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

 
The smartwatch is reportedly being released alongside the Galaxy Note9 with some new tech on board
 
Not to be confused with a flip phone which separates the display from the hinge
 
The PCI-SIG has announced that PCIe 4.0 specification is finished
 
The report even mentions that AMD developed the Navi GPU architecture specifically
 
Intel has alreadt started production of XMM 7560 modem chips
 
The Galaxy Note 9 was previously expected to ship with a 3,850mAh battery
 
New update claimed to reduce system stability issues by 20%
 
The new silicon could let Intel design 20-core and 22-core SKUs for the X299 Express chipset
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
     12
3456789
10111213141516
17181920212223
24252627282930




Poll

Do you use microSD card with your phone?
or leave your own version in comments (10)