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Memorex to raise recordable CD prices

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On October 21, 2003, 12:38 AM

Citing factors such as supply shortages and rising costs from overseas disc manufacturers, Memorex plans to increase CD-R and CD-RW media prices by 10 percent to 15 percent beginning January.

Manufacturing costs have increased 35 percent this year because of patent royalty fees, rising production costs for petroleum-based plastics used to make optical media, as well as transportation costs to deliver products to warehouse and retail facilities, Memorex said in a statement Friday. Until now, the company said, Memorex has absorbed all of these increases instead of passing them on to customers.

Read more: [URL=http://news.com.com/2100-1041_3-5094136.html?tag=st_lh]CNet News[/URL].

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  1. October 21, 2003 1:07 PM
    lalaji said:
    ok... and I will just wait till they are on sale after rebate. Or buy someone elses CDs like Imation. Cant tell you how many 100 pk Spindles if gotten for free after rebate or no more than $10.
    Reply

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