Discussion under Storage Solutions, part of the Hardware Zone category on TechEnclave; WesleyTech.com » Plextor exits CD DVD markets
Shinanokenshi (the parent company of Plextor) has decided to exit the market for ...
Shinanokenshi (the parent company of Plextor) has decided to exit the market for consumer CD and DVD products. The Plextor brand name will remain for industry use products and digital playback units for the visually impaired.
Shinanokenshi cites increased competition from Taiwanese and Korean manufacturers, increased pricing competition and slumping profit margins as reasons for exiting the ODD (Optical Disk Drive) business.
... According to Nakazawa, “It is unfortunate that an incorrect translation of a Japanese article, which contained some errors, has led to the rumor that Plextor is somehow quitting the optical disc drive business. This is completely false. In fact, Plextor plans to continue to lead the market with innovative, exciting products that solve real world problems for our consumer and business customers ...