DigiTimes is reporting that CMC Magnetics will be raising the OEM price of blank CD-R and DVD+R/-R discs by 10% in August. The company also plans to raise the price again in the fourth quarter of 2008 in an attempt to improve the profitability of optical disc production.
With CMC raising their prices, you can expect other Taiwanese manufacturers to do the same. If you'd like to read more, head on over to DigiTimes.CMC Magnetics, who plans to adjust its OEM quotes for blank CD-R and DVD+R/-R discs up by 10% on average in August according to a previous report, plans to further hike OEM prices in the fourth quarter of 2008 in an attempt to significantly improve the profitability of optical disc production, according to company chairman Robert Wong.
The upward adjustment of OEM quotes in August will barely offset recent increases in production costs making it necessary to raise prices again in the fourth quarter, Wong emphasized. This is because OEM quotes have continually fallen for the past two to three years due to price-cut competition from small makers in Taiwan and China, Wong pointed out.
