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

Pioneer’s New Elite A/V receivers 3D-Ready Models

Pioneer's New Elite A/V receivers 3D-Ready Models

Pioneer debuts  six new Elite A/V receivers, offering enhanced iPhone and iPod touch control and functionality, Bluetooth connectivity for streaming audio, Internet connectivity for streaming Internet radio, Blu-ray 3D and TV broadcast ready as well as comprehensive custom installation...

Google announces new Android One device

Google announces new Android One device

Google has refreshed its Android One line of affordable smartphones with the addition of a new second-generation device that follows the ones released last year. In case you do not know, Android One is a line of affordable smartphones that include some features from Nexus devices but coupled...

Intel's 40GB X25-V SSD for 125$

Intel Corporation announced today a new addition to its award-winning lineup of high-performance solid-state drives (SSDs): the Intel® X25-V Value SATA SSD. Priced at $125, the 40 gigabyte (GB) drive is aimed at value segment netbooks and dual-drive/boot drive desktop set-ups to offer users the...

Leave a comment