“Prodisc has invested more than NT$10 billion (about US$300 million) in production equipment of blank CD-R, DVD+/-R discs and has maintained a steady client base consisting of international vendors and overseas retail channels, the reason for not quitting production, Prodisc is negotiating with lending banks to seek their support for the company’s planned turnaround and continuing production of optical discs. In order to reduce reliance on optical discs in business operation, Prodisc has stepped into production of brightness enhancement film (BEF) through technological cooperation with Japan-based Omron as well as LED lamps and aspherical polycarbonate ophthalmic lenses”, said Chairman Lin.

It should be noted that Philips has stated that Prodisc owes them around $280 million dollars which is very close to the amount stated by chairman Lin as being invested in production equipment.