And yet another company that announces higher prices for their CD-R/CD-RW media products. Also TDK has to 'correct' it prices. The low prices the last years are caused by CD-R dumps. You know how it goes, if supply is higher then demand, prices are low.
Jim Browning, TDK VP of Marketing, explains the need for a CD-R price increase as follows: ``The CD-R industry is undergoing a correction caused by the market dynamics of the past two years. Last year's over-supply of discs resulted in dramatic price decreases, which forced many small and medium sized manufacturers to exit the CD-R business. This development has caused a consolidation of the manufacturing base, which has led to a tightening of disc supply. In addition, increases in CD-R production costs have also contributed to the price hike.'' |
Adds Browning, ``Although wholesale price increases of approximately 30% are expected, CD-R is still positioned as the most cost-efficient, flexible data, music and multimedia storage option available today.''
Maybe we should all stop burning for a while so the demand will be lower
Source: Yahoo
