Petteri Pyyny
17 Sep 2002 9:15
According to Philips, several Chinese DVD player manufacturers have agreed to pay licensing fees for DVD technology that they've previously refused to do.
Based on the press release, Sony and Philips, the main patent holders, also had to bow a little bit in order to get the manufacturers to agree on their rules. All DVD players that are manufactured and sold inside China and exempted from licensing fees until end of this year. Also all manufacturers who join now, can also apply to a "DVD Player Compliance Reward Program" that reduces the licensing fees from $5.00 per player to $3.50 per player.
Source: Philips