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Prodisc and Optodisc To Merge

Posted by: Ed on Oct 03, 2005 - 05:38 PM
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Prodisc and Optodisc have today announced their merger. They are going to use the stock exchange method to set up a new company called “Hsin Lien Industrial Investing Stock" control company with Capital of 7.76 billion NTD (£133m). Lin Ming-Fa will be the president and CEO of the new company and Wang Cheng-Ming will be the vice president. After the merger, they will take 15.5% of the DVD-R market share.



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