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

Ritek Accepts Veeza Licensing

Ritek Accepts Veeza Licensing

Optical Storage Sep 26,2006 0

Philips on September 25 announced Ritek has joined Veeza, its new licensing system for CD-R disc patents, with Ritek being the first Taiwan-based optical disc maker to sign on. Philips also announced a 41.7% reduction in its royalty charge for recordable DVD discs from US$0.06 to US$0.035, a step toward extending Veeza from CD-R to recordable DVD discs.

Ritek's five-year contract with Philips for licensed use of CD-R patents expired a few months ago and the company agreed to join Veeza to continue licensing the patents, Ritek pointed out. However, optical discs makers in Taiwan had originally boycotted Veeza, so Ritek's sudden reversal may cause some discontent among its fellow makers. As Ritek is currently the second largest maker of optical discs in Taiwan, its action will bring pressure on other makers, Taiwanese industry sources indicated.

Under the terms of Veeza, licensees provide detailed information on all CD-R disc shipments, but Philips affirmed its obligation to comply with the non-disclosure clause specified in the licensing system in an effort to ease any worries licensees may have.

Concerning the decreased royalty fee for recordable DVD discs, existing licensees will be able to begin applying the discounts from the third quarter of 2006 until the second quarter of 2007 as long as they fulfill licensing contracts, Philips noted. After that, Philips plans to expand its Veeza system to recordable DVD discs.

Tags: Ritekveeza
Previous Post
First Sony NEC Optiarc DVD Burner Generation
Next Post
Pretec 16GB CompactFlash Card

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

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