Breaking News

ASUSTOR 30 TB Ironwolf Pro Now Officially Supported ASUS Announces ExpertCenter P500 SFF Lexar Launches the NM990 PCIe 5.0 SSD DJI Agras T100, T70P and T25P Launches Globally Sony Introduces the RX1R III

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

EU Approves Sony-NEC Joint Venture

EU Approves Sony-NEC Joint Venture

Optical Storage Apr 3,2006 0

The European Commission announced Friday that it has approved the creation of the optical disc drive (ODD) joint venture between Sony and NEC. The Sony NEC Optiarc Inc. was announced last February. Sony and NEC he will work together in the development, design and marketing of optical data-storage disk drives, including re-writable CDs and DVDs. Disk production will be outsourced.

The joint venture will replace both companies' own activities in the market, the Commission said.

Sony NEC Optiarc will handle the optical drive businesses of both companies including manufacturing, marketing and sales of drives for the Sony-backed Blu-ray Disc technology and NEC-backed HD-DVD technology. It will also handle development and engineering of optical drives, the companies said.

The merger is expected to take advantage of NEC's expertise in optical-disc LSI (large scale integrated circuit) chip technology and Sony'as strength in optical pick-ups.

The venture, Sony NEC Optiarc Inc., will neither reduce competition nor consumer choice, since it will face competition from various companies, including Hitachi, Toshiba, Samsung, Pioneer and Panasonic, the Commission said.

Tags: Sony Optiarc
Previous Post
Nokia Says New Smartphones Late
Next Post
Blue Laser Discs: Dye or Phase Change Materials?

Related Posts

  • European Court Dismissed Optical Storage Makers' Appeal in Cartel Case

  • Optical Drive Makers Face EU Antitrust Fines

  • Sony Optiarc To Cease Operations

  • Sony Optiarc BWU-500S 12x Blu-ray Disc Burner Available in the U.S.

  • Sony Optiarc Releases New DVD Rewritable Drives

  • New Optiarc DRX-S77U DVD Burner Coming This Month

  • Sony Optiarc Launches Stylish DRX-S70U-W DVD Burner

  • Optiarc Europe to Offer Sony Branded 8x BD Writer, New Slimtype DVD Burner

Latest News

ASUSTOR 30 TB Ironwolf Pro Now Officially Supported
Enterprise & IT

ASUSTOR 30 TB Ironwolf Pro Now Officially Supported

ASUS Announces ExpertCenter P500 SFF
Enterprise & IT

ASUS Announces ExpertCenter P500 SFF

Lexar Launches the NM990 PCIe 5.0 SSD
PC components

Lexar Launches the NM990 PCIe 5.0 SSD

DJI Agras T100, T70P and T25P Launches Globally
Drones

DJI Agras T100, T70P and T25P Launches Globally

Sony Introduces the RX1R III
Cameras

Sony Introduces the RX1R III

Popular Reviews

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Noctua NH-D15 G2

Noctua NH-D15 G2

Soundpeats Pop Clip

Soundpeats Pop Clip

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

Crucial T705 2TB NVME White

Crucial T705 2TB NVME White

be quiet! Pure Base 501

be quiet! Pure Base 501

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed