Mr. Belvedere used our newssubmit to tell us that Ritek and CMC are planning to start CD-R production in China in a couple of months. China is one of the fastest growing markets for CD-R's. It seems that the biggest problem for foreign companies, the Chinese regulations, have become less strict.
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 under bureaucratic hurdles. |
Meanwhile, rival disc maker CMC Magnetics said a few weeks ago it got the go-ahead to bring its 11 China production lines online. The company aimed to turn out a total of 10 million units by year-end once production starts this quarter.
Fear has been mounting that the companies' growing capacity in China will blunt the global seasonal recovery anticipated for the current quarter and squeeze already razor-thin margins. A spokesperson at Ritek brushed off such possibilities while CMC said its China-made discs mainly serve China's domestic market, where demand is still growing strongly.
With two big CD-R companies that start factories in China, future looks bright for the Chinese consumer. But will we also profit from it? If you want to take a look at the entire article, look here. Interested to know wich one is the best CD-R producer? Take a look at the CD-R(W) Media Forum
Source: Digitimes
