Friday, August 28, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
IFA 2015: What We Know So Far
Acer Liquid Z410 And Liquid Jade Z Phones Released
Huawei Honor Phones Coming To Europe
AMD Radeon R9 370X Graphics Card Launched In Asia
Nokia Agrees on 'Shanghai Bell' Joint Venture with China Huaxin
Apple Debuts at the Number Two Spot In Wearables Market, Behind Fibit
Microsoft's Lumia 950 and 950 XL Windows 10 Smartphones Leaked Online
Facebook Says It Has One Billion Users Per Day
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 > Mitsubi...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, January 23, 2012
Mitsubishi To Stop Optical Disc Production: report


Mitsubishi Chemical will stop production of Blu-ray Discs and DVDs, according to a report in Japanese newspaper Asahi Shimbun.

According to the paper, the move comes as the company sees declining profitability due to competition with low-priced BDs and DVDs manufactured outside Japan. Blu-ray sales are not compensating for the declining DVD market.

The maker of the Verbatim-branded media outsource disc production to Taiwanese and Indian makers, according to the report. This will lead to Taiyo Yuden as the sole Japanese manufacturer of DVDs.

According to the Japan Recording-Media Industries Association, says the report, global demand for DVDs, which peaked in fiscal 2007 at about 6 billion units, and has steadily declined since then. Sales of DVDs are forecast to drop to 3.7 billion units in fiscal 2013. In the meantime, the retail price for DVDs virtually halved between 2006 and 2011. Blu-ray sales have not made up for the decline, says Asahi Shimbun.

Update
Mitsubishi Kagaku Media (MKM) reaffirmed the company's commitment in the production of high-quality DVD and Blu-ray disc media. Read more here.


Previous
Next
WiLAN Files Patent Infringement Suit Against RIM        All News        Intel To Buy QLogic's InfiniBand Assets
Mitsubishi Remains Committed To Optical Disc Production     Optical Storage News      Maxell Replaces Faulty BD-Rs

Get RSS feed Easy Print E-Mail this Message

Related News
Mitsubishi Chemical Files Patent Lawsuit Against Red Phosphors in China
Mitsubishi Doubles OLED panel's Life Span
Pioneer Is Shipping New OLED Lighting Modules With a Wet Coating Process for a Light-emitting Layer
Mitsubishi Chemical Develops Bio-based Plastic For Automotive Touch Panels
Oji and Mitsubishi Chemicals Develop Transparent Paper
Mitsubishi Chemical and Pioneer Develop OLED Lighting Using The Wet Coating Process
Mitsubishi Remains Committed To Optical Disc Production
Mitsubishi Chemical and Pioneer Join Forces On Organic Light Emitting Diode (OLED) Lighting
Mitsubishi Chemical and Pioneer Concluded Business and Capital Alliance
MCC Postpones Start-up of New Polycarbonate Resin Production Facility
Mitsubishi Chemicals warns Sony DRU-500A users about compatibility problems...

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 .