Ever-chagrined by the obligation to pay royalties to overseas pat...
Ever-chagrined by the obligation to pay royalties to overseas patent-holders for low-margin digital products such as DVD, a consortium of govt.-backed Chinese consumer electronics companies said they've developed their own standard and patents for next-generation digital products aimed at…
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a huge and increasingly-affluent domestic population. The so called “Audio-Video Coding Standard” (AVS) could shave $300 million to $1 billion from the end- user cost Chinese consumers would absorb over the next 10 years from royalty-payments built into digital devices, China Daily reported. The announcement of AVS came Thurs. at the AVS Forum 2003 in Beijing. Gao Wen, head of the AVS standard working group supported by China’s Ministry of Information Industry, said: “With our own AVS standard, we will be able to develop China’s audio video standards without being controlled by foreign patent-holders.” Huang Tiejun, secy.- gen. of AVS Working Group, said they'll submit standard this year for ratification as national standard in 2004. First chip based on AVS standard will be available by year-end 2003, preparing groundwork for large-scale adoption in 2004.