According to an article at DigiTimes, Lite-On expects the global demand for DVD burners to hit 120 million this year.
Global demand for DVD burners, thanks to continued drops in prices, will rise to 120 million units this year, growing by 50% from 2005, according to general manager Michael Gong for the Optical Disc Drive Business Unit of Lite-On IT.
Part of the increased demand in 2006 is due to replacement of Combo drives (CD-RW plus DVD-ROM) with DVD burners because the price gap between the two have narrowed, Gong pointed out. Super Multi (triple standards) may supersede Dual modes as the mainstream type of DVD burners this year, Gong indicated.
DigiTimes has reported that CMC and Ritek are trying to raise funds so that they can buy manufacturing equipment for Blu-ray and HD-DVD discs.
CMC Magnetics and Ritek, the top two makers of optical discs in Taiwan, will each float unsecured ECBs (euro convertible bonds) worth US$200 million in order to procure manufacturing equipment for Blu-ray and/or HD-DVD discs, while also bolstering their finances, according to the two companies.
The article also mentions that Optodisc and Prodisc are trying to raise additional funds by offering new shares to target investors. If you'd like to read more, head on over to DigiTimes.
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