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Funai Confirms Blu-ray Support


Posted May 21, 2007 10:42 AM by Josh Dreuth

Blu-ray Disc

Low cost electronics manufacturer Funai (who make components for such low costs brands as Sylvania, Emerson, and Magnavox), has revealed in their latest financial report that they plan to launch a Blu-ray player. With 52% of the DVD player/recorder market in the US, it is very likely that a low cost Blu-ray player would be widely adopted, similar to the success Funai continues to have in the DVD market.

No specific player has been announced, nor any time frame, or manufacturer partnerships, but the inclusion of the bullet in their annual financial report alerts stockholders of their intention to move into the Blu-ray market. As a favorite manufacturer of Walmart (who awarded them a Billion Dollar Supplier Prize in 2006), these low cost players would most likely see wide distribution through the retail giant.

Hopefully, additional information about Funai's plans will be revealed soon.



Source: Blu-ray.com | Permalink Relevant for: United States

Comments


Dave
 » May 21, 2007

Vote plusVote minus

Great news!
Another cheap player for the Blu-ray format (along with the range of the expensive players from Samsung, Sony, Panasonic, Pioneer and the wide catalog of PC drives) will definitely be a good thing.

Blu-ray for the win!

frenchglen
 » May 21, 2007

Vote plusVote minus

Excellent Excellent Excellent

Hope it comes sooner than later to battle all those cheaper HD-DUD players

Lol maybe this is what funai meant with that funny rumour earlier, and what Walmart is looking for. Hd-Duddies will be crying.

thegline
 » May 23, 2007

Vote plusVote minus

Will this also mean cheaper PC drives as well?


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