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Saturday, December 21, 2002
 MET Technology to make DVD+RW player in 1Q 2003
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Message Text: MET Technology, Ricoh’s Taiwan distributor, will begin volume production of own-brand DVD+RW players reading at 4x speed using Ricoh solutions in the first quarter of next year. The company said Philips is the only company that has launched a DVD+RW player aimed at the consumer market. At present, the majority of DVD+RW drives are sold as PC peripherals.

As Ricoh’s distributor, the company sells DVD+RW component kits to several local storage makers such as AOpen and Ultima Electronics. The company said it will add four more clients next year – two PC makers and two IA (information appliance) companies. According to sources, Legend is one of the sought-after clients.

The DVD+RW player, incorporating a TV tuner and MPEG-4 decoder, will be priced higher than the US$65 quote price for DVD+RW drives that the company offers to clients.

Backed by PC industry heavyweights such as Dell Computer, Hewlett-Packard (HP) and Microsoft, the DVD+RW devices will become more affordable and gradually replace CD-RW drives. According to Ricoh’s estimate, worldwide consumption of DVD+RW devices came to 200,000 units in 2001 and will grow to 53.4 million units in 2006.

The company will be listed on Taiwan’s OTC (over-the-counter) market on December 26 at NT$65 per share.
 
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