Breaking News

COLORFUL Introduces iGame Shadow II Series DDR5 Memory TerraMaster Launches D1 SSD Plus ASUS Announces Late-August Availability of ProArt Display 6K PA32QCV ASRock Announces Exciting New AMD X870E motherboards ASUSTOR 30 TB Ironwolf Pro Now Officially Supported

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

Ritek: 2H CD-R market outlook not gloomy…

Ritek: 2H CD-R market outlook not gloomy…

General Interest Jul 27,2001 0

"...On July 24, Ritek Group CEO Gordon Yeh said that although the company is not overly optimistic about the outlook for the CD-R disc market in the second half of this year, it is never pessimistic. Currently, the company’s CD-R production capacity utilization rate in the third quarter is higher than it was in the second quarter, and it expects its financial performance in July and August will be better than in May and June. Yeh pointed out that thanks to drops in the price of CD-RW burners and their increasing prevalence, demand for CD-R discs is continuing to grow. The outlook for the CD-R market in the second half is not grim at all.

Yeh further pointed out that usually CD-R shipment volume in December is 1.5 to two times higher than in June. Moreover, given the traditional sales boom in the second half and the predicted upcoming growth in the European market in August, Ritek’s CD-R shipment performance is expected to be better in the second half than in the first half. In addition to the CD-R market, the market for DVD-R discs is also showing signs of growth.

With some CD-R manufacturers planning to raise prices in the second half, Yeh said that Ritek is continuing to develop and roll out new high-performance discs, such as 24x and 32x high-end products, and it is natural that prices will vary according to brand and demand. In the future, the ex-factory price of high-end CD-Rs will be over US$0.3 each at least.

Ritek took control of the management at Gigastorage and Lead Data in May and June of this year. Yeh noted that the two companies both had a capacity utilization rate around 50% in May and June and probably saw losses in the first half. However, after their strategic alliances with Ritek, their company structures have improved. Gigastorage and Lead Data’s capacity utilization rates have rebounded in July, and their second-half sales performances are expected to be better than the first half..." NULL

Tags: Ritek
Previous Post
Maxtor announces new hard drive interface spec
Next Post
Purple Book version 1.0

Related Posts

  • Ritek to Produce Panasonic's 300GB Archival Discs

  • Ritek To Start Bio-testing Optical Discs

  • Ritek Releases New BD-R DL 6X Discs

  • RiDATA M-Disc DVD-Rs Now Available

  • Ritek Blu-ray M-Disc Available In August

  • RITEK Launched Recordable Permanent Storage - M-DISC DVD

  • RITEK To Showcase BDXL Blu-Ray Discs in Computex

  • Ritek And CMC Receive To Benefit From Moser Baer Finacial Troubles

Latest News

COLORFUL Introduces iGame Shadow II Series DDR5 Memory
PC components

COLORFUL Introduces iGame Shadow II Series DDR5 Memory

TerraMaster Launches D1 SSD Plus
PC components

TerraMaster Launches D1 SSD Plus

ASUS Announces Late-August Availability of ProArt Display 6K PA32QCV
Enterprise & IT

ASUS Announces Late-August Availability of ProArt Display 6K PA32QCV

ASRock Announces Exciting New AMD X870E motherboards
PC components

ASRock Announces Exciting New AMD X870E motherboards

ASUSTOR 30 TB Ironwolf Pro Now Officially Supported
Enterprise & IT

ASUSTOR 30 TB Ironwolf Pro Now Officially Supported

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

be quiet! Pure Base 501

be quiet! Pure Base 501

Terramaster F8-SSD

Terramaster F8-SSD

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