Mitsubishi To Stop Optical Disc Production

Mitsubishi logoMitsubishi Chemical will stop production of Blu-ray Discs and DVDs, according to a report in Japanese newspaper Asahi Shimbun.

According to the paper, the move comes as the company sees declining profitability due to competition with low-priced BDs and DVDs manufactured outside Japan. Blu-ray sales are not compensating for the declining DVD market.

The maker of the Verbatim-branded media outsource disc production to Taiwanese and Indian makers, according to the report. This will lead to Taiyo Yuden as the sole Japanese manufacturer of DVDs.

According to the Japan Recording-Media Industries Association, says the report, global demand for DVDs, which peaked in fiscal 2007 at about 6 billion units, and has steadily declined since then. Sales of DVDs are forecast to drop to 3.7 billion units in fiscal 2013. In the meantime, the retail price for DVDs virtually halved between 2006 and 2011. Blu-ray sales have not made up for the decline, says Asahi Shimbun.

Update

Mitsubishi Kagaku Media (MKM) reaffirmed the company's commitment in the production of high-quality DVD and Blu-ray disc media. Read more here.

Source: CDRinfo

Tags: Blu-ray, DVD

Comments
Add comment

Your name:
Sign in with:
or
Your comment:


Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party


Last news

 
Apple co-founder Steve Jobs was famously resistant to the idea of including a stylus with the iPhone
 
Is there a way to turn off the iPhone or iPad that doesn't require a button?
 
The introduction of video advertising follows Microsoft's decision to allow LinkedIn users to upload video
 
Quick test proves fast charging isn’t as fast as promised
 
Amazon has tapped Taiwan-based Makalot Industrial Co. to make apparel for its sportswear line
 
Microsoft moves the controls to the Settings app
 
 
With the head of Samsung Group facing prison time, CEO calls for company to "start anew"
The Samsung Galaxy A5 (2017) Review
The evolution of the successful smartphone, now with a waterproof body and USB Type-C
February 7, 2017 /
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
 
 

News Archive

 
 
SuMoTuWeThFrSa
1234567
891011121314
15161718192021
22232425262728
293031    




Poll

Do you use microSD card with your phone?
or leave your own version in comments (4)