 is projected to increase 6% to $95.61 billion from the previous year. The Consumer Electronics Assn (CEA) predicted that sales of digital televisions and monitors will reach 1.13 million units. This is an 80% rise from 2000 and is expected to create a market of $2 billion. However, sales of DVD equipment are forecast to grow to only 52%. According to CEA, the size of the US market in 2002 will exceed $100 billion and will increase to $101.8 billion.
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Article Abstract:
The electronic industry expects the US audio-video market to continue to register growth, stimulated by the ongoing shift to digital technology, despite the slowdown in the country's economy. With annual demand at 30 million units, the US TV market is an important one to makers of consumer electronics. TV trends in the US include the spread of satellite digital broadcastig and terrestrial digital broadcasting.
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