Friday, October 24, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Internet Explorer 11 Toolkit Allows Enterprise Admins "Spy" On Their Employees
FCC Says Airwave Auction To Delay Until 2016
HP Broadens Moonshot Portfolio With Intel-powered Models
Microsoft To Keep Nokia Brand For Low-end Smartphones
LG Introduces Its First Octa-Core Application Processor
Cloud and Surface 3 Drive Microsoft's Revenue
Micron Urges Investors To Reject TRC Capital's Unsolicited Tender Offer
Facebook Returns To Chat Roots With Rooms App
Active Discussions
Copied dvd's say blank in computer only
How to generate lots of different CDs quickly
Yamaha CRW-F1UX
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
 Home > News > Optical Storage > CMC Mag...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, February 17, 2006
CMC Magnetics and Prodisc Form Strategic Alliance


CMC Magnetics Corporation announced last week that it bought the Prodisc?s common shares for total amount of NT$500 million, NT$3.95 per share.

Helping to steer toward positive direction for the industry, CMC stated that the company will maintain its continuously efforts and hopes this strategic alliance can bring stability to the industry. Both companies recognize the consolidation will surely benefit the industry development in the future.

As a result of the intense competition in the storage media business, all manufacturers are forced to weather the downturn. In order to enhance competitiveness and profitability, CMC focuses in the economic of scale, the global production facility layouts, the cost control, and the development on the new products with high margins. The company aims from the long-term core business development to derive significant profit contribution. The company also stated that it would like to cooperate with Prodisc to further integrate the core competencies of the both companies. The strategic alliance will initially base on a specialized labour division and joint purchase to consolidate the industry and to enhance the competitive advantages.

With the DVD market still growing at a rapid pace, this new strategic alliance by CMC and Prodisc can certainly construct a more advantageous management environment.

"This cooperation can achieve production cost reduction and product margin improvement, significantly taking the competition advantages of being the largest global storage media manufacture and leading the industry toward positive development," said CMC Megnetics in a statement.


Previous
Next
Laser Used On Rear Projection TV        All News        Microsoft Switches Japan Xbox Chief, not Strategy
E-net Stacks up Distribution Deals     Optical Storage News      Lite-On IT to Release 18x DVD burner

Get RSS feed Easy Print E-Mail this Message

Related News
Taiwanese Optical Disc Makers To Diversify Their Production
Prodisc and Optodisc Join Forces
Prodisc to assemble handset cameras modules in China
Prodisc Technology obtains 16x DVD+R disc certification from Japanese firm
Prodisc to launch 4.9GB DVD discs
Prodisc Smartbuy Offers Hard Coating for DVD-R
Prodisc Unveils 4.9GB DVD-R disc
Ritek hit one-year record revenues in April
Prodisc Announces New products for CeBIT 2005
Prodisc secures certification for 16x DVD+R/-R discs from Pioneer
Optical-disc makers Prodisc and Optodisc lower their 2004 financial forecasts
Top three Taiwan optical disc makers post mixed August revenue growth

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 .