Thursday, April 02, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Facebook Introduces Riff And Scrapbook
The White House Targets Cyber Attackers With New Sanctions Program
Uber Files Complaints Against Service Bans
Yahoo Autos Is Launching Today
GoDaddy Enters The Wall Street
Amazon Button for Instant Product Ordering
Sony To Sell Olympus Shares
Tech Industry Enjoys April Fools' Day
Active Discussions
how to copy and move data files to dvd-rw
cdrw trouble
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
 Home > News > PC Parts > Hitachi...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, April 17, 2008
Hitachi Goes Alone in Hard Drive Business


Hitachi decided notto sell a stake in its troubled computer disk drive business and aims to turn the business around by going after market share and cutting costs, the head of the unit said on Thursday.

Hitachi, the world's No. 3 maker of hard drives, has beed mulling options for its ailing hard disk drive business since last September, when the company considered to bring in a strategic investor to turn the business around. Last month, the Japanese company broke off talks with U.S. private equity firm Silver Lake on bringing in fresh capital.

"We've talked to Hitachi (head office) and made a final decision. We have concluded that we will rebuild the business on our own," Hiroaki Nakanishi, head of the unit, Hitachi Global Storage Technologies, told a news conference.

Hitachi's hard drive unit has set a target for an annual operating profit in 2008, swinging from a $381 million loss the previous year, by pursuing high volume sales in its hard drives for notebook PCs while strengthening distribution channels for its desktop hard drives and servers.


Previous
Next
Seagate Introduces D.A.V.E. Portable HDDs With Wireless Connection        All News        Yahoo Closer to Google Ad Outsourcing Deal
Seagate Introduces D.A.V.E. Portable HDDs With Wireless Connection     PC Parts News      Hitachi Announces 450GB Ultrastar 15K450 HDD

Get RSS feed Easy Print E-Mail this Message

Related News
Hitachi Wearable Sensor Helps Working Groups Be Happy And Productive
Hitachi Wearable Device Monitors Brain Functions
Hitachi Technology Stores Digital Data In 100 Recording Layers, Data Can be Stored For 300 million Years
Hitachi HDDs Have The Lowest Failure Rate: report
Hitachi Combines SSD Tier And SSD Cache Methods in Tiered Storage Systems
Hitachi Brings New Flash, Unified Storage and Converged Solutions
HGST Launches the 1.5TB Mobile Hard Drive
Maxell Introduces First iVDR, BD, HDD Combo Recorder
Hitachi Maxell To Take Over Hitachi's LCD projector Business
Hitachi Says Hybrid Storage Pools Are Superior Than HDD, SSD Configurations
HGST Launches 1.2TB, 10K RPM Hard Drive
HGST Releases 1TB, 7200 2.5-inch Mobile Hard Drive

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .