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Infosmart invests in Blu-ray production line

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Infosmart invests in Blu-ray production line
Posted by Tim Stork
Posted on 07/05/08 09:42
Number of views 305
Infosmart invests in Blu-ray production line

The InfoSmart Group makes recordable digital versatile discs in Hong Kong and Brazil and has announced that it has acquired a $5 million loan from two investors. In a press release the manufacturer says that "the loan is marked for the company's development of Blu-ray disc sales and marketing efforts in both local and international markets".

"While our company continues to reap the benefits of traditional DVDR lines in emerging markets like Brazil, we are also preparing for the continued development of media in developed markets such as Asia. The addition of BD production lines to our recent acquisition of our first Anwell unit not only expands our Blu-Ray production capacity, but also adds balance to our product portfolio which now consists of DVDR, Flash Memory and now BD," said Parker Seto, CEO of InfoSmart Group.

Now that Blu-ray acquires a more important share in some company's portfolios, some expect a growth, while studies say the opposite.

 



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