As we reported over the weekend, Plextor's parent company, Shinano
Kenshi Co., Ltd., is going through a corporate reorganization. Due to an incorrect translation of a Japanese article, there were many
concerns that Plextor would be getting out of the optical drive business. We've gotten word from Plextor LLC that this isn't the case
and that "business will continue as usual."
Plextor LLC, a leading developer and manufacturer of high-performance digital
media equipment, today reaffirmed its commitment to the optical disc drive business in North and South America. On January 19, 2007,
Shinano Kenshi Co., Ltd., the parent company of Plextor, announced plans to perform a corporate reorganization to streamline Plextor's
optical drive business to enhance operating efficiencies.
"This announcement by Shinano Kenshi will have no material affect on
the operations of Plextor LLC, as we already completed a corporate reorganization in North and South America last year. Our business will
continue as usual," said Toru Nakazawa, President of Plextor LLC, USA. "It is unfortunate that an incorrect translation of a Japanese
article, which contained some errors, has led to the rumor that Plextor is somehow quitting the optical disc drive business. This is
completely false. In fact, Plextor plans to continue to lead the market with innovative, exciting products that solve real world problems
for our consumer and business customers. We deeply appreciate the loyalty of our customers and valued business partners. And we look
forward to many years of future success."
Well, there you have it. The question still remains though as to whether or not
Plextor will continue to develop their own drives or utilize designs from other companies. As we find out more, we'll let you know. In
the mean time, Plextor's entire press release can be found here.
