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Technology Stocks : C-Cube
CUBE 37.36+1.2%Nov 26 3:59 PM EST

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To: DiViT who wrote (35602)8/31/1998 4:38:00 PM
From: John Rieman  Read Replies (1) of 50808
 
DVD players heat up in Tiawan...............................

nikkeibp.asiabiztech.com

Demand for DVD Players Heating Up in Taiwan
August 31, 1998 (TAIPEI) -- Demand for DVD players is rising in Taiwan, pushing manufacturers such as CMC Magnetics Corp., Ritek Inc., CIS Technology Inc. and Etan Info System Co., Ltd. to expand related operations or take new steps into the market.
Taiwan's demand for DVDs has been increasing since July and 4x models are replacing 2x models, the prices of which have been falling.

Ritek produces 300,000 to 400,000 DVDs a month. The company plans to double the number of its DVD production lines by the first quarter of 1999.

CMC Magnetics will increase its DVD production lines from two to five by the end of 1998. Its new factory will be completed in December and it will contain some DVD production lines.

A new high-tech company with investment from Acer Peripherals Inc. is also targeting DVDs and CD-RWs as its main products. The affiliate has one production line, and manufacturing is scheduled for the fourth quarter.

CIS Technology has decided to enter the DVD market, but it is still looking for the best time to realize the plan. CIS executives said that they will not begin DVD production until most computer manufacturers opt to equip their products with DVD players.

They also expect that DVD players will become more common in PCs in the fourth quarter.

Etan is testing a DVD production line. A company official said Etan will operate two DVD production lines by the end of the year and monthly output will surpass 100,000 units.

(Commercial Times, Taiwan)
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