Vendors on the CD-Rewritable Committee have agreed on specifications for a standard format and will introduce machines at the beginning of next year.
Philips is likely to be one of the first companies to produce the machines, which will allow users to write and re-write data on CDs. Other companies likely to follow suit will include IBM, Ricoh, HP, Mitsumi, Sony, 3M and Olympus.
The agreement is likely to mean a boost for hardware companies before DVD drives begin to make the format obsolete. It will also mean far cheaper storage for users when different machines appear on the market in volume.
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