Menu
Report: Fujitsu to sell HDD business to Western Digital

Report: Fujitsu to sell HDD business to Western Digital

Companies are in the latter stage of negotiations over the deal and hope to reach agreement before the end of this year,

Fujitsu is in talks to sell its hard-disk drive business to Western Digital, according to a report in the Thursday morning edition of the Nikkei business daily.

The two companies are in the latter stage of negotiations over the deal and hope to reach agreement before the end of this year, the report said. The proposed deal would see Fujitsu sell its entire hard-disk drive unit, including plants in Japan, the Philippines and Thailand that employ around 15,000 people, for between US$661 million to US$944 million, the newspaper reported.

Fujitsu and Western Digital could not immediately be reached for comment.

Fujitsu was the world's number six hard-disk drive manufacturer in 2007, according to figures from IDC. It had a 7.1 percent share of the market, putting it just behind Toshiba and a couple of percentage points behind Samsung. Western Digital was the second largest player in the market, with a share of 22.5 percent.

A combined Fujitsu and Western Digital would have had a 29.6 percent market share, still in second place behind leader Seagate, which enjoyed a 35 percent share, but further ahead of third-ranked Hitachi.


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags Fujitsuhddwestern digital

Events

Featured

Slideshows

Channel kicks 2021 into gear as After Hours returns to Auckland

Channel kicks 2021 into gear as After Hours returns to Auckland

After Hours made a welcome return to the channel social calendar with a bumper crowd of partners, distributors and vendors descending on The Pantry at Park Hyatt in Auckland to kick-start 2021.

Channel kicks 2021 into gear as After Hours returns to Auckland
The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards

The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards

Hundreds of leaders from the New Zealand IT industry gathered at the Hilton in Auckland on 17 November to celebrate the finest female talent in the Kiwi channel and recognise the winners of the Reseller News Women in ICT Awards (WIICTA) 2020.

The Kiwi channel gathers for the 2020 Reseller News Women in ICT Awards
Show Comments