Want to burn a DVD in less than 6 minutes? You'll need 16X to do so, and it looks like Philips are on the case with that.

"Philips Electronics has launched the world's first 16-speed DVD writer, which can burn a digital versatile disk in less than six minutes. Dell will be the first customer for the new DVD burner, sources familiar with the Philips activity told Reuters. Philips and Dell have a partnership to supply each other with products. Philips said it planned to produce 600,000 of the devices every month."

More here.