Lite-On did not pull the plug on consumer optical disk drives

DigiTimes previously reported Lite-On was pulling out of the consumer optical disk drive and standalone DVD recorder market. This article incorrectly interpreted a Lite-On press release. Lite-On has issued a press release correcting the subject at hand. The press release states Lite-On will continue to ship consumer optical disk drives as it is the world’s second largest manufacturer. The previously released press release only affects Lite-On’s consumer standalone DVD recorder products.

Lite-On’s Director of its DVD recorder business unit, Mister Tony An’s official statement on the matter is:

We have to admit that retailer business is a big contributor to a negative profit of the DVD recorder Business Unit in Lite-On IT Corp, especially in the USA market. That is why we need to have a serious review on the current business model with each customer in different region. For any unhealthy business, in fact no matter it is Lite-On brand or private label/ODM business, Lite-On IT has to discontinue the projects or lead them to a profitable & healthy direction.

Internal 5.25" DVD recorders will continue to show up on store shelves.  Only set-top boxes  are really affected by this announcement.

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