Global demand for DVD+R/-R discs to top 1.5 billion units in 2004

October 19, 2003

It is a fact that the DVD
recordable market is booming. Despite the format race many people did
purchase a DVD recorder and the amount of people owning a DVD player is
enormous. According to the Gordon Yeh, CEO of Ritek we should expect a lot more
of the DVD recordable market and we can expect a global demand of about 1.5
billion discs in 2004.

Yeh said
that global sales of DVD drives and recorders will reach 50 million units
in 2004, compared with some 30 million units this year, including 18
million to 25 million DVD drives and 6.7 million DVD recorders, quoting
data from Japanese market research firm Fujiware Rothchild.

With about 30 discs being sold for each DVD drive or recorder
a year, global demand for DVD+R/R discs would easily swell to the 1.5
billion mark in 2004, Yeh said.

At
the moment the DVD recordable market is healthy, unlike the CD-R market where
some companies have been making losses due increased competition and dumping.
DVD recordable lines are currently very profitable and this will probably
continue for a long time. Read the entire article here.

Source: Digitimes.com