DigiTimes has reported that Ritek will be shifting some of
its CD-R and DVD+R/-R manufacturing equipment from its factories in Taiwan to its subsidiary in Vietnam. This new equipment is expected
to nearly double Ritek Vietnam's current output of 20 million CD-R and three million DVD+R/-R discs.
Ritek, the second
largest Taiwan-based maker of optical discs, will, in line with its overall adjustment in production, shift some of its blank CD-R and
DVD+R/-R disc manufacturing equipment from Taiwan-based factories to those of Ritek Vietnam, its subsidiary in Vietnam, according to a
company filing with the Taiwan Stock Exchange (TSE) on August 3.
The shift will be through Ritek's sale of manufacturing
equipment to its wholly owned overseas subsidiary Score High Group for US$34.560 million, the current book value of the equipment. Score
High will then resell the equipment to Ritek Vietnam, Ritek spokesman Eric Ai indicated.
The article also mentions that
CMC and Gigastorage have started manufacturing CD-R discs in Thailand. Both companies plan to begin production of DVD+R/-R discs in that
country later this year. If you'd like to read more, head on over to DigiTimes.
