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===Worldwide trends=== VCD's growth had slowed in areas that could afford [[DVD-Video]], which offered most of the same advantages, as well as better picture quality<ref>{{cite news| title = Low DVD Prices to Drive up Sales | date=September 5, 2001 | publisher = [[People's Daily]] | url = http://english.peopledaily.com.cn/english/200109/05/eng20010905_79358.html | access-date = 2008-02-12 }}</ref> (higher resolution with fewer digital compression artifacts) due to its larger storage capacity. However, VCD had simultaneously seen significant growth in emerging economies such as [[India]], [[Indonesia]] and most countries in [[Africa]] and [[South America]] as a low-cost alternative to DVD. As of 2004, the worldwide popularity of VCD was increasing.<ref>{{cite web| title = ESS Technology, Inc. 2003 Annual Report |date=2004 |publisher=[[ESS Technology]] |url=http://www.esstech.com/IR/Archive_PDF/03bus.pdf |page=3 |archive-url = https://web.archive.org/web/20060314054929/http://www.esstech.com/IR/Archive_PDF/03bus.pdf |archive-date=2006-03-14 }}</ref><ref>{{cite news |title=ESS product to vie with VCD players |date=August 10, 2004 |publisher=[[People's Daily]] |url=http://english.peopledaily.com.cn/200408/10/eng20040810_152444.html |access-date=2008-04-01 }}</ref>
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