Sunday, January 25, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
NVIDIA Comments On GeForce GTX 970 Memory Allocation Reports
Google Comments On Lack Of Security Patches On Older Android Phones
Sony is Offering Old Games To Settle The 2011 PlayStation Network Breach
Sony Postpones Earnings Announcement
January Windows 10 Build Released Through The Windows Insider Program
Flexible Computers Are Stil Away From Reality
China Denies Microsoft Outlook Hacking Allegations
A Look at Microsoft's New Spartan Browser
Active Discussions
HELP!!!
full screen wide screen
UDF errors
Hi
The Simplest Way to Download KODAK HERO 7.1 Driver
About the restriction problem of chapter quantity in DVD
Booktype utilities for LiteON and OEM DVD Recorders
downgrade a nero vision 5 project to nero vision 2
 Home > News > PC Parts > Toshiba...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, February 17, 2009
Toshiba and Fujitsu Agree on HDD Business Transfer


Toshiba and Fujitsu Limited today announced that they have signed a memorandum of understanding (MOU) on the transfer of Fujitsu's hard disk drive (HDD) business to Toshiba.

The companies plan to conclude a transfer contract at an early date, and aim to complete the transaction in the first quarter of fiscal 2009.

Fujitsu said that it would facilitate the transfer by bringing its HDD-related businesses and functions together in a new company. Toshiba will acquire about an 80 percent stake in this company and make it a Toshiba Group subsidiary. In order to promote a smooth transfer, Fujitsu will continue to hold a stake of under 20 percent in the new company for a certain period of time, after which it will become a wholly owned subsidiary of Toshiba.

Under the MOU, Fujitsu will transfer to Toshiba its HDD design, development, manufacturing, sales, and all other functions currently carried out by Fujitsu and Fujitsu Group companies, with the exception of Fujitsu's HDD head and media businesses.

The consolidation of the two companies' HDD businesses will enable Toshiba to reinforce its already strong position as a leading vendor of small form factor HDDs (2.5-inch and smaller HDDs), widely used in notebook PCs, mobile devices, automotive and consumer electronics. It will also give Toshiba entry into the enterprise HDD market for server and data storage system applications.

Entry into the enterprise business will allow Toshiba to further enlarge its solid state drive (SSD) business by developing SSD products for servers and enterprise storage systems, fusing Toshiba's NAND flash memory technology with Fujitsu's enterprise HDD technology.

Going forward, Toshiba aims to build on the consolidation to raise its share in the overall HDD market to over 20 percent by 2015.

The Fujitsu/Toshiba combination would almost double Toshiba?s market share in hard-disk drives to about 16 percent, rivaling Hitachi Ltd.?s rank as the industry?s third-largest producer.

Seagate Technology, the world?s largest producer of hard- disk drives, bought magnetic-head manufacturer Maxtor Corp. in 2007, while its closest rival Western Digital paid $1 billion for component maker Komag Inc. last year.


Previous
Next
New Asus Eee PCs to Run Windows 7        All News        Microsoft Reveals New Windows Mobile 6.5
New Asus Eee PCs to Run Windows 7     PC Parts News      LG to Release MIDs Based on Intel Platform

Get RSS feed Easy Print E-Mail this Message

Related News
Toshiba Reorganization to Strengthen IoT-Related Business
HGST Hard Disks Top Reliability Tests
Fujitsu Extends Its LIFEBOOK Line-up
Fujitsu Develops Wearable For Safer Driving, Technology That Identifies PC User Behaviors Vulnerable To Cyber Attacks
Toshiba Develops Cloud System for Instantaneous Remote Control of One Million Devices
Fujitsu Develops Ring-Type Wearable Device That Lets You Write In The Air
Toshiba Launches NFC Built-in SDHC Memory Card
Toshiba Launches 3TB 2.5-inch HDD, Showcases First PCIe Single Package SSD
Toshiba Adds New Models To Click and Encore Families
Toshiba Develops Glasses-Free UHD 2D-3D Switching Display
IHI and Toshiba to Demo Ocean Current Power Generation System
Fujitsu Signs Collaborative Research Agreements with Medical Research Institutions

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 .