It seems like there is now going to be one less optical drive competitor on the market. As The Verge reported, Sony is closing down the Sony Optiarc division due to “fierce competition”. Despite Optiarc retaining a 15-percent market share, the plummeting profits due to overseas competition has driven the Sony division into an unsustainable trend. The Optiarc division is slated to cease operations by March 2013.
Though the tech industry has been moving away from optical media, there is always a place for long term storage methods that incorporate optical media. The closure of the Sony Optiarc division comes as a disappointment as the loss of one of the competitors to the optical drive industry may mean a rise in optical drive costs, but also may mean a stagnant or decline in innovation. We might start to see drives with decreasing build quality, which means shorter life spans for optical drives. Only the future will tell.