Saturday, February 06, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Files Patent For A Vein-authentication System On A Smartwatch
BlackBerry Cuts 200 Jobs To Trim Costs
Taiwan Earthquake Temporarily Suspended TSMC's And UMC's Production
Samsung Loses Memory-Chip patent Trial Against Nvidia
Twitter Suspends Accounts To Combat Extremism
Apple Error Message Killing iPhones After Replacing Displays
Mozilla Pulls The Plug On Firefox Smartphone OS
CDs Remain Popular In Japan
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
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
 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 Loses Memory-Chip patent Trial Against Nvidia
768 Gbit Micron 3D NAND Is Faster Than Samsung’s 256Gb V-NAND: ISSCC
Samsung Describes Its 10nm SRAM
Toshiba To Wind Down Its Hard Disk Business
Toshiba Develops STT-MRAM Magnetic Cache Memory, Wireless Receiver For Bluetooth Low Energy
Samsung Galaxy S7 and S7 Edge Coming At February's Unpacked 2016 Event
LG's Home Appliances Business More Profitable Than Samsung's
Samsung Reports Drop In Profit For Q4
Samsung Said To Unveil Phone Upgrade Program
Samsung SDI to Invest In Automotive Battery Business
Samsung Gear S2 Classic New Edition Launches Globally
Toshiba To Focus On Memory Chips, Phase Out Hard Disk Manufacturing

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 .