The new DVD+R disc has a storage capacity of 8.5GB, much larger than the 4.7GB of single-sided, single-layer DVD+Rs available currently, Infomedia pointed out. Philips plans to announce its edition 1.0 specification for single-sided double-layer DVD+R discs in May and then DVD players/burners supporting the discs are expected to become available, Infomedia indicated.
Infomedia will move into a new headquarters and factory in Hwa Ya Technology Park located in Taoyuan County, northern Taiwan, in June this year. The land and buildings entailed investment of NT$1.8 billion, while the addition of 33 new production lines will cost about NT$3 billion. The company plans to raise additional capital by issuing 20 million new shares at NT$16 per share late this month and apply for a syndicated loan of about NT$3 billion soon.