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CMC to hike CD-R disc prices by 5-10% in June

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CMC to hike CD-R disc prices by 5-10% in June

CMC Magnetics, in light of a tight global supply for CD-R discs, plans to raise its OEM quotes for CD-R discs by 5-10% in June, according to company chairman Robert Wong. As second-tier makers in Taiwan and smaller makers in China have given up production of CD-R discs due to intense competition and leading Taiwanese makers switch CD-R production capacity to making DVD discs, the global supply of CD-R discs is 20% short of demand this quarter, Wong indicated.

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