Saturday, July 04, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
U.S. In Running out Of IP Addresses
Uber Suspends UberPOP in France
Casio To Enter The Smartwatch Market
GELID Has A new Low-profile CPU Cooler for Intel LGA115x
Sharp Plans to Release Transparent LCDs
ARCHOS Unveils the ARCHOS 50d Helium
July 29 Won't Be The Day You'll Get Your Windows 10 Upgrade
Windows 7 Remains The Leading Operating System
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 > CMC Mag...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, March 11, 2005
CMC Magnetics to add investment in China and Mexico


CMC Magnetics will add US$6.29 million to its investment in Fortune (Jiangsu) Multimedia, a China-based joint venture that produces blank optical discs according to DigiTimes...

and the company is also adding US$20 million to its investment in one of its subsidiaries, Vigobyte Tape Corporation, a maker of pre-recorded and blank optical discs in Mexico, according to the company. CMC invested US$10.5 million to establish Fortune (Jiangsu) Multimedia in August 2002 in order to produce blank CD-R/RW blank discs for the China market, as well as for export. The additional investment will be a conversion of CMC?s earnings from the joint venture into an incremental stake, CMC indicated.

The additional investment in Vigobyte will be through CMC's two overseas subsidiary holding firms, EMC Holding and F5 Holding. Vigobyte mainly produces movie DVD discs, CD-ROM discs and blank CD-R discs for the North American market.


Previous
Next
NVIDIA Expands GPU Technology Lead with the Introduction of Two New GeForce 6 Series GPUs        All News        DVD+RW Alliance anticipates DVD+R DL 8x products soon
DVD Market Continues to Grow as Recording Units Gain Share Reports In-Stat     Optical Storage News      DVD+RW Alliance anticipates DVD+R DL 8x products soon

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

Related News
Taiwanese Optical Disc Makers To Diversify Their Production
CMC Magnetics Showcases BDXL Discs At CES
CMC Magnetics Certified For 6x BD-R DL Manufacturing
CMC Magnetics to Hold Back Blu-ray Disc Production
Taiwanese Makers to Invest in Blank Blu-ray Disc Production
CMC Magnetics Signs Qflix Licensing Agreement With Sonic
CMC and Ciba to Settle Patent Infringement Law Suits
Matsushita and CMC Magnetics Settle Patent Infringement Claim
CMC Shows Blue Disc Technology at 2007 CES
Philips and CMC Conclude VEEZA Licensing Deal for CD-R Discs
CMC Shows Next Generation HD-DVD and Blu-ray Discs and at GITEX Dubai 2006
Eclipse Helps CMC Expand into High-Density Mastering

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 .