Samsung Electronics recently launched its fourth-generation Blu-ray Disc player, the BD-P1500, in the Korean market. At the press event, Jun Dong-soo, the chief of Samsung’s AV business, stated that the global Blu-ray player market will grow at least 80% each year through 2012. Dong-soo also forecast that his company's Blu-ray product sales will exceed $1 billion by 2010.
Jun Dong-soo, chief of Samsung's digital audio-video business, said Monday that he expects the global market to grow at least 80 percent each year through 2012, with worldwide annual sales of 51 million players by that time.

Jun added that 5 million Blu-ray products were likely to sold this year, or three times more than last year, though he also characterized such an estimate as conservative.

"Our own Blu-ray product sales should increase to 400 billion won ($402 million) this year and surpass 1 trillion won ($1 billion) by 2010," he said in a press release, referring to Samsung's lineup.
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