Source: South Korean Digital Times
LG Electronics (http://www.lge.com) in Seoul told various reporters on 13 that it will expand the domestic South Korean DVD writer market and keep its leadership in the worldwide optical storage market by becoming No. 1 in DVD writer market as well. According to the press conference, LG Electronics will be able to bring the price of DVD-Multi drives down to the level of current CD writers in 2003 by component integration and volume production. During the second half of 2003, LG will also produce 4x DVD writers and DVD-Multi drives that can write to DVD+R and DVD+RW discs. For now, LG is supplying its DVD-Multi drives through HLDS (Hitachi-LG Data Storage) to seven PC vendors including NEC, Apple, IBM, and Fujitsu.