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The following article was published in our article directory on April 19, 2011.
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Samsung is considering selling hard disk business recently

Article Category: Business

Author Name: xia zihui

Beijing time April 17 news, according to the Wall Street journal quoted unnamed sources as saying, samsung electronics considering selling losses, and the hard disk business for new businesses to raise money.

Samsung tried to sell at $1.5 billion business, but the transaction amount may be less than us $1 billion, sources said samsung "efforts to get rid of" business. The most likely acquirer buys is Seagate.

Earlier this month, samsung for quarter earnings estimates by weaker, it more than 60 companies, is composed of South Korea's biggest conglomerate. In order to find new growth opportunities, last may, samsung said in 2020 prepared to new business investment $20 billion, including $18 billion investment in biotech drugs. In February, samsung and U.S. biotech drugs service providers Quintiles establishing a joint venture.

The hard disk business by selling losses, samsung could raise cash, used for investment.

Because apple iPad and other tablet PC is not successful, they adopted, but flash disk HDD, leading to hard disk industry take more pressure. In addition, tablet PC success will weaken the notebook demand, thus hurt hard disk business.

In the fourth quarter of 2010, samsung in global hard disk industry occupies 11% share, this business has been losing money, this is also one of the reasons led to sell. According to sources said: "samsung so considering selling hard disk business, but also because it for enterprise success is not strategic business. In hard disk industry, samsung is neither followers, nor leader, it is still in losses." "Fifteen billion dollars is a reasonable out price, but there may be less than 10 billion dollars, because samsung is trying to get rid of business."

March, west several agree to 43 billion takeover of Hitachi hard disk business, controls global hard disk industry 50% of the market. According to iSuppli data, 2010 the fourth quarter Seagate hard disk 29% of the two, global market.

Samsung is the world's largest memory chips and LCD TV manufacturers, recent quarterly profits dropped.

Apple CEO Steve jobs in early last June is when demonstrates this product. And the original plan on the last June, but the plan market has been in tabled stage. Apple to this version many products jumped ticket explanation is that because its white back shell for existing problems to solve and always will result in poor quality cameras.

Apple has twice been postponed the white version of the iPhone4, and time to market in recently happened related introduction and white iPhone4 acmilan.com images to be completely erased by many consumers that disappointed again upset.

Analysts said the white version of the iPhone4 may stimulate more market demand, was very hot in the summer products possible iPhone another sales peak.

For the previous iPhone5, industry heat transfer analysis says apple's next iPhone could be delayed the release of time. A source says apple will be held in June launch the new software developer conference, not hardware products. But apple officials declined to comment.

Keywords: China Hydraulic Axial Pump, China Hydraulic Pressure Valve

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