Thursday, August 28, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung, LG Introduce New Smartwatches
Sharp, Pioneer Dissolve Their Capital Alliance
Nero 2015 is Coming At IFA
LaCie Ships the 48 TB Thunderbolt 2 Storage Solution
ALCATEL ONETOUCH Launches New Affordable Smartphones
ZOTAC Debuts the ZBOX PI320 pico
Dropbox Now Offers 1TB Pro plan for 10 Dollars
HTC Reveals Entry-level Desire 510 Powered By a 64-bit Processor
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 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, bloomberg.co.jp, 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.


Previous
Next
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 Releases 51.4-Mpixel Pentax 645Z SLR Camera
Ricoh Establishes PENTAX RICOH IMAGING COMPANY
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
IBM and Ricoh Deliver New Print Monitoring and Management System
New Ricoh CX3 Comes With Back-illuminated Sensor
Software-Only Digital Picture Frame Released by Ricoh

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .