The biggest four CD-R manufacturers Ritek, CMC Magnetics and Prodisc Technology all reported new record highs for monthly revenues in October and expect revenues to go even higher in November and December:
CMC Magnetics collected revenues of NT$2.05 billion in October, growing 4% month-on-month and 102.5% year-on-year. From January to October, the company accumulated NT$15.47 billion in revenues, growing 21.8% over the same period last year. As of the end of October, it had achieved 83.4% of its full-year target. |
CMC said starting in July nearly 100% of shipments were of 24x speed CD-R discs, which have a higher gross margin than most other products. Because of pressing demand the company has also been able to raise unit prices. These two factors should make for greater revenues in November and December.
Prodisc reported NT$671 million in revenues for October, NT$6 million more than September. From January to October, it brought in revenues of NT$5.51 billion, achieving 71.4% of its full-year target.
Ritek has not released exact figures for October, but the company said monthly revenues were greater than the NT$2.4 billion for September.
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Source: Digitimes.com
