Saturday, January 31, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
AT&T, Verizon Among Winners Of US Airwaves Auction
Apple Closes the Gap on Samsung Fourth Quarter's Worldwide Smartphone Shipments
Verizon To Let USers Opt Out Supercookies
Microsoft Outlines Windows 10 Options For The Enterprise
Jolla Tablet Returns to Indiegogo With A 64GB Version
BT Sees Ultrafast Broadband Not Coming Earlier Than 2025
Google To Change Privacy Policy After UK's Watchdog Investigation
HDDs Shipments Increased In 2014
Active Discussions
Why Double Logins ?
retrieving burned cd information
Writing Audio files on DVDs ?
Need major help with Gigabeat
New match-3 puzzle game launch now!
Rimage 2000i
Sound card for my Laptop
hello
 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 LUMIX GF7 Camera Marries Selfie Functions with Classic Style
Panasonic Showcases 8K Display For B2B
Panasonic Showcases Next Generation Blu-ray Disc Player at CES 2015
Panasonic at CES 2015
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

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 .