Daily Stock Setups

Dolby Assisting Blu-ray Disc Product Development in China

Posted on: Wed, 25 Mar 2009 02:35:00 EDT

Symbols: DLB

Are you looking to increase your ETF knowledge?

Mar 24, 2009 (Close-Up Media via COMTEX) --
DLB | Quote | Chart | News | PowerRating -- Dolby Laboratories announced that it is enabling and supporting consumer electronics makers in China to develop Blu-ray Disc products.

Three digital entertainment companies in China, TCL Technoly Electronics, MIT Technology, and Lite-On IT, have agreed to license Dolby TrueHD, a lossless compression technology, and Dolby Digital Plus, which delivers up to 7.1 channels of surround sound for future Blu-ray Disc products.

The company said that studios and content creators have used Dolby TrueHD and Dolby Digital Plus to enhance the experience delivered from Blu-ray Discs.

"China is, strategically, a very important market for Dolby, and we are pleased to be working closely with key customers like TCL, MIT Technology, and Lite-On IT," said Mahesh Sundaram, Vice President, Asia Pacific, Dolby Laboratories. "We are committed to partnering with our customers in China to promote their products incorporating Dolby technology and to help them grow the industry by delivering the best high-definition experiences to consumers around the world."

"We are very excited to be one of the first companies in China to partner with Dolby and license Dolby's flagship technologies in Blu-ray Disc production," said Song Yonghong, Standing Deputy General Manager of TCL. "Dolby has partnered with us since 2000, and has not only provided cutting-edge technology, but also strong local engineering and testing support to help us develop the products."

"With Dolby's strong brand recognition and advanced technology, we are able to more easily touch the hearts of our customers worldwide with our products," said Minamikawa Hiroyuki, Managing Director, MIT Technology.

"We are proud to provide the best entertainment experience to consumers by using Dolby's technology," said Ted Mao, Manager of Product Strategy and Planning Division, Lite-On IT.

((Comments on this story may be sent to newsdesk@closeupmedia.com))

For full details on Dolby Laboratories Inc (DLB) DLB. Dolby Laboratories Inc (DLB) has Short Term PowerRatings at TradingMarkets. Details on Dolby Laboratories Inc (DLB) Short Term PowerRatings is available at This Link.

More News: Market Updates | Stock Alerts | All Trading News

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302

All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.