Monday, April 18th 2011
Samsung Electronics Exiting HDD Business, Seagate Front-runner to Buy It
Korean multinational conglomerate Samsung is planning to sell its hard disk drive (HDD) business held by Samsung Electronics. The company wants to focus on other kinds of storage products that are flash-based. Samsung is planning to sell the unit for an estimated US $1.5 billion. HDD major Seagate Technology is the front-runner to buy it. The HDD industry is under pressure after the market success of tablet and netbook industries, which use more compact and inexpensive SSDs instead of 1.8-inch HDDs. With Samsung's exit, the consumer HDD industry will be reduced to just three players: Western Digital, Seagate, and Toshiba.
Source:
Wall Street Journal
61 Comments on Samsung Electronics Exiting HDD Business, Seagate Front-runner to Buy It
a samsung F3 1TB costs me around £35-40. lets see you find a 1TB SSD for £35-40. You wont be able to.
HDD is dying -- yes but it still has a while to go before the industry decides to drop it like its hot (go go snooOoOp dogg!) In 10-20years time, people will still be using HDDs.
Not everyone needs their PC/laptop to load up in 10seconds btw.
People will still carry on buying hard drives the only difference here is that people now have less of a choice to choose from when it comes to HDDs. and without samsung holding its side of the market. Seagate will most likely take over the gap that samsung left and dominate the market. but even if they did. I wouldnt buy any of their drives. therefore, I am now forced to buy from WD -- a brand i do not trust
LOL you beat me to the punch AND said it better Freedom good work :toast:
also Samsung F4 320gb drives are damn fast compared to the first batches of SSDs the only thing those drives were missing were access times, the F4 320gb could hit nearly 135+ mb/s read write while many first gen SSD's tended to have short life spans high price and speeds of 150 read 70 write.
Well, at least they're finishing HDD's on a high note.
damn shame to see them go :(
Bad thing is that there will be less competetion which isnt good for customers (eg. us). For now, Im happy with ES HDD from Seagate.
"X overclock is easy! everyone can do it!"
"this hardware never dies, its really relibable!"
"these drives/CPU's/video cards arent hot, its FINE for me in my air conditioned room in the swiss alps/canada!"
so far, no ones made kangaroo proof hard mechanical hard drives. guess we gotta wait for cheaper SSD's on that one.
Seagate make the worst hard drives
until that happens however, i am very very saddened when good HDD makers quit the business.
Samsungs are currently my favorite drives. My 9TB server is exclusively Samsung drives because they have impressed me so much with their performance and reliability. Guess I also need to grab a few more 2TB F4's while they are still available. I has a sad.