Sunday, September 25, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Snapchat Introduces 'Spectacles' Smart Glasses, Changes Company name To Snap
Nvidia GPUs Could Return To Apple Macs
Lenovo Brings Fingerprint Authenticated Payments To Laptops
Report Cites Google, Salesforce Interest For Twitter
Dalian Wanda and Sony Enters Team Up in China Movie Business
Apple Develops Amazon Echo-Style Device
ALD Technology Chosen By Samsung, LG For Flexible OLEDs
TSMC To Use Different Processes And 3D Packages Across Future Design Platforms
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
Toshiba Expands 24nm SLC Flash Family with 16Gb Offering
Samsung Says Battery Not Related To Note 7 Fire Reports in China
Samsung Narrows Gap With Intel In Semiconductor Industry Ranking
How to Identify the New Galaxy Note7
Samsung Sells Stakes in ASML, Seagate, Rambus and Sharp
Samsung's Recall For The Galaxy Note 7 Smartphones In Official In The U.S.
Toshiba Introduces the OCZ VX500 SATA SSD Series
Samsung's Software "Fix" For Galaxy Note 7 Limits Battery Recharges
HP To Buy Samsung's Printer Business For $1.05 billion
Samsung Urges Galaxy Note7 Users To Immediately Bring Their Phones For Replacement
US, Japan Aviation Authorities Warn Against Using Samsung Galaxy Note 7 On Planes
Samsung to Sell Stake in Chip Equipment Maker ASML

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .