Ritek, CMC Magnetics set to start CD-R production in China in 3Q
Ritek said its new factory in Kunshan, Jiangsu Province (China) is on track to begin production, denying market rumors that it has closed the plant...
Series of price hikes on CD-R discs to come at CMC Magnetics
CMC Magnetics is planning to reset its pricing on CD-R disc products. The first price increase, to range from 7-8%, will be implemented next month...
Korea imposes tariffs on Taiwan-made CD-Rs
Following complaints from local CD-R makers like SKC, Korea's foreign trade committee has imposed tariffs of 51.7% on all CD-R products imported directly from Taiwan...
CMC Magnetics Corp. Announces Manufacturing and Worldwide Distribution of DVD+RW Media
CMC Magnetics Corp. (CMC), one of the world's largest optical disc manufacturers, today announced that it will begin manufacturing and worldwide distribution of DVD+RW media...
CMC Magnetics October sales reaches 2.05 Billion
CMC Magnetics Corp.(CMC) reported the unaudited Sales for October 2001 of NT$2.05 billion beating the history high monthly sales again. It surpassed about one fold...
CD-R disc makers cut prices 10-15%
Ritek and CMC Magnetics have once again lowered unit CD-R disc prices by 10-15% to stay competitive on the European market. Although the current buying...
CMC Lands TDK CD-R Orders
CMC Magnetics Corp., Taiwan's leading manufacturer of storage media, recently acquired orders for 20 million rewritable compact discs from TDK Corp. of Japan, which specializes...
CD-R disc makers face weak earnings despite revenue growth
Taiwanese CD-R disc manufacturers expect to see their revenues grow continuously in September, but their earnings still lag far behind targets set for the year...
CD-R companies in Taiwan expect better outlook in Q3
With the approach of the traditional third-quarter boom season, CMC Magnetic and Ritek, Taiwan's leading CD-R companies, are confident of improving their profitability. In fact,...
CD-R producers consolidate into larger operations…
CMC Magnetics and Ritek are in the process of intensifying their merger activities now in a bid to increase their market share and lower production...
