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NEWS TAGGED CMC MAGNETICS
Thursday 17 November 2011
Taiwan optical disc makers expect 10-20% sequential growth in 4Q11 revenues
CMC Magnetics, Ritek and Gigastorage have fully utilized their optical disc production capacities and have received many orders, and therefore expect their revenues for the fourth...
Friday 28 October 2011
CMC swings to profitability in 3Q11 following 17-quarter loss
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...
Tuesday 4 October 2011
CMC to swing in profit in 3Q11, says newspaper
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...
Thursday 8 September 2011
Optical disc maker CMC Magnetics expects 10% growth in 3Q11 revenues
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...
Thursday 11 August 2011
Fire in Sony London warehouse to further worsen blank disc shortages
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...
Monday 8 August 2011
Taiwan optical disc makers using more capacity to make CD-Rs
Taiwan-based optical disc makers, mainly CMC Magnetics, Ritek and Gigastorage, have increased proportions of their total production capacities for CD-R discs from 30% to 60-70% because...
Tuesday 24 May 2011
Taiwan BD makers facing strong competition from India-based MBI
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...
Monday 23 May 2011
Taiwan 2Q11 optical disc capacity falls 50% on year
Total production capacity of CD-R and DVD blank optical discs in Taiwan in the second quarter of 2011 has decreased by an estimated 50% from the same period of 2010, according to...
Friday 13 May 2011
Optical disc makers cut output to stabilize prices
As first-tier Taiwan-based makers of blank optical discs, including CMC Magnetics, Ritek and Gigastorage, have reduced output by 20-30% since the beginning of 2011 and most second-tier...
Wednesday 13 April 2011
CMC, Ritek may hike optical disc quotes to reflect hiked cost
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...
Monday 14 March 2011
CMC hikes DVD disc prices by 10%, says paper
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...
Wednesday 23 February 2011
CMC, Gigastorage cut output of optical discs
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...
Wednesday 19 January 2011
Taiwan optical disc production value expected to rise in 2011
Although total unit shipments to the global optical disc market are shrinking, the growth for the Blu-ray Disc (BD) segment is expected to boost Taiwan-based makers' production value...
Friday 24 December 2010
CMC expects revenues proportion for Blu-ray Disc to rise to 25% in 2011
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...
Friday 5 November 2010
CMC Magnetics debuts electrical amphibious car targeting China market
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...