Saturday, July 02, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
BMW Group, Intel and Mobileye Team Up to Bring Autonomous Driving to Streets by 2021
Nvidia Says New GeForce GTX 1060 Is Faster Than AMD's Radeon TX 480
Micron To Reduce Workforce Following Slow Third Quarter Results
Apple in Talks to Buy Tidal: Report
U.S. Authorities To Investigate Tesla's Crash in Autopilot Mode
Oracle To Pay HP $3 billion In Itanium Case
ZTE To Invest $180 Million In Tech Start-ups
Alliance Storage Technologies Releases New NETArchive NAS Storage Solution
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Optical Storage > Ritek, ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, August 15, 2002
Ritek, CMC Magnetics to kick off China production next month


Ritek’s Kunshan plant and CMC Magnetics’ Nantong plant, both based in Jiangsu Province, China, are expected to begin production next month, said the companies.

Ritek, the world’s largest CD-R disc maker, said it will receive government approval for its Kunshan operations by the end of the month. It has begun recruiting an estimated 500 new employees, and expects initial monthly 48x CD-R production of 8 million units to reach as high as 20 million units, if all goes smoothly.

While CD-R prices have not yet warmed up, Ritek said it hopes to start production at Kunshan as soon as possible to accommodate large orders, and may consider expanding production capacity through to year-end.

In addition to attractively low costs, the two Taiwan-based CD-R disc makers have reportedly sought to set up in China to avoid tariffs on Taiwan CD-R products – 8.7% for Ritek and 39% for CMC – levied by the European Union.


Previous
Next
VOB releases InstantCD/DVD 6.5        All News        IBM ships Seagate's 15K ULTRA320 SCSI CHEETAHS in its Raid servers
VOB releases InstantCD/DVD 6.5     Optical Storage News      DVD+RW Alliance announced 4X writing speed for DVD+RW format!

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

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .