That's awesome!!!
Meanwhile, Philips and Sony were completely bewildered, as they were the creators of the CD.
How come Wujiang Group has surpassed us by such a large margin again...?
Philips was now filled with regret.
When it was sold a CD patent license to Wujiang Group in one go, it never expected that Wujiang Group's application and development of CDs would reach this level.
Philips felt that it was doing all the work for Wujiang Group.
In CD-ROM drives, VCDs, and other products, Wujiang Group has far surpassed Philips and Sony.
Nowadays, if they want to enter the VCD industry, they actually have to pay patent fees to Wujiang Group!
At the press conference, everyone was very excited, and many people exclaimed that Wujiang Group had indeed developed another amazing new invention!
Although video recorders already existed on the market, the VCD was indeed a remarkable invention.
At this moment, Lou Hongfei gestured for everyone to be quiet, and then said, "Many people are probably wondering why Wujiang Group would develop a similar product when there are already VCRs on the market? What are the advantages and disadvantages of VCDs compared to VCRs? Hehe, don't worry, I will explain everything to you!"
"Currently, most video recorders on the market use the VHS format, which has an image resolution of only 200-250 lines, while VCDs have an image resolution of around 240 lines. In other words, the image quality of video recorders and VCD players is roughly the same."
"Given similar picture quality, what advantages does a VCD disc have over a videotape?"
Lou Hongfei paused slightly and then explained, "First, CDs have a large storage capacity; second, CDs have a long shelf life, are not easily damaged, and are easy to store; and finally, they are inexpensive."
“For consumers, price should be the primary consideration, so consumers should prefer VCDs.”
"As for VHS videotapes? They are more prone to mold and damage, require higher storage conditions, have a shorter lifespan, are more prone to malfunctions, have relatively smaller storage capacity, and are relatively more expensive..."
Lou Hongfei smiled and said, "Of course, VHS videotapes also have advantages, namely that they appeared early and currently have a large market share..."
Good heavens! After listening to Lou Hongfei's words, everyone couldn't help but think to themselves, "He's just talking about the advantages of VCDs and the disadvantages of videotapes. I wonder if JVC, the company that invented the VHS recorder, is watching this press conference. If they are, will their faces turn ashen?"
On the contrary, Sony was somewhat gloating. In the competition between Sony Betamax VCRs and JVC's VHS VCRs, Sony Betamax had been completely defeated and suffered heavy losses. Therefore, Sony actually hoped to see JVC suffer a setback.
"The 'Boundless VCD' will be launched first in China. Now, let's talk about its price."
"The price of each 'Boundless VCD' player is a unified national retail price of 4999 yuan!"
"The nationwide unified retail price for VCD audio-visual discs is 15 yuan. If you rent one, it only costs 0.5 yuan per disc per day, but a deposit of 15 yuan is required!"
"In addition, Wujiang Group has established a large number of 'Wujiang VCD Video Hall' chain stores across the country. People don't need to buy a VCD player; they can go directly to the video hall to watch movies. The price is also very cheap; watching a movie only costs 50 cents!"
The domestic economy is developing faster than in the previous life, and people's incomes are getting higher and higher.
The average monthly income of ordinary workers has exceeded 400 yuan.
In China, where entertainment options are currently limited, going to video arcades to watch movies will become one of the most common forms of entertainment for the general public.
Actually, at that time, there were already video parlors in China, which were brought from Hong Kong and played VHS videotapes.
Wujiang Group simply expanded and popularized it.
A dozen minutes later, the press conference ended, and the reporters hurried home to write their news reports.
The following morning, major newspapers featured the "Boundless VCD" DVD player on their front pages.
At the same time, the advertising short film featuring "Boundless VCD" was also officially broadcast on CCTV.
The advertisement is simple: during a break after filming, Lin Daiyu, Jia Baoyu, Xue Baochai, and Wang Xifeng come into a room, bring out a "Boundless VCD" DVD player, and start playing a video. The short film has already demonstrated how to use "Boundless VCD" to the audience so that they don't not understand what a VCD is.
By the time the television displays a video, the commercials are almost over.
At this moment, a line of large text appeared on the advertisement screen, along with a voiceover: "Boundless VCD, enjoy watching blockbusters with happiness!"
After watching this advertisement, surely no one will be unaware of what a VCD is used for.
This day also marked the premiere of "Dream of the Red Chamber." When the TV series aired, it was a sensation, drawing massive crowds and its influence was no less than that of "Journey to the West."
The actors in "Dream of the Red Chamber" became overnight sensations.
In the days that followed, these actors became incredibly famous.
The "Boundless VCD" they endorse has naturally attracted a lot of attention from fans.
The area outside the Wujiang flagship store is packed with people; more and more people are coming here to join the fun and see what's new. The Wujiang flagship store has also set aside a special display area to introduce VCDs to the public.
Although many people cannot afford the "Boundless VCD", there are also many wealthy people, so there will always be someone willing to buy it.
My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!
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