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Fujitsu sells HDD business to Toshiba

Written by IT News on 12:02 AM

After a series of points, Fujitsu reported to have finally decided to sell its disk access business to Toshiba. The news comes after Wednesday Fujitsu has announced that it would cease its hard disk drive head business March 31, 2009, as part of a broader restructuring plan. This may mean that, according to data, Toshiba has purchased only a part of the Fujitsu hard drive and, more specifically, that does not include the hard disk head manufacturing.

Earlier this week, Fujitsu announced that the next HDD head manufacturing done in Nagano Plant. Therefore, the company will move 360 employees working at the site, to other operations within the Fujitsu Group. In addition to the hard drive head manufacturing, Nagano Plant is also involved in the production of printed circuit boards for servers and telecommunications equipment. These measures are expected to continue to plant, after the March 31 Fujitsu also said it would take a charge of $ 56 million in connection with the transition of 360 employees, a figure which could be attributed to the company the last quarter of 2008.

Currently, Fujitsu hard drive manufacturing operations include plants in the Philippines and Thailand. According to The Register, the company guided media Yamagata plant is not part of the agreement with Toshiba, which means that only the places in the Philippines and Thailand. But there are rumors that Toshiba does not require manufacturing in Thailand, which means that some 7000 new jobs could be reduced.

The official price is not yet revealed, but according to reports, the number may be in the range of 30 to 40 billion yen, or about $340 to $ 450. The transaction is expected to provide Toshiba with a profitable business, which makes the company, which is currently the fifth largest supplier of hard disk, to get a larger share of the market.

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