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Pioneer to Launch World's First Recordable DVD Player
TOKYO (Reuters) - Pioneer Corp will launch the world's first recordable digital video disk (DVD) players and DVD discs in North America and Europe next year, the audio and video equipment maker said on Friday.

The new video machines allow recording of up to six hours and will be first sold in Japan from December 3 at a price of 250,000 yen ($2,399) each, a Pioneer spokesman said.

The company aims to sell 30,000 units in Japan by March 2000 and 150,000 to 200,000 in Japan in the year starting next April.

Pioneer has yet to set an overseas sales target or the exact date of its sales start-up, he said.

Blank recordable DVD-RW discs will cost 3,000 yen ($28.79) each, the spokesman said.

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