On a follow-up to yesterdays story, concerning Philips decision to revoke CD-R licenses for some Taiwanese manufacturing facilities, it looks like Ritek has decided to "pay the man" so to speak, and will be joining the controversial Veeza licensing program. However, maybe some wheeling and dealing was going on as well, as it appears Philips will lower the royalty charges. This was a major sticking point with manufacturers. DigiTimes provided the update on the situation. We can also probably assume, that the other manufacturers will soon sign up too.
| Royal Philips Electronics 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. |
Special thanks to ROPC who used our news submit to tell us about this
update!
Source: DigiTimes
