InvestorsHub Logo
Followers 19
Posts 4455
Boards Moderated 0
Alias Born 03/27/2001

Re: None

Tuesday, 06/05/2001 2:59:49 AM

Tuesday, June 05, 2001 2:59:49 AM

Post# of 93822
Ritek: microdrive competition/DATAPLAY NEWS

CF-Type HDD to Compete Against IBM's Microdrive
June 5, 2001 (TAIPEI) -- Ritek Corp.'s HDD called "MicroStor," a small hard disk drive (HDD) that will compete against IBM Corp.'s Microdrive compact HDD, will debut in the second half of 2001.




Ritek's MicroStor is based on the Type-II CompactFlash (CF) specification and has a capacity of 1GB.

"The product will ship in third or fourth quarter of 2001 with a target retail price of half of IBM's 1GB Microdrive selling for US$400-500," said Thomas Su, CEO of Ritek's subsidiary, U.S.-based MicroStor Corp.

In its booth, Ritek showed a demonstration in which a large motion picture file was read directly from the prototype MicroStor HDD and viewed on a PC. The disc of the MicroStor HDD is Ritek's original product and, like IBM's Microdrive, is about an inch in diameter.

Also, the firm is exhibiting a small optical media called "Data Play," which Ritek is planning to supply to U.S.-based DataPlay Inc. on an OEM basis. Data Play is an optical media with a 500MB capacity that can be used only with the DataPlay's own drive. The company's plan is to ship write-once media in 2001 and rewritable media in 2002. The price will be about U.S. $15 per media. It will be used for a mobile music player. The media's capacity will be enhanced to 1GB in 2002


Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.