Tuesday, September 02, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
LG and Samsung Add Swarovski Crystals on Their Products
Pioneer DDJ-WeGO3 Allows You To Mix Tracks from Spotify or iTunes
Apple's iCloud Could Have Allowed Celebrity Nude-Photo Leak
Google To Launch New Budget Phone In India
Asus ZenWatch To Have Voice Control Features
Miraisens Showcases Touchable 3D Tech
Nintendo's Figurines Coming Later This Year
ASUS and G.Skill Take Overclocking Records
Active Discussions
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
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > Optical Storage > Ritek r...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, April 19, 2001
Ritek renewing patent contract with Philips


"...Ritek is due to sign a new CD-R patent contract with Dutch giant Philips Electronics NV before long, heralding a price rise in the near future. CD-Rs quoted at between US$0.20 and US$0.23 apiece at present may report a monthly rise of around 20 percent in price in response to the patent cost and supply shortage. By the end of the year, Ritek's CD-Rs are expected to be priced at US$0.40 to US$0.50 apiece. After CMC Magnetic made its peace with Philips for the sake of smooth CD-R deliveries, Taiwan's CD-R makers decided that their best interests were served by a reconciliation with the Dutch high-tech giant.

Taking a realistic view, Ritek has also decided to swim with the stream so as not to lose its dominance in the CD-R industry due to a suspension of its license. Ritek revealed that it had received approval from its clients to shift the patent cost onto the price quote. Besides, the company predicted that its CD-R supply would short fall of demand in the second half of the year, as its production schedule has been fully arranged. Therefore, Ritek's upward adjustment in the CD-R quotation may have been in the pipeline.

According to the president of Ritek's media marketing unit, Ritek has acquainted its clients with the possibility of a price rise in its contract manufacture of CD-Rs and has been given to understand that a price rise of between US$0.10 and US$0.20 would be acceptable. As Ritek has no capacity available until August, the shortfall in the supply will also bring up the CD-R price. The growing belief shows that the CD-R quotation will rise to US$0.40 to US$0.50 per piece by the year's end.

Ritek called for a restricted expansion in CD-R production to help sustain a rebound in the CD-R price. The company said that the demand and supply of CD-R would reach a balance in 2001 according to the calculation based on the current gross production, provided that Taiwan's CD-R makers restrained their capacity expansion.

Philips has suspended the patent authorized to Ritek for three months, producing the setback in the partnership with Ritek. The president clarified Philips' retraction as just temporary. He said that Ritek's joint venture CD-R plant formed with Philips in Germany was maintaining normal production. The disturbed production due to the disagreement with Philips over the patent fees in Taiwan's CD-R plant, which only manufactures 5 million pieces of CD-R for Philips, will have a limited impact.

As Ritek and Philips clinched a production contract with period of five year ahead of the outbreak of patent fees disagreement, the relationship between Taiwan's CD-R powerhouses and the Dutch giant is expected to be restored in the wake of the renewal of the patent contract..."



Previous
Next
Nintendo Delays GameCube in Japan        All News        Fantom ships 16x FireWire CD-RW (2)
Nintendo Delays GameCube in Japan     Optical Storage News      Fantom ships 16x FireWire CD-RW (2)

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

Related News
Philips to Create New Lumileds and Automotive Lighting Businesses Company
Philips and Salesforce.com To Deliver Cloud-based Healthcare Information Technology
EU To Fine Philips, Infineon And Samsung
Philips to Sell WOOX Innovations to Gibson
Philips Announces Its 2014 TV Lineup
Ritek Releases New BD-R DL 6X Discs
MWC: Philips and Ericsson Unite On Smart Street Lighting
Philips Lighting System Guides You Through The Supermarket
Philips to transfer Remaining Stake in TV Joint Venture to TPV
RiDATA M-Disc DVD-Rs Now Available
Philips At CES 2014
Philips Celebrates 100 Years of Research

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 .