The Japanese tech giant Sony has decided to exit the optical drive market due to fierce competition and low prices, which made the business to operate at a loss despite controlling nearly 15 per cent of the market.
To exit the market Sony will close Optiarc Inc., which is a Sony subsidiary making optical drives for PCs. The company closure will have taken place by March next year with its nearly 400 employees being offered early retirement or a move to other parts of the Sony business.
Sony will keep on making DVD and Blu-Ray players though so the company won’t quit the optical movie disk business although this is also likely.
Source: Engadget