Oversupply of DVD+R/-R discs avoided by MBI expansion halt

D4rk0n3 used our news submit to tell us about an article he spotted over at
DigiTimes today. According to sources in Taiwan, Moser Baer India or
(MBI), the largest maker of CD-R discs and the fifth largest for DVD+R/-R discs
in the third quarter of 2005, has announced cancelling further production
expansion. The thinking is this could help avoid a potential oversupply of
DVD+R/-R discs.

MBI will not add manufacturing equipment but plans to convert part of its existing CD-R production lines into those for DVD+R/-R discs, the sources pointed out, adding that MBI also plans to step into production of photovoltaic modules in the third quarter of this year.

Source: DigiTimes