Sunday, March 29, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Microsoft Lists Windows 10-Compatible Phones
Intel in Talks to buy Altera: report
MediaTek Releases New High-end Smartphone Helio SoC
Google To Get Into The Operating Room
Data Requests To Microsoft Decreased
Google Defeated in English Court - Decision Opens Door for Litigation by Millions of British Apple Users
LG G4 Smartphone Coming Late April
BlackBerry Posts Quarterly Profit
Active Discussions
how to copy and move data files to dvd-rw
cdrw trouble
Need serious help!!!!
nvidia 6200 review
Burning Multimedia in track 0
I'm lazy. Please help.
 Home > News > Optical Storage > CMC Lan...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, November 21, 2001
CMC Lands TDK CD-R Orders

CMC Magnetics Corp., Taiwan's leading manufacturer of storage media, recently acquired orders for 20 million rewritable compact discs from TDK Corp. of Japan, which specializes in electronic materials and devices, as well as recording media. The huge orders have sped up CMC's move to expand production overseas. The company plans to spend up to NT$7 billion on new equipment this year. (NT$34.45 = US$1) In contrast to CMC, large Taiwanese high-tech manufacturers, including Taiwan Semiconductor Manufacturing Co., Ltd. and United Microelectronics Corp., have slashed capital spending plans for this year and next year.

CMC notes that it has begun raising funds for expansion in 2000 in sight of the signal of revitalization of the CD-R market. Sufficient capital has enabled the company to smoothly expand production in the second half of this year. The company estimates it now earns at least NT$500 million a month with its CD-R production lines running at full capacity. Hefty earnings brought CMC cash of NT$2.2 billion in the first half year, increasing its cash to the current NT$5 billion.

A CMC executive points out that most of the company's NT$7 billion spending planned for this year is for procuring DVD equipment on the grounds that the market will take off soon. A part of the spending is for expanding CD-R production. The executive points out that behind the expansions is the burgeoning demand of the company's customers. CMC says it has landed orders for rewritable DVDs from big-name Japanese and American suppliers. The company estimates its DVD-R shipments will hit one million disks this year and triple next year. DVD-R has seven times the storage capacity of CD-R, and its average price of US$8 to US$10 is much higher than a CD-R's US$0.24.

Up to now, CMC has set up overseas CD-R facilities in the United States, Mexico, Britain and Hong Kong. It recently acquired a Mitsubishi Chemical facility in Ireland and two TDK factories, one each in the United States and Japan, boosting its CD-R output to 120 million to 130 million discs a month. The company has moved the production lines of the two TDK factories to a facility at Linkou, Taipei county. TDK was also a major customer to Ritek Corp. of Taiwan, CMC's arch rival. Local insiders of the line estimate the volume of the orders CMC has acquired is now larger than the volume of Ritek's..

Primera launches major product announcements at Comdex 2001        All News        Primera launches major product announcements at Comdex 2001
Primera launches major product announcements at Comdex 2001     Optical Storage News      Primera launches major product announcements at Comdex 2001

Get RSS feed Easy Print E-Mail this Message

Related News
TDK Launches SMG4A Series of Industrial mSATA SSD Modules
TDK Brings Wireless Charging To Electric Cars
TDK Showcases STT-MRAM Prototype At Ceatec
TDK Life on Record Launches New TREK Max Wireless Speaker
TDK Launches SNG4A M.2 Industrial SSDs
TDK Acquires HDD-related Products Businesses
TDK Launches SHG4A Series of SATA 3 Half Slim Type SSDs
TDK Showcases Ultra-thin Transparent Conductive Film For Touch Panels
TDK Life on Record Launches New Trek Wireless Outdoor Speaker
TDK Exits The Data Tape Business
TDK Launches SDG4A Series of Solid State Drives
TDK To Withdraw From The Blu-ray Disc Business

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 .