News: Samsung looking to sell hard drive business?

[fineupgrades]

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Samsung is reportedly looking to sell its hard drive business for $1.5 billion.

Samsung is reportedly looking to selling off its hard disk division, according to the Wall Street Journal, which claims to have spoken to a source familiar with the matter.

The site's source claims that Seagate is a potential buyer of the division, and that Samsung is looking to sell its apparently loss-making hard drive business for $1.5 billion, although it will consider a deal under $1 billion.

If this happens, the move would see the world's number of hard disk manufacturers reduced to just three. Western Digital has recently acquired Hitachi Global Storage and Fujitsu, meaning the only other independent hard drive manufacturer is now Toshiba.

Despite strong sales of hard drives in both the 3.5in and 2.5in formats, the scale of Samsung's hard disk manufacturing capabilities are too small in comparison to its rivals, which could explain why this division of the company is making a loss.

What are the potential ramifications of the sale of Samsung's hard disk division? Is the future of storage all about SSDs?

source:

[EarlZ]

Noooooo~ my samsung F3's and upcoming F4's =(

[mickopono]

Ah, yes. Thank you iPad and similar mobile devices for using flash storage and killing off HDD's! /sarcasm

[EarlZ]

Naka bati ani kay seagate pa jud ang runner up! I just hope samsung will put the SSD into mainstream ayaw sad ng lame ass performance.. 220mb/s would be nice

[P0w3rM0v3]

wow. This is news to me. makes u wonder why. OCZ themselves have decided to ditch the memory business so they can concentrate more on the hard drive business - SSDs more specifically.

[play_chess23]

wow. This is news to me. makes u wonder why. OCZ themselves have decided to ditch the memory business so they can concentrate more on the hard drive business - SSDs more specifically.

Bitaw especially this one from OCZ... naa kaha ni available diri.. SDD on PCIE interface.



OCZ RevoDrive X2 PCI-Express SSD - OCZ

[KizoneC]

hala! karon samsung na sad...pretty nice... SSD's rising na jud

[P0w3rM0v3]

@play_chess23 sikat na bitaw kaayo ang OCZ Revodrive. Still very expensive. the 240 gig is $400+ i think. Pas2x noun jud siya sa mga benchmarks ako nakitan pero ako personally di ko ganahan mo give up ug PCIe slot for hard drives. maybe we can see something like a thunderbolt version in the future

[EarlZ]

Just wondering why you dont wanna give up the PCI-e slot for those, I mean boards come in as much as 7 slots.

[technowar]

Just an update Seagate Takes Over Samsung's HDD for $1.375bn