16x DVD writer can burn a disc in less than six minutes.
From Reuters, "U.S. computer maker Dell will be the first customer for the new DVD burner, sources familiar with the Philips activity told Reuters."
"Philips said it planned to produce 600,000 of the devices every month. Computer makers will pay between 80 and 90 euros ($97-$109) per DVD writer when buying in large quantities, while consumers will have to pay around 180 euros."
"The product, which has two layers that take the maximum storage capacity up to 8.5 gigabytes or four hours of DVD quality video, will be a mainstream feature in personal computers by the end of 2004, Philips said."
