analysis/ recordable, rewriteable discs prove popular
October 14, 1998
Nikkei English News via NewsEdge Corporation : (Nikkei Industrial Daily, Oct. 13, 1998)
TOKYO (Nikkei)--Recordable and rewriteable compact discs are drawing a great deal of interest from consumers and things should only get better. Indeed, while the market for DVDs is slumping, demand for CDs is expected to grow rapidly.
The products' vast potential is attracting the big guns of the electronics industry. Sanyo Electric Co. is increasing production of optical pick-ups for CD-ROMs, building on the significant presence it already has in the market. TDK Corp., Hitachi Maxell Ltd., and other major makers of recording media will soon release products domestically to take advantage of the expected surge in business near year-end.
Recordable CDs were first introduced to support editing and other functions that must be carried out during the creation of CD-ROM content. Global demand is expected to jump 76% this year to 320 million units thanks to a surge in software sales. The market for rewriteable CDs is growing as well, as they present a viable option for those looking for a reliable external storage medium.
Audio recording decks for CDs present the opportunity to use recordable and rewriteable discs in conjunction with home audio/visual equipment. Although some Japanese companies are marketing the decks in Europe and the U.S., sales have not begun in Japan because agreements with domestic music distributors have yet to be worked out.
<<Nihon Keizai Shimbun, Inc. -- 10-13-98>>
[Copyright 1998, Nikkei America]
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