Hitachi, LG Ink Optical Disc Alliance

The new company, Hitachi LG Data Storage, will be established in Tokyo on November 1 with a paid-in capital of 1.5 billion yen ($US13.9 million), said the two companies in a joint statement. Hitachi will hold 51 per cent of the company while LG holds the remaining 49 per cent.

At launch, the company will have about 350 staff drawn from both parent companies and will work on research and development of optical storage systems based on technologies such as CD-ROM and DVD (digital versatile disc) and rapidly emerging rewritable technologies such as CD-RW and DVD-RAM.

In addition to joint development, the two companies plan to jointly market the products to computer OEMs (original equipment manufacturers) under a new, yet-to-be-chosen brand name, said Setsuko Minamikawa, a spokeswoman for Hitachi. Some of the drives produced will also go to the two partners, who will continue to market them as peripheral products in the PC after-market under their own brand names.

The new joint venture draws upon the strengths of each partner: LG is a major producer of CD drives, while Hitachi, having largely finished CD-based device development and production, is now a leading manufacturer of PC DVD drives.

The market for such products is estimated to be 200 million units per year, according to research cited by each company, and they expect sales to reach 2.3 trillion won ($US2.1 billion) in 2001 and 3 trillion won in 2003.

Join the PC World newsletter!

Error: Please check your email address.

Our Back to Business guide highlights the best products for you to boost your productivity at home, on the road, at the office, or in the classroom.

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Martyn Williams

PC World
Show Comments

Most Popular Reviews

Latest News Articles

Resources

PCW Evaluation Team

Azadeh Williams

HP OfficeJet Pro 8730

A smarter way to print for busy small business owners, combining speedy printing with scanning and copying, making it easier to produce high quality documents and images at a touch of a button.

Andrew Grant

HP OfficeJet Pro 8730

I've had a multifunction printer in the office going on 10 years now. It was a neat bit of kit back in the day -- print, copy, scan, fax -- when printing over WiFi felt a bit like magic. It’s seen better days though and an upgrade’s well overdue. This HP OfficeJet Pro 8730 looks like it ticks all the same boxes: print, copy, scan, and fax. (Really? Does anyone fax anything any more? I guess it's good to know the facility’s there, just in case.) Printing over WiFi is more-or- less standard these days.

Ed Dawson

HP OfficeJet Pro 8730

As a freelance writer who is always on the go, I like my technology to be both efficient and effective so I can do my job well. The HP OfficeJet Pro 8730 Inkjet Printer ticks all the boxes in terms of form factor, performance and user interface.

Michael Hargreaves

Windows 10 for Business / Dell XPS 13

I’d happily recommend this touchscreen laptop and Windows 10 as a great way to get serious work done at a desk or on the road.

Aysha Strobbe

Windows 10 / HP Spectre x360

Ultimately, I think the Windows 10 environment is excellent for me as it caters for so many different uses. The inclusion of the Xbox app is also great for when you need some downtime too!

Mark Escubio

Windows 10 / Lenovo Yoga 910

For me, the Xbox Play Anywhere is a great new feature as it allows you to play your current Xbox games with higher resolutions and better graphics without forking out extra cash for another copy. Although available titles are still scarce, but I’m sure it will grow in time.

Featured Content

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?