Ritek to Double Blu-ray Production Capability
Posted October 5, 2009 02:02 PM by Josh Dreuth
Ritek is planning to issue up to 250 new shares in order to raise additional capital for the expansion of their Blu-ray production capability. Currently, the company can produce one million Blu-ray discs per month, and hopes to expand that capability to two million Blu-ray discs per month by the end of the year.
According to Economic Daily News, Ritek has OEM orders motivating the expansion.