DigiTimes has reported that Gigastorage and Lead Data are planning to form a joint venture in Paraguay to produce optical discs.
Gigastorage and Lead Data, two second-tier makers of optical discs in Taiwan, plan to establish a joint venture to produce optical discs in Paraguay in a bid to tap the market in Latin America, according to industry sources.
According to the article, Latin American countries impose very high customs tariffs on optical discs. By moving the factory to the area, they can cut down on some of these costs. If you'd like to read more, head on over to DigiTimes.