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srg86
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Samsung selling their drive business?

Mon Apr 18, 2011 8:22 am

In interesting, and depending on your point of view shocking news from the Wall Street Journal (though I've first read this on bit-tech).

http://www.bit-tech.net/news/hardware/2011/04/18/samsung-selling-hard-drive-business/1

It appears that Samsung is considering selling off it's drive business as it is making a loss. A potential buyer is Seagate according to the article, though it's still a watch this space.

It doesn't bother me too much, I'm a WD user, but the Samsung drives are very popular here but it does also mean more consolidation in the Hard drive market, so from 50 odd in the 80s it will be down to just three.

The venerable Red Hill guys http://www.redhill.net.au/ig.html are Samsung fans too.

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bdwilcox
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Re: Samsung selling their drive business?

Mon Apr 18, 2011 8:38 am

srg86 wrote:
A potential buyer is Seagate...

Noooooooooooooooooooooooooooooooooooooooooooo!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
 
JustAnEngineer
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Re: Samsung selling their drive business?

Mon Apr 18, 2011 4:55 pm

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Dirge
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Re: Samsung selling their drive business?

Mon Apr 18, 2011 5:56 pm

If true that really stinks, I would like to see Samsung retain their HDD business. I just bought a gaggle of their drives and know they are quite popular in enthusiast circles. I guess not popular enough.
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DancinJack
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Seagate buys Samsung HDD

Tue Apr 19, 2011 4:37 am

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Re: Seagate buys Samsung HDD

Tue Apr 19, 2011 4:41 am

Well if it's any consolation competition still exists as long as there's more than 1 company making hard drives. Just look at AMD+Intel.

The hard drive market has been stagnant for a long time already, I guess this was to be expected.
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Dirge
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Re: Seagate buys Samsung HDD

Tue Apr 19, 2011 5:04 am

I'm not a big fan of the 'Strategic Alignment'. One less competitor and Samsung had a real winner with the Spinpoint F3.
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Re: Samsung selling their drive business?

Tue Apr 19, 2011 6:30 am

Dirge wrote:
If true that really stinks, I would like to see Samsung retain their HDD business. I just bought a gaggle of their drives and know they are quite popular in enthusiast circles. I guess not popular enough.

...or maybe they're popular because Samsung has been selling them at a loss.
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Re: Seagate buys Samsung HDD

Tue Apr 19, 2011 6:41 am

Seasung? Samgate?

I wonder if lack of competition will be enough to lure Fujitsu back into the desktop hard drive segment. Probably not, I imagine profit margins in that segment are fairly thin. A more likely outcome would be for Fujitsu's hard drive division to merge with Western Digital...
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sircharles32
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Re: Samsung selling their drive business?

Tue Apr 19, 2011 6:53 am

All my 2TB drives have been Samsungs, mainly because of the poor user reviews that I've seen all over the place about the other manufacturers.
Prior to the 2TB drives, I had bought only Western Digital drives.
If Seagate buys them, my confidence will be shaken in their reliability, as Seagate's track record has not been stellar as of late.
Then it will become an even bigger crap-shoot when purchasing large drives, than it already is.
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sircharles32
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Re: Seagate buys Samsung HDD

Tue Apr 19, 2011 6:57 am

Wonderful. :roll:

I guess it's wait and see what happens now, time.
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Re: Seagate buys Samsung HDD

Tue Apr 19, 2011 7:25 am

just brew it! wrote:
Seasung? Samgate?

I wonder if lack of competition will be enough to lure Fujitsu back into the desktop hard drive segment. Probably not, I imagine profit margins in that segment are fairly thin. A more likely outcome would be for Fujitsu's hard drive division to merge with Western Digital...



Toshiba already bought Fujitsu's HDD business.
 
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Re: Seagate buys Samsung HDD

Tue Apr 19, 2011 9:24 am

Topics merged.
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Madman
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Re: Seagate buys Samsung HDD

Mon Apr 25, 2011 9:55 am

What's wrong with Seagate? I always look for their drives and they are not as expensive as WD Blacks, always seem to perform close to them, outperform WD greens and are solid hard drives, if not for .10 or whatever bugs.
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Re: Seagate buys Samsung HDD

Mon Apr 25, 2011 10:12 am

Madman wrote:
What's wrong with Seagate? I always look for their drives and they are not as expensive as WD Blacks, always seem to perform close to them, outperform WD greens and are solid hard drives, if not for .10 or whatever bugs.


I don't think people are that opposed to Seagate. We're more opposed to having fewer and fewer HD companies in the market.
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