MITSUBISHI KAGAKU MEDIA BOOSTS BLU-RAY DISC OUTPUT

TOKYO, Feb 28, 2008 (AsiaPulse via COMTEX) -- TOSBF | news | PowerRating | PR Charts -- The Mitsubishi Kagaku Media Co. is stepping up production of Blu-ray Discs, anticipating higher demand since Toshiba Corp.'s (TSE:6502) decision to exit the HD DVD business has left Blu-ray as the sole next-generation DVD format.

At its Singapore plant, the firm will install a production line for recordable Blu-ray Discs used for recording television programs and storing personal computer data.

The new line is slated to be in service in July or August and is expected to produce 500,000 units a month.

Mitsubishi Kagaku Media currently makes 200,000 Blu-ray Discs a month at its Mizushima factory.

The new line at the Singapore plant will raise monthly companywide production to 700,000 units.

In addition, the firm will begin outsourcing some production to foreign manufacturers.

It is already sending engineers overseas to potential subcontractors to help transfer technology, and expects to begin procuring discs from subcontractors during the April-June quarter.

Mitsubishi Kagaku Media sells recordable media products such as optical discs and external hard-disk drives under the Mitsubishi brand domestically and the Verbatim brand overseas.

(Nikkei)

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