Samsung to Sell HDD Business?

One of the leading companies on the world market Samsung, may be looking to sell its hard-disk-drive business and to invest in the growing flash-based storage devices.

The sum that is discussed as a possible selling price for the hard drive devision is $1.5 billion and as potential buyer is expected to be Seagate Technology. The HDD industry is in very competitive situation now,  due to the increasing demand of more compact SSDs and flash based memory for tabless, smartphones and netbooks. The business is due to become even more competitive, because of this year acquisition of Hitachi Ltd’s HDD unit by Western Digital Corp. This will reduce the HDD industry to just three major players Western Digital, Seagate, and Toshiba.

Source: Reuters

Related posts

PENTAX Announces Its Most Shock And Waterproof Digital Compact Camera Ever: THE OPTIO W80

The manufacturer that builds digital cameras to go boldly where none have gone before has announced the PENTAX Optio W80. More adventure-proof than ever, this latest PENTAX digital camera is waterproof, dustproof, coldproof, and now shockproof enough to withstand impact from a fall of more than...

Sony Computer Entertainment to Expand “OFFICIAL LICENSING PROGRAM” For Playstation Peripherals and Accessories

Sony Computer Entertainment Inc. (SCE)  announced the expansion of the “Official License Program” to peripheral manufacturers in Japan, Asia, North America and Europe/ PAL territories to further enhance the PlayStation peripheral and accessory line-ups and offer richer entertainment experience...

Intel brings new Atom processor to market

Intel has quietly launched the Atom D2560 chip – based on the Saltwell architecture the new piece of silicon is here to replace the D2550 as the top chip of the series. Based on 32 nm technology Atom D2560 comes with two x86 cores at 2.0 GHz and supports Intel’s Hyper-Threading...

Leave a comment