Philips unveils 16x DVD burner

Philips Electronics has launched the world’s first 16-speed DVD writer, which can burn a disc in under six minutes, the Dutch company said Tuesday.

U.S. computer maker Dell will be the first customer for the new DVD burner, sources told Reuters. Philips and Dell (DELL : Research, Estimates) have a partnership to supply each other with products.

Philips said it planned to produce 600,000 of the devices every month. Computer makers will pay between 80 and 90, or $97-$109, per DVD writer when buying in large quantities, while consumers will have to pay around 180.

Read the complete story .