The Chinese-language Economic Daily News (EDN) has reported that since Taiwan-based optical discs makers such as CMC Magnetics and Ritek will not run their plants during the Chinese New Year holiday in mid-February, the monthly production capacity of DVD discs in the industry as a whole will shrink by nearly one third.
With a potential shortage in the optical discs market, CMC said the company plans to to raise the price of DVD discs by 8-10% in the first quarter of 2007 while Ritek will increase its price by 5-10% during the period, the paper said.
Story source:
digitimes.com.
