Toshiba interested in buying Fujitsu HDD unit

Logo FujitsuA Toshiba executive on Thursday said the Japanese electronics company would consider purchasing Fujitsu??™s hard-disk drive unit if Fujitsu approached Toshiba, says a Friday WSJ report. The news comes after last month??™s rumored bid by Toshiba to acquire flash-memory maker SanDisk, in an attempt to stop its sale to competitor Samsung, which Toshiba President Atsutoshi Nishida denied at an industry event, according to the same report. Nishida feels the current relations between Toshiba and SanDisk are fine.

With Fujitsu expected to break even or post a loss in its hard-disk drive operations for the current fiscal year, at least on industry analyst in Japan believe the merger would be beneficial, as it would allow both companies to save overhead costs by merging their operations. Fujitsu failed to comment on any possible ties with Toshiba.

Toshiba hasn't disclosed the financial numbers for its hard disk drive business, but analysts estimate 10 billion yen (about $95 million) in operating profit and 360 billion (about $3.4 billion) yen in revenue for the 2008 fiscal year.

Source: electronista

Tags: Fujitsu, HDDs, Toshiba

Comments
Add comment

Your name:
Sign in with:
or
Your comment:


Enter code:

E-mail (not required)
E-mail will not be disclosed to the third party


Last news

 
Galaxy Note10 really is built around a 6.7-inch display
 
You may still be able to download your content
 
Facebook, Messenger and Instagram are all going away
 
Minimize apps to a floating, always-on-top bubble
 
Japan Display has been providing LCDs for the iPhone XR, the only LCD model in Apple’s 2018 line-up
 
The 2001 operating system has reached its lowest share level
 
The entire TSMC 5nm design infrastructure is available now from TSMC
 
The smartphone uses a Snapdragon 660 processor running Android 9 Pie
The Samsung Galaxy A5 (2017) Review
The evolution of the successful smartphone, now with a waterproof body and USB Type-C
February 7, 2017 / 1
Samsung Galaxy TabPro S - a tablet with the Windows-keyboard
The first Windows-tablet with the 12-inch display Super AMOLED
June 7, 2016 /
Keyboards for iOS
Ten iOS keyboards review
July 18, 2015 /
Samsung E1200 Mobile Phone Review
A cheap phone with a good screen
March 8, 2015 / 4
Creative Sound Blaster Z sound card review
Good sound for those who are not satisfied with the onboard solution
September 25, 2014 / 2
Samsung Galaxy Gear: Smartwatch at High Price
The first smartwatch from Samsung - almost a smartphone with a small body
December 19, 2013 /
 
 

News Archive

 
 
SuMoTuWeThFrSa
 123456
78910111213
14151617181920
21222324252627
282930    




Poll

Do you use microSD card with your phone?
or leave your own version in comments (15)