Thursday, September 18, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Now Mass Producing 20-Nanometer 6Gb LPDDR3 Mobile DRAM
Samsung Introduces 27-inch S27D590C Curved Monitor
Xbox One To Debut In China
Amazon Announces New Fire HDX, Fire HD Tablets And New Kindles
Pioneer Introduces Ultra-thin Portable BD Drive
Toshiba to Restructure Its PC Business
Apple Updates Privacy Policy, Delays Healthkit
Sony To Offer Unity For PlayStation To PlayStation Licensed Developers
Active Discussions
Yamaha CRW-F1UX
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
 Home > News > Optical Storage > Toshiba...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, March 04, 2004
Toshiba and Samsung Electronics join forces


The European Commission approved a joint venture Thursday involving the optical-disk drive divisions of Japan's Toshiba Corp. and Korea's Samsung Electronics Co. Ltd. to produce CD-ROM and DVD-ROM units.

Ownership of the new company, to be called Toshiba Samsung Storage Technology Corp., will be divided with 51 percent by Toshiba and 49 percent by Samsung Electronics. Combined revenues are expected to be about $2.3 billion this year.

Although the combined companies will have a global market share of optical storage products of 22 percent, the Commission said "the deal does not significantly alter the competitive landscape, which is characterized by a number of competitors both big and small."

Rivals include Taiwan's Lite-On Group and Japan's TEAC Corp., the Commission said.

The joint venture will begin April 1 and develop, produce, sell and market CD-ROM devices, including CD-ROM and DVD-ROM drives for notebook computers. Kawasaki-based TSSTC will get a capital increase from Samsung and will establish a new subsidiary in Korea that will buy Samsung's CD-ROM unit.


Previous
Next
GEM to Produce Music DVD's        All News        25 million sales for PS2 in north USA
GEM to Produce Music DVD's     Optical Storage News      25 million sales for PS2 in north USA

Get RSS feed Easy Print E-Mail this Message

Related News
Samsung Now Mass Producing 20-Nanometer 6Gb LPDDR3 Mobile DRAM
Toshiba to Restructure Its PC Business
New Samsung NX1 Launches With APS-C backside-illuminated CMOS
Korean Authorities To Inverstigate LG-Samsung Dispute
Samsung Open Source Conference Kicks off Tuesday
Diesel Black Gold Introduces Custom Samsung Gear S at Runway Show
Toshiba 2014 4K UHD Models Now Available
Toshiba and SanDisk Celebrate the Opening of the Second Phase of Fab 5 and Start Construction of New Fab 2 Semiconductor Fabrication Facility
Samsung Outlines Its Vision for the Future Home At IFA 2014
Samsung Launches Tizen Wearable SDK for Gear S
Samsung Galaxy Tab Active Announced At IFA
Samsung Goes Curvy At IFA 2014

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 .