Funai coming out with low-priced Blu-ray player next year

[Gil T Pleasure]

Apologies if someone already posted this news:

Funai coming out with Blu-ray player next year, should increase low-end competition.

The company, which is known for its low-cost consumer electronics products, plans to have a Blu-ray Disc player available before the end of 2007, said Naoyuki Takanaka, a spokesman for the company.

The product won't be sold under the Funai name but offered to other consumer electronics companies on an OEM (original equipment manufacturer) basis for resale under their respective brand names.

Takanaka wouldn't disclose Funai's target price for the player but a report in Friday morning's Nikkan Kogyo Shimbun industrial daily said it will cost around US$500, or about ¥60,000.

Source: http://www.pcworld.com/article/12910...l?tk=nl_dnxnws