Earlier this week, we reported that Prodisc had filed for corporate restructuring and would be shutting down its optical disc business. According a new report by DigiTimes, the company is currently in negotiations with lending banks so that it can continue production of optical discs.
Prodisc Technology asserted that it will continue producing optical discs following its request with a local court for corporate restructuring and emergency measures, according to company chairman Ming-fa Lin.If you'd like to read more, head on over to DigiTimes.
This is the clarification Lin made in response to a rumor that Prodisc will stop production of optical discs due to its financial difficulties.