Wednesday, May 23, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
New Acer Chromebooks Coming on Wednesday
SpaceX Flies Satellites for Iridium
Mark Zuckerberg Apologizes to EU, But Made us not any wiser
ARM Previews Project Trillium Machine Learning Core
Plextool NVMe Edition Released
NHK Showcases Thin 88-inch 8K OLED Screen, Bendable OLED
Redbox Launches 4K Ultra HD Rentals in Six Markets
Samsung Opens Global AI Centers in the U.K., Canada and Russia
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Optical Storage > Toshiba...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, September 22, 2003
Toshiba, Samsung to form optical disk joint venture


Toshiba Corporation and Samsung Electronics Co., Ltd. today signed a memorandum of terms covering integration of their respective optical-disk-drive businesses in a joint venture.

The new joint venture will bring together product and business planning, product development, procurement and sales for optical-disk drives (ODD), including CD-ROM and DVD-ROM drives. The new company will be 51% owned by Toshiba and 49% owned by Samsung Electronics and consolidated by Toshiba. The JV will be headquartered in Japan, while its wholly owned subsidiary established in Korea will control operations there.

The scale of the combined operation will position the joint venture among the world leaders in the ODD business. With 2002 annual sales exceeding 200-billion yen, the collaboration is expected to further enhance its global position.

The optical-disk-drive business faces fast changing customer requirements for faster, slimmer drives, and a rapid transition in the main product to recordable DVD drives. Price erosion and alliances are also making themselves felt and further intensifying competition. In this environment, advantages in technology, product development and price competitiveness are all crucial for survival.

The new joint venture will construct a competitive business structure that can promote optimized use of management resources and leadership in the global market.


Previous
Next
BlindWrite v5 Beta preview        All News        BlindWrite v5 Beta preview
BlindWrite v5 Beta preview     Optical Storage News      BlindWrite v5 Beta preview

Get RSS feed Easy Print E-Mail this Message

Related News
Samsung Opens Global AI Centers in the U.K., Canada and Russia
Toshiba Confirms Approval of $18 billion Chip Unit Sale by China
China Finally Approves Toshiba's Plan to Sell Its Memory Chip Unit: report
Samsung Brings Bixby to Home Appliances
Samsung Extends its Semiconductor Sales Lead over Intel
Samsung Galaxy Note 9 Said to Launch Before September
Samsung in Talks with ZTE to Offer Exynos Mobile Processor
Motorola and Microsoft Foldable Phone Patents, and the new Samsung Galaxy S8 Lite
New Samsung Galaxy A6 and A6+ Come With Advanced Cameras and Everyday Features
Chips Power Samsung's Record first-quarter Profit Despite Decline in OLED Sales
Samsung Brings 10nm-class 16Gb LPDDR4X DRAM for Automobiles
Samsung Unveiled New Onyx Cinema LED Screen at CinemaCon

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .