Prodisc have said they will continue producing optical discs following its request with a local court for corporate restructuring and emergency measures, according to company chairman Ming-fa Lin.
This is the clarification Lin made in response to a rumor that Prodisc will stop production of optical discs due to its financial difficulties.
Prodisc has invested more than NT$10 billion (about US$300 million) in production equipment of blank CD-R, DVD+/-R discs and has maintained a steady client base consisting of international vendors and overseas retail channels, the reason for not quitting production, Lin explained. Prodisc is negotiating with lending banks to seek their support for the company's planned turnaround and continuing production of optical discs, Lin pointed out.
In order to reduce reliance on optical discs in business operation, Prodisc has stepped into production of brightness enhancement film (BEF) through technological cooperation with Japan-based Omron as well as LED lamps and aspherical polycarbonate ophthalmic lenses, Lin indicated.
Prodisc's suppliers of materials and components, in view of the company's good record of payment, have not stopped supplying but have decreased their supply volumes, according to industry sources in Taiwan.
Story source:
digitimes.com.
