Lite-On to release 4x DVD±RW for less than 200$ - in Q2 2003

Lite_On is planning to release a DVD recorder that supports both DVD+RW and DVD-RW, and according to the company hopefully at 4x, for less then 200 USD in the second quarter of 2003.

The company has decided to release a drive with the currently two fighting formats, DVD+RW and DVD-RW, and is competing with the latest drives from Sony and NEC, who also offer both formats, but still at a much higher price. Also the current experiences with Lite-On CD-RW drives make this upcoming DVD recorder probably one of the most anticipated drives of 2003.

"To confirm, the DVDRW product we will have, will support both +/- formats and we hope to introduce a 4x speed DVDRW below $200 USD" according to the Marketing Manager of Lite-On USA.