According to AV Watch, Mitsubishi Electric announced the development of 200mW laser for 16x DVD±RW on December 24, sample shipment to start from June 2003 and mass production from 2004. The company has also plans for 140mW laser for 8x DVD±RW to start mass production from April 2003. The original press release from Mitsubishi can be found at the following links.
Mitsubishi 200mW Laser for 16x DVD±RW PR - HTML
Mitsubishi 200mW Laser for 16x DVD±RW PR - PDF
Not a real translation but if you want to read it in English.
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something to look forward too...except that with the current headaches with Media there might be some more hair pulling coming up
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A guy called radder at KBench.com forum translated the Japanese text into Korean which I have just finished reading to understand it better though I could write the first summary from the few Chinese characters I know there. Here I have added some more.
Source: Mitsubishi Electric, Japan
Mitsubishi Electric has developed the world's first laser for 16x speed DVD±RW writing.
For 16x DVD±RW, it will begin to write at 176Mbps taking 3.5 minutes to write a full 4.7GB DVD disk. First sample production of 16x laser will start from June, 2003.
Required laser power for 1x DVD±RW: 50mW
Required laser power for 2x DVD±RW: 70mW
Required laser power for 4x DVD±RW: 100mW, shipping now
Required laser power for 8x DVD±RW: 140mW, mass production to begin from April 2003
Required laser power for 16x DVD±RW: 200mW, mass production to begin from 2004
Monthly Production Capacity
December 2002: 1 million units (including 0.7 millioon units of 4x laser)
April 2003: 1.5 million units (including 8x laser, planned)
2004: 2 million units (including 16x laser, planned)
I cannot find an English version of this press release at the Mitsubishi Electric Global Website.
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