Samsung is exiting the HDD market
The manufacturing giant no longer wants to invest more energy in the increasingly unprofitable area.
The Wall Street Journal statement According to the Samsung Electronics is considering exiting the hard drive market and instead wants to focus on other areas, such as the market for SSDs built around NAND Flash chips, which is experiencing significant growth year on year. Samsung’s HDD division was able to gain 2010% of the global market in the fourth quarter of 10. I want to sell this division now for $ 1-1,5 billion. Among the potential buyers, Seagate Technology is definitely worthwhile, as it is in the company's interest to grow and increase its market share, as its biggest rival, Western Digital, has not been so long ago. bought it a Hitachi hard disk business, thus gaining a major advantage. If Seagate decides to acquire Samsung’s HDD division, the hard drive market will become three players where Western Digital, Seagate and Toshiba would compete with each other.
