Thursday, July 30, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Researchers Showcase Javascript-based Attack On a Computer's DRAM
Hackers Used Twitter hashtags To Extract Data From Compromised Networks
Facebook Unveils New Security Checkup Tool
Court of Appeals Rejects Google's Move To Overturn Microsoft's Patent Royalty Victory
Toshiba Expands Lineup of Phase Detection Auto-Focus-equipped CMOS Image Sensors for Smartphones
Sony Profit Rises Following Demand For Mobile Cameras
Facebook Profit Fell In 2Q
Galaxy S6 Sales Not Enough To Keep Samsung's Profit High
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > PC Parts > Toshiba...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, February 29, 2012
Toshiba To Buy HDD Manufacturing Equipment and Facility From Western Digital


Toshiba will acquire Western Digital's 3.5-inch HDD manufacturing equipment and related intellectual property. In addition, the Japanese company will transfer to Western Digital an HDD manufacturing subsidiary located in Thailand.

The transactions are essential in order WD to close the purchase of Hitachi's hard disk drive business (HGST) for $4.3 billion. Last November, Western Digital secured conditional approval from the European Union's competition regulator to purchase Hitachi's hard disk drive business. However, the approval was conditional upon the divestment of essential production assets for 3.5-inch hard disk drives (HDD), including a production plant, and accompanying measures.

The asset package covered by today's agreement will enable Toshiba to manufacture and sell 3.5-inch hard drives for the desktop and consumer electronics markets and will enhance its ability to manufacture and sell 3.5-inch hard drives for near-line (business critical) applications.

WD also reported that it has agreed, subject to completion of the divestiture transaction, to purchase Toshiba Storage Device (Thailand) Company Limited (TSDT). TSDT manufactured hard drives but has not resumed operations after the recent Thailand flooding. The principal assets of TSDT are its Thailand property, facilities and employees. Subject to completion of the transaction, WD plans to integrate these facilities and employees into its Thailand operations. The financial terms of the two agreements were not disclosed.

Toshiba and Western Digital aim to complete the acquisition and transfer by March of this year after obtaining approval from the relevant authorities.

The closing of the transactions with Toshiba is conditioned on WD's closing of its planned acquisition of HGST, which remains subject to several closing conditions, including the receipt of certain remaining antitrust approvals. Subject to obtaining these approvals, WD is targeting the transactions with Toshiba to close in March 2012.

Toshiba is expected to benefit from the transactions. The purchase of part of Western Digital's 3.5-inch HDD manufacturing equipment and with it the capability to produce 3.5-inch HDDs for desktop PCs, DVR and other consumer applications, will expand Toshiba's portfolio and enable the company to supply products covering all segments of the HDD market. It will also expand Toshiba's supply capacity in the market for near-line HDDs, which is expected to expand with the continuing growth of the server market, further reinforcing a strategic segment of the company's HDD business.

In July 2011 Toshiba unified the Semiconductor Company and the Storage Products Company, covering NAND flash memories, SSDs and HDDs, and is now positioned to carry out coordinated sales promotions to a wide range of customers.

Toshiba plans to transfer the shares of TSDT to Western Digital and consolidate HDD production at its two HDD manufacturing facilities in the Philippines and a contract manufacturer in China.

Following the reinforcement of its HDD businesses through this re-organization, Toshiba aims to establish itself as a leading provider of integrated storage solutions?the company that has all three key storage solutions: NAND flash, SSD and HDD.


Previous
Next
Singulus Delivers its First Production Machine for Rewritable Blu-ray Discs        All News        New Xbox 360 Special Edition 4GB Kinect Family Bundle Released
The Raspberry Pi $25 Linux Computer Goes On Sale     PC Parts News      Samsung Galaxy Tab 7.7 Available on The Verizon Wireless Network

Get RSS feed Easy Print E-Mail this Message

Related News
Toshiba Expands Line-up of ARM Cortex -M-based Microcontrollers
Toshiba CEO Resigns Following Accounting Scandal
Toshiba Inflated Profits
Toshiba Moves To New Process Technologies for Microcontrollers and Wireless Communication ICs
Toshiba Demonstrates New Technology For 3D Hard Disks
Toshiba Announces 6TB Enterprise Cloud HDD
Toshiba Portege WT20 Business Tablet Now Available
Toshiba Introduces New Satellite Series Laptops, Fusion And Radius 2-In-1 PCs
Toshiba Develops Chip Authentication Technology Using Transistor Noise
Toshiba To License Its TV Business in Europe to Compal
Toshiba Develops SSD Simulation Platform
Toshiba Partners with Microsoft to Deliver New Internet of Things Solutions

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 .