Saturday, November 28, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
NSA's Phone Surveillance Program Changes
Lenovo and Razer Partner to Make Gaming PCs
LG Display Makes Huge Investment in OLED Panels
Sony To Bring Remote Play Feature To PS4
MINIX NEO U1 Media Hub for Android Coming Next Week
Samsung Joins Audi’s Progressive SemiConductor Program
German ISPs May Block Music-sharing Sites: court
Study Says HTTPS Certificate and SSH Key Reuse Endangers Millions of Devices Worldwide
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > Optical Storage > Ricoh q...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, November 01, 2004
Ricoh quits ODD business, MET Technology to feel the impact

According to DigiTimes, MET Technology, the Taiwan sales agent for Ricoh, is expected to be seriously impacted by the Japan-based company?s decision to discontinue its ODD business.

According to Bloomberg?s Japanese-language website,, Ricoh has decided to terminate its ODD business operation due to continued losses. Ricoh?s decision will seriously impact MET?s business since the sale of Ricoh ODDs and pick-up heads accounts for 60% of its total revenues.

To minimize the negative effects on its operation, MET has obtained consent from Ricoh to take over Ricoh?s ODD business, including its R&D resources and commercial rights, MET president Jimmy Chu stated. Chu indicated this is a good opportunity for MET to build up its ODD business.

With a pre-tax loss of NT$56 million in the third quarter, MET?s pre-tax losses total NT$128 million for the January-September period, exceeding its projected pre-tax loss of NT$72.1 million for this year.

MET is likely to make a downward adjustment to its 2004 financial forecast, the Taiwan ODD makers indicated.

China market: Price cuts unable to push EVD-player sales        All News        2 London DVD Pirates Banged Up
MediaMax Version 5.0 Expands Business Opportunities Beyond the Protection of Audio CDs     Optical Storage News      2 London DVD Pirates Banged Up

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
Ricoh Unveils Upgraded THETA S Spherical Camera
New Ricoh GR II Compact Camera Supports Wi-Fi and NFC
New RICOH THETA Camera Captures 360-degree Images and Videos
Ricoh Releases 51.4-Mpixel Pentax 645Z SLR Camera
Ricoh Announces Portable Video Conferencing Room System
Ricoh Buys PENTAX Imaging Systems
Ricoh Improves Brigthness And Colors Of Electronic Paper Displays
Ricoh Enters Unified Communication System Business
Ricoh and Microsoft Partner in Cloud Business
New iPhone app Released by Ricoh
Ricoh Joins the Linux Foundation

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .