CMC sees profit in 1Q12

Apr 26, 12:26

Optical disc maker CMC Magnetics has released financial results for first-quarter 2012, during which it generated net profit for the third consecutive quarter since returning to profitability...

CMC, Ritek post mixed sequential growth in March revenues

Apr 11, 16:37

CMC Magnetics and Ritek, the two largest Taiwan-based makers of blank optical discs, saw revenues for March rise 16.09% and fall 6.74% respectively on month, according to the compa...

CMC posts 2011 net loss per share of NT$0.61

Apr 2, 10:49

CMC Magnetics, a Taiwan-based maker of blank optical discs, suffered a net loss per share of NT$0.61 for 2011, according to the company.

CMC Magnetics, Ritek expected to land OEM orders for optical discs from Mitsubishi Chemical, says paper

Newswatch - Jan 16, 10:21

CMC Magnetics and Ritek, the largest Taiwan-based makers of blank optical discs, are expected to receive OEM orders for DVD and CD-R discs from Japan-based Mitsubishi Chemical which...

CMC November revenues hit 35-month high

Dec 9, 10:47

CMC Magnetics, which makes blank optical discs, has reported revenues of NT$1.772 billion (US$58.7 million) for November, hitting the highest in 35 months, and increasing 0.38% on...

CMC swings to profitability in 3Q11 following 17-quarter loss

Stockwatch - Oct 28, 11:22

Optical disc maker CMC Magnetics recorded net profits of NT$52 million (US$1.8 million) in the third quarter of 2011, turning its operations back to profitability, after suffering...

CMC to swing in profit in 3Q11, says newspaper

Newswatch - Oct 4, 10:38

Taiwan-based optical disc maker CMC Magnetics expects its business to turn into profitability in third-quarter 2011 and improve further in the fourth quarter due to growing demand...

Optical disc maker CMC Magnetics expects 10% growth in 3Q11 revenues

Sep 8, 01:50

Optical disc maker CMC Magnetics expects its third-quarter revenues to grow 10% sequentially and is also expected to turn a profit, as second-tier disc makers are gradually phasing...

Fire in Sony London warehouse to further worsen blank disc shortages

Aug 11, 01:30

Sony's warehouse in London, the UK, which stores blank optical discs, was recently struck by fire and is expected to cause the optical disc market, which is already suffering from...

Taiwan BD makers facing strong competition from India-based MBI

May 24, 01:55

Despite global Blu-ray disc (BD) sales are rising in 2011, since Taiwan-based BD makers including CMC Magnetics and Ritek, will only have limited capacity growth in 2011, while competitor...

CMC, Ritek may hike optical disc quotes to reflect hiked cost

Apr 13, 10:59

In response to continual hikes in the cost of optical-grade polycarbonate (PC), which now stands at US$3/kg, Taiwan-based blank optical disc makers CMC Magnetics and Ritek are likely...

CMC hikes DVD disc prices by 10%, says paper

Newswatch - Mar 14, 10:09

Taiwan-based CMC Magnetics has upward adjusted its March 2011 quotes for blank DVD discs by 10% to reflect increased polycarbonate costs, the Chinese-language Economic Daily News...

CMC, Gigastorage cut output of optical discs

Feb 23, 11:38

Taiwan-based CMC Magnetics and Gigastorage have reduced production of CD-R and DVD-R/+R blank discs by as much as one-third from 2009 to cope with shrinking global demand, according...

CMC expects revenues proportion for Blu-ray Disc to rise to 25% in 2011

Dec 24, 11:19

Taiwan's largest optical disc maker CMC Magnetics, in view of relatively high gross margins for Blu-ray discs, will increase output and expects the corresponding proportion of total...

CMC Magnetics debuts electrical amphibious car targeting China market

Nov 5, 01:20

CMC Magnetics on November 4 unveiled Thru Bus, an electrical amphibious vehicle developed by affiliates of the CMC Group, which will target the China market, according to company...

CMC solar subsidiaries turn profitable

Oct 27, 01:00

CMC Magnetics subsidiaries Sunwell Technology and Sun Q Solar have turned profitable. Thin-film module maker Sunwell said on October 26 that orders remain strong and full capacity...

CMC, Ritek expected to expand 50GB Blu-ray Disc capacities in 2011

Oct 13, 01:00

Since global demand for 50GB single-sided double-layer Blu-ray Disc (BD) discs will grow significantly and Japan-based makers including Sony, Panasonic and TDK are expected to not...

CMC eyeing movie theater business in China

Oct 11, 12:03

Taiwan-based maker of blank optical discs CMC Magnetics has seen a good return from investment on a theater chain in Taiwan, and is talking with real estate developers in China to...

CMC Magnetics sees September revenues decline

Stockwatch - Oct 8, 17:03

CMC Magnectics, the largest Taiwan-based maker of blank optical discs, on October 8 reported unaudited consolidated revenues of NT$2.087 billion (US$65.5 billion) for September, slipping...

Taiwan expected to become the largest Blu-ray disc maker by the end of 2010

Sep 30, 01:45

Although Taiwan currently only has two makers, Ritek and CMC Magnetics, manufacturing Blu-ray discs, as the Japanese Yen exchange rate appreciates, Japan-based makers are starting...

Taiyo Yuden may release OEM orders to CMC, Ritek, says newspaper

Sep 29, 10:57

Japan-based Taiyo Yuden has decided to reduce its monthly capacity of blank CD-R and DVD optical discs by 40.9% from 110 million discs currently to 65 million discs to cope with increased...

CMC Magnetics obtains 6x 50GB Blu-ray Disc-R DL certification

Sep 14, 10:29

CMC Magnetics, the largest Taiwan-based maker of blank optical discs, on September 13 announced it has obtained certification from the Blu-ray Disc (BD) Association for its 50GB single-sided...

CMC expects proportion of revenues for Blu-ray Disc to exceed 50% in 2012

Sep 1, 11:37

Taiwan-based optical disc maker CMC Magnetics expects the proportion of its consolidated revenues for Blu-ray Disc (BD) discs to reach 10% in 2010, increase to 20-25% in 2011 and...

CMC, Ritek no plans to offer Blu-ray XL

Jul 21, 09:56

While Japan-based Sharp and TDK will launch 100GB Blu-ray Disc (BD) XL discs in late July and September 2010 respectively, CMC Magnetics and Ritek, the two largest Taiwan-based makers...

CMC says optical disc prices to continue rising through year-end

Jun 3, 14:00

Optical disc maker CMC Magnetics will raise quotes in July, with the upward price trend expected to continue through the end of the year to reflect the rising costs of polycarbonate,...

CMC Magnetics to hike optical disc prices in June, says paper

Newswatch - May 25, 11:22

Taiwan-based optical disc maker CMC Magnetics will raise its quotes by 5-10% in June to reflect continued increases in the material cost of polycarbonate, the Chinese-language Commercial...

CMC looks to Blu-ray Disc for revenue growth in 2010

May 12, 09:53

Optical disc maker CMC Magnetics expects Blu-ray Disc (BD) to be the main driving force of growth in its 2010 revenues and hopes that BD will account for 15% of its total shipment...

CMC and Ritek see mixed growth in April revenues

May 11, 14:39

Optical disc makers CMC Magnetics and Ritek have reported mixed revenues for April, with the former seeing a decrease and the latter increases on month and year.

CMC chairman: Company not ready for CIGS volume production

May 3, 10:56

CMC Magnetics will not begin volume production of CIGS (copper indium gallium selenide) modules just yet, according to company chairman Robert Wong. Besides more research and development...

CMC hikes prices for optical discs by 10%

Apr 15, 15:48

CMC Magnetics, the largest Taiwan-based maker of blank optical discs, has upward adjusted its quotes for the second quarter of 2010 by 10% to reflect increased polycarbonate costs,...

Optical disc makers CMC, Ritek see mixed on-year growth in February 2010 revenues

Stockwatch - Mar 10, 16:23

CMC Magnetics and Ritek, the two largest Taiwan-based makers of blank optical discs, saw February revenues drop 29.86% and rise 11.14%, respectively, on year.

CMC expects Blu-ray to contribute 10% of revenues in 2Q10, 20% in 4Q10, says chairman

Feb 4, 11:48

Taiwan-based blank optical disc maker CMC Magnetics expects shipments of its Blu-ray Disc (BD) discs to account for 10% of its revenues in the second quarter and 20% in the fourth...

CMC monthly Blu-ray Disc capacity reaches three million

Jan 21, 11:52

Taiwan-based optical disc maker CMC Magnetics has expanded its monthly capacity for Blu-ray Disc (BD) to three million discs, according to industry sources in Taiwan.