DVD recordable manufacturers not to raise prices this year

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Posted by	Jan Willem
Posted on	03/06/03 16:06
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DVD recordable manufacturers not to raise prices this year

Altough the demand for DVD recordable discs has been increasing a lot this year, the three large Taiwanese manufacturers CMC, Ritek and Prodisc have announced not to raise prices of DVD media. Prices of 4x DVD media might even drop at the end of the year caused by demand for 8x DVD media. 8x DVD recorders should be available at that time. The companies are currently satisfied with the margins on DVD media and demand is still growing.

Both CMC and Ritek said they were satisfied with the current profit margins and would not consider a price hike on their DVD products before the year-end. Prodisc said it would follow suit on its competitors' decisions. Further price jumps may run the risk of discouraging consumers, said the companies, which are consistently expanding their DVD disc capacities.

Rumors are that in the Netherlands and Belgium there will likely be a price increase of up to 1 EURO on DVD media due to a tax that should compensate losses of the entertaiment industry. However there has no decision been made and it will likely be annnounced a little while before the new tax will become active, to avoid people buying large stocks.

Source: Digitimes.com

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Posted by GristyMcFisty on Tuesday 03 June 2003 18:55

More like that tax in NL et al will disappear into the politicians pockets...

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