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Demand for Blu-Ray discs set to surge in the UAE
DUBAI - Jacky's Electronics has predicted increased UAE demand for Blu-Ray discs after the recent HD-DVD format defeat in the battle for high-definition DVD technology supremacy.
Last month, Toshiba ceased production of its HD-DVD products after major studios and leading US retailers such as Warner Bros., Wal-Mart and Best Buy favoured Blu-Ray Discs as the standard for next-generation DVD formats. "With this latest development, a sales boost of the already popular Sony PlayStation 3 - a Blu-Ray device - is likely to happen in the UAE," said Ashish Panjabi, Chief Operating Officer, Jacky's Electronics.
"We are expecting a surge of sales in the coming months, especially now that most brands including Sony, Samsung and Panasonic, have indicated their intention of introducing new Blu-Ray players during the year. There will also be increased demand for high definition LCD and Plasma television along with a price drop in Blu-Ray products," added Panjabi.
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