Recordable DVD consumption to reach 320+ million next year

jsl is on a roll today and he has submitted yet another interesting article. According to Gordon Yeh, company CEO of Ritek, worldwide consumption of Recordable DVD discs will reach 320 million units in 2003. The optimistic projection is that these numbers can increase to 400 million or even 500 million units next year:

Company CEO Gordon Yeh estimated that demand for DVD-R discs will be about 160 million units while demand for the DVD+R, DVD+RW, DVD-RW and DVD-RAM formats will be about 40 million discs each.Yeh said the DVD-R disc is the mainstream DVD format at present, but DVD+R discs are showing signs of rising to dominance. According to Yeh, Ritek's share of the worldwide DVD+R disc market was 78.9% over the first three quarters of 2002. The company has been shipping 4x DVD+R discs and expects to introduce 8x and 12x discs next year.

Unfortunately the DVD-Recordable.net website doesn't mention a source where we can verify the numbers mentioned by Ritek. You can read the full article here.

Source: DVD-Recordable.net

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