Sunday, April 20, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Sharp Improves LCD Viewing Angle With New Optical Film
Ex-Apple CEO To Sell Mobiles In India
HTC Hired Ex-Samsung Marketing Officer
Xbox One Wolrdwide Sales Cross 5 million
Samsung Works With GLOBALFOUNDRIES On 14 nm FinFET Offering
Facebook To Find Nearby Friends
Console Sales Lift AMD's First Quarter Results
LG Expands 'Second Screen' TV Ecosystem With Open-Source SDK
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 > CD-R co...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, September 07, 2001
CD-R companies in Taiwan expect better outlook in Q3


With the approach of the traditional third-quarter boom season, CMC Magnetic and Ritek, Taiwan's leading CD-R companies, are confident of improving their profitability. In fact, the two companies are believed to have a good chance of achieving life-time high sales in August. Both CMC and Ritek have predicted that their profits will begin to show faster growth in the third quarter. CMC predicted its third-quarter profits will reach NT$1.17 billion, representing 90 percent of its real profits of NT$1.3 billion made in the first six months of the year. (NT$34.57 = US$1). Ritek expects its profits to reach NT$1.42 billion in the third quarter alone, equivalent to 80 percent of its first half performance of NT$1.76 billion.

Similar predictions have been made by other leading CD-R companies. Prodisc Technology Inc. has raised its third-quarter profit forecast to NT$320 million, higher than the real profits of NT$235 million it achieved in the first half. Lead Data Inc. predicted profits of NT$90 million in the third quarter, almost reversing its heavy losses of NT$134 million in the first half. Despite earlier downgrading its financial projections, Gigastorage Corp. also expects that its profits will stage a strong rebound in the third quarter.

These encouraging third-quarter predictions come after sales picked up sharply in June and July. CMC and Ritek reported record high June and July sales, while Lead Data's sales hit life-time highs for three straight months between May and July. Prodisc also reported two months of second-highest sales in June and July, while sales of Gigastorage recorded their third-highest levels in June and July.

The approach of the traditional high season has raised hopes in the CD-R industry that sales will surge strongly by the year's end. CMC is confident that its August sales will exceed NT$1.8 billion, beating its record high marked in July. Ritek predicts that its August sales will challenge NT$2.3 billion to mark a new life-time high.


Previous
Next
Vivastar Begins Shipping DVD-R Media        All News        Rapid Expansion Hoped for DVD Players in China
Vivastar Begins Shipping DVD-R Media     Optical Storage News      Rapid Expansion Hoped for DVD Players in China

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

Related News
Ritek Releases New BD-R DL 6X Discs
RiDATA M-Disc DVD-Rs Now Available
Ritek Blu-ray M-Disc Available In August
RITEK Launched Recordable Permanent Storage - M-DISC DVD
Taiwanese Optical Disc Makers To Diversify Their Production
CMC Magnetics Showcases BDXL Discs At CES
Optical Disc Prices To Rise In 2H13
RITEK To Showcase BDXL Blu-Ray Discs in Computex
Ritek And CMC Receive To Benefit From Moser Baer Finacial Troubles
RITEK Launches Capless USB 3.0 Flash Drive
CMC Magnetics Certified For 6x BD-R DL Manufacturing
RITEK USB3.0 Storage Products Launched at Computex Taipei

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 .