According to an article at DigiTimes, Ritek has signed an ODM contract with Hitachi Maxell for the exclusive production of DVD and CD-R discs.
Ritek, the second largest producer of optical discs in Taiwan, has signed an ODM contract with Japan-based Hitachi Maxell for the exclusive production of DVD and CD-R discs, with an annual order value estimated at NT$8.0 billion (US$244 million) and shipments to begin next quarter, according to the Chinese-language Economic Daily News (EDN).
The article also points out that Ritek will not need to pay royalty feesfor discs shipped under the Maxell brand, as Hitachi Maxell and Philips have a cross licensing agreement. If you'd like to read more, head on over to DigiTimes.
