Seagate+samsung

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September 16, 2013 by DataToUS

Seagate closes Samsung HDD business buy

Seagate has completed its £890m takeover of Samsung's hard disk drive division, following regulatory approval.Following a brief investigation, the European Commission cleared the takeover in October without imposing any conditions on it.

December 20, 2011 by

ACCC gives Seagate-Samsung green light

The Australian Competition and Consumer Commission (ACCC) has released its review on Seagate's proposed acquisition of Samsung's hard disk drive (HDD) business, and given it the green light.

December 18, 2011 by

Regulators probe major storage mergers

The European Commission will examine the mergers of the HDD wings of Seagate and Samsung and the storage divisions of Western Digital and Hitachi to judge whether consolidation could damage competition in the storage sector

May 31, 2011 by

Seagate buys Samsung storage unit

Seagate has acquired Samsung Electronics' hard disk drive (HDD) operations for US$1.37 billion in a move that boils the market down to two players. Seagate and Western Digital now control 90 per cent of the HDD market with Toshiba a distant third.

April 19, 2011

Storage giants to push hybrid hard drives

Several major hard-drive vendors have announced that they will work together to promote and develop a new type of storage: hybrid hard drives. Seagate Technology, Hitachi, Samsung, Fujitsu and Toshiba are the five founder members of the Hybrid Storage Alliance.

January 4, 2007 by

Samsung renews memory deal for Xbox

Samsung Semiconductor plans to announce Monday that it has renewed its contract with Microsoft to supply memory chips for the company's Xbox game console. Such long-term supply agreements are particularly valuable in the turbulent memory-chip industry, which saw manufacturers selling dynamic random access memory (DRAM) chips below cost for much of last year just to keep factories open. Risto Puhakka, an analyst at semiconductor research firm VLSI Research, said that even though memory prices are starting to recover, it is to Samsung's advantage to lock in orders now. "The long-term contracts present a number of benefits in that suppliers can plan much more efficiently," he said. "You're not in the position of dealing entirely with the spot market." The Xbox contract also helps Samsung, a leading maker of memory, to diversify. Each Xbox console uses 64MB of high-speed double-data rate (DDR) DRAM, half of what one finds in the average PC. However, the PC industry is slogging through its worst downturn ever, while game console sales are rising rapidly. "It shows Samsung is selling into other areas besides PCs, and I think that's to their advantage," Puhakka said. Microsoft sold 1.5 million consoles from mid-November, when the Xbox went on sale, through the end of 2001. Microsoft projects worldwide shipments of 4 million to 6 million units for its 2002 fiscal year, which ends June 30. Besides Samsung, major component suppliers for the Xbox include Nvidia, which makes the graphics processor and a custom multi-function chip for the console, and storage makers Western Digital and Seagate, which make the hard drives used in the console.

January 22, 2002 by

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