Taiwanese suppliers to raise CD-Recordable disc prices again

April 25, 2003

DigiTimes reports that Taiwanese suppliers (Ritek, CMC Magnetics and Prodisc) are to raise the price of CD-Recordable media again in this year's third quarter.

According to CMC, it has consistently pushed for a price recovery since last year, when the company had to cut prices significantly. CMC's CD-R disc prices dropped to as low as US $ 0.15 per disc in the third quarter of 2002, CMC deputy spokesperson Andria Wong said.

The company raised its CD-R disc prices just earlier this month, and the prices could go up further after the increase in the summer, according to Wong.

The price dip last year was mainly a result of second-tier makers trying to seize market share, Prodisc said. Demand has been much stronger this year, and major CD-R disc makers have been running at high utilization since early this year and it is not surprising to see prices going up, Prodisc said.

CD-R manufacturer Ritek has also said that it's very likely that they will pursue continuous price growth in the second half of this year.

Source: DigiTimes