Friday, December 19, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
T-Mobile to Pay $90 Million To Settle Case With FCC
New Trojan Targetted Banks Wordlwide
FBI Confirms North Korea Was Behind Sony Hack
Apple Responds To BBC's Allegations Over Working Conditions In Chinese Factory
BlackBerry Returns To Cash Flow
Comparison: Quantum Dot Vs. OLED Displays
Toshiba and SK Hynix Reach Settlement in Lawsuit Ahead Of CES
Google Concerned About MPAA's Actions To Revive SOPA
Active Discussions
Digital Audio Extraction and Plextools
Will there be any trade in scheme for the coming PSP Go?
Hello, Glad to be Aboard!!!
Best optical drive for ripping CD's? My LG 4163B is mediocre.
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
 Home > News > Optical Storage > Ritek G...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, March 20, 2001
Ritek Global Media Forms Contracting Relationship With Panasonic For DVD-ROM


Ritek Global Media, a subsidiary of Ritek Corp. Ritek and Panasonic Disc Services Corp. (PDSC), a subsidiary of Matsushita Electric Industrial Co. Ltd., has come to a basic agreement to enter into a supply agreement under which Ritek Global Media's Taiwan-based U-Tech facility will provide DVD mastering, replication, packaging, shipping and distribution services to PDSC for certain Pacific Rim countries.

The DVD business continues its explosive growth. Cambridge and Associates forecasts worldwide DVD replication in 2001 to total 1,049,000,000 units -- a 99% increase over 2000. Hollywood studios continue to dominate the worldwide market for replication with a 2001 forecast of 905 million units. The 2001 forecast for DVD-Audio is 40 million and DVD-ROM is 104 million.

Richard Marquardt, Jr., CEO of Ritek Global Media said, ``We could not be more delighted to have PDSC using our services. Upon completion of our new plants in California, Ritek with over 100 state-of-the-art replication lines will have the world's largest DVD manufacturing capacity.''

Ritek Global Media is a subsidiary of Taiwan-based Ritek Corp. (Ritek.com.tw). Ritek was selected in October 2000 by Forbes magazine as one of the world's 300 best small companies.

Ritek's California-based operations consist of two facilities (40,000 and 60,000 square feet) and 25 DVD lines. Located less than an hour from Los Angeles, a third plant (80,000 square feet) will be completed this spring and a fourth plant spanning 220,000 square feet this fall, resulting in more than 50 DVD lines.

Ritek recently changed the names of its subsidiaries around the world: Sydney, Australia (Ritek Australia); Germany (where it was known as Primedisc Technologies); Belfast, Northern Ireland (Multimedia Infotech); and Hsin Chu, Taiwan -- now known as Ritek Global Media.

Ritek supplies the world with every optical media configuration, including CD, CD-ROM, CD-R, CD-RW, DVD-Video, DVD-ROM, DVD-Audio, DVD-R, DVD-RAM, MD, MO, as well as new configurations. The company markets flash memory, EL lamps, LCD, ITO, OLED and optical fiber. In 2000 Ritek's production exceeded 100 million pieces per month, and will be more than 150 million pieces by 2001.


Previous
Next
MGI Unveils Groundbreaking Initiatives with MGI.TV Using Microsoft TV Technologies in Windows XP        All News        Microsoft's .NET Strategy Emerges From 'HailStorm'
MGI Unveils Groundbreaking Initiatives with MGI.TV Using Microsoft TV Technologies in Windows XP     Optical Storage News      Microsoft's .NET Strategy Emerges From 'HailStorm'

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

Related News
Panasonic Expands Toughbook H2 Battery Recall in The United States
Panasonic Raises Profit Outlook
Panasonic AX800 4K ULTRA HD TVs Update Adds Compatibility With Netflix 4K Streaming
Panasonic Introduces Rugged 7-inch Android Tablet
Panasonic to Start Licensing Unified IP Core for HD-PLC
Panasonic to Offload Sanyo's North America TV Business
Panasonic Develops 85-inch 4k Touch Screen, Showcases New HEVC LSI
Panasonic Commercializes Pin-Shaped Lithium Ion Battery For Wearables
Panasonic To Close DVD-player Factory In Slovakia
Panasonic and Leica Expand Partnership Agreement
Panasonic Reveals The Lumix DMC-LX100, Lumix DMC-GM5 Cameras And the DMC-CM1 Smartphone
Panasonic Showcases Optimized Workflow at IBC 2014

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 .