Friday, December 19, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
T-Mobile to Pay $90 Million To Settle Case With FCC
New Trojan Targetted Banks Wordlwide
FBI Confirms North Korea Was Behind Sony Hack
Apple Responds To BBC's Allegations Over Working Conditions In Chinese Factory
BlackBerry Returns To Cash Flow
Comparison: Quantum Dot Vs. OLED Displays
Toshiba and SK Hynix Reach Settlement in Lawsuit Ahead Of CES
Google Concerned About MPAA's Actions To Revive SOPA
Active Discussions
Digital Audio Extraction and Plextools
Will there be any trade in scheme for the coming PSP Go?
Hello, Glad to be Aboard!!!
Best optical drive for ripping CD's? My LG 4163B is mediocre.
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
 Home > News > Optical Storage > TSST Se...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, March 28, 2014
TSST Sells Its Optical Drive Business To Korean OPTIS


Toshiba and Samsung will transfer their optical disc drive (ODD) business (TSST) to OPTIS Co., Ltd., a Korean maker of ODDs.

Under the terms of the agreements, Toshiba Samsung Storage Technology Corporation (TSST), Toshiba and Samsung's Japan-based joint holding company for the ODD business, will transfer to OPTIS its wholly-owned operating subsidiary, Toshiba Samsung Storage Technology Korea Corporation (TSST-K), in three years? time. As the first step in the transfer process, OPTIS will subscribe to a new issue of TSST-K?s shares in April this year, which will dilute TSST?s shareholding in TSST-K to 50.1%.

Upon the execution of the agreements, TSST-K will continue to operate and maintain its current employment.

Toshiba Samsung Storage Technology Korea (TSST-K) has a capital of 5,375 million won.

OPTIS is a company focusing on the Optical Pickup Unit, which is a core part of Optical Disk Drives and other related devices.




Previous
Next
Nero Offers 1 Million Nero BackItUp "5 PRO" Licenses        All News        Sony's High-Resolution Audio Line-up Coming To Europe
Nero Offers 1 Million Nero BackItUp "5 PRO" Licenses     Optical Storage News      Video Game Discs Still Top Market

Get RSS feed Easy Print E-Mail this Message

Related News
Taiwan FTC fines ODD Makers For Cartel
Free Nero 9 Upgrade To Samsung ODD Owners
TSST Released New 24x DVD Burner, BD Combo For Windows 7 Systems
Hitachi, Toshiba, Sony Receive Subpoenas in Optical Disk Inquiry
12x DVD-R DL Tests Added to TSST SH-S203D Review
TSST Releases 18x Super-Multi DVD Burner
Samsung Plans to Sell 60 million ODD Products in 2006
New 16x DVD-RAM Discs Incompatible With Previous DVD-RAM Burners
Toshiba Officially Stops Producing ODD Products
TSST Announce First HD DVD Drive for Notebooks

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .