Samsung Electronics Exiting HDD Business, Seagate Front-runner to Buy It [TPU]
Posted: April 18th, 2011, 1:00 am
Korean multinational conglomerate Samsung is planning to sell its hard disk drive (HDD) business held by Samsung Electronics. The company wants to focus on other kinds of storage products that are flash-based. Samsung is planning to sell the unit for an estimated US $1.5 billion. HDD major Seagate Technology is the front-runner to buy it. The HDD industry is under pressure after the market success of tablet and netbook industries, which use more compact and inexpensive SSDs instead of 1.8-inch HDDs. With Samsung's exit, the consumer HDD industry will be reduced to just three players: Western Digital, Seagate, and Toshiba.
http://www.techpowerup.com/144262/Samsu ... uy-It.html[hr]
This will narrow our choices in buying a new hard disk drive. WD bought out Hitachi HDD business recently and I hardly see any Toshiba drives in retail market. Only two options left for me: Seagate and Western Digital.