Ritek Corporation announced it will showcase USB 3.0 portable hard drives and USB flash drives at Computex Taipei 2010 from June 1-5, 2010.
CMC and Ritek Unscathed by Earthquake
CMC Magnetics and Ritek Corporation announced that their operations were not significantly affected by the 6.4-magnitude earthquake that struck Kaohsiung, Taiwan on March 4, 2010.
Ritek, Gigastorage Won’t Raise Disc Prices
DIGITIMES reports that while CMC Magnetics says that it has increased its quotes for DVDs and CDs by 5% to 10% (due to polycarbonate price hikes), Ritek and Gigastorage do not intend to follow suit.
JVC Wins DVD Patent Suit Against Conrexx Ritek
Victor Company of Japan, Limited (JVC), an operating company of the JVC KENWOOD Group, announced that it won a suit it had filed against Conrexx Technology B.V. (Conrexx), a German affiliate of Ritek Corporation, one of the world’s largest manufacturers of DVD recordable and other optical storage discs.
Sony Ordering Blu-ray from Ritek Rumor
In a January 28, 2010 filing to the Taiwan Stock Exchange (TWSE), Ritek Corporation issued a statement in response to an Economic Daily News report that Sony had contract ordered a large number of Blu-ray discs from Ritek.
Ritek to Purchase Daxon Equipment for Blu-ray
In a January 22, 2010 filing to the Taiwan Stock Exchange (TWSE), Ritek Corporation announced that it had entered into a memorandum of understanding (MOU) with Daxon Technology Inc. to purchase Daxon’s optical disc manufacturing equipment for NT$500 million (US$15.6 million).
Ritek and CMC Up and Down in December
DIGITIMES reports that CMC Magnetics and Ritek have announced unaudited revenues for Dec. 2009 of NT$1.403 billion (US$44.1 million) and NT$1.469 billion (US$46.1 million) respectively.
Philips Licenses Effective Until 2012
DIGITIMES has issued a correction of its January 4, 2009 report regarding Philips reducing the patent royalty it charges CMC Magnetics and Ritek on blank CD-RW, DVD-R, DVD+R, DVD-RW and DVD+RW discs.
Ritek Announces High Speed 600X CompactFlash Card
Advanced Media, Inc. announced that it is adding a high speed 600X MLC based CompactFlash® Card (CF) to its Lightning Series line in 4GB, 8GB, and 16GB capacities for embedded computing options.
Philips Slashes CD and DVD Disc Royalties
DIGITIMES reports that Royal Philips Electronics has reduced the patent royalty it charges CMC Magnetics and Ritek on blank CD-RW, DVD-R, DVD+R, DVD-RW and DVD+RW discs.
Ritek Contemplating BD-R/RE Expansion
DIGITIMES reports that Ritek may expand its blank BD-R/BD-RE disc manufacturing in 2010 to two or three times its current capacity of 2 million pieces per month.
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