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

CyberPower announces AMD Phenom II X6 Based Desktop Gaming PCs

CyberPower Inc., www.cyberpowerpc.com has announced a series of gaming systems that feature AMD's new Phenom II X6 and AMD 890 chipset. The combination promises to deliver the platform experience that gaming enthusiasts demand with price and performance that is unbeatable. CyberPower's Gamer...

Yamaha’s new Aventage line of A/V receivers

Yamaha's new Aventage line of A/V receivers

Yamaha has announced a new line of A/V receivers with codename AVENTAGE (pronounced Ah-Ven-Taj) that is complement to Yamaha‘s award-winning RX-V line. The new series have been redesigned from the ground up and will "brings studio grade sound and sophisticated video enhancements to your home...

Acer unveils Aspire Timeline Ultra M5 ultrabook

Acer has just announced the latest in its line of ultrabooks - the Aspire Timeline Ultra M5, which apart from being a pretty capable ultrabook, will offer even more choice to people looking to buy an ultrabook. The new Aspire Timeline Ultra M5 will be available in two different sizes – a...

Leave a comment