Fujitsu transfers HDD commerce to Toshiba

Toshiba And Fujitsu Ltd has been already in a memorandum of understanding (mu) On sign for HDD of Fujitsu of Toshiba by transformation of the the businesses. The company plans to reach a contract of shifting as soon as possible and the purpose is that Q1 in the 09th fiscal year finish the trade.
Through bring HDD of it correlated with function, stand up, make it become business easy not to shift in one new company Fujitsu. Toshiba will obtain in this company about 80% of the shares for one and enable it as a subsidiary of group of Toshiba. Promote smooth transformation, Fujitsu will continue holding and lower than 2,000 of the one suitable for a regular period in the new company, after this, it will become a individual proprietorship Company of Toshiba.

The consolidation of HDD business of two companies will make Toshiba with small form factor HDDs (2.5 inches and smaller HDDs) Strengthen its position, widely move apparatus, the car and using in the civil electronics industry in the notebook computer. It will join HDD market’s enterprises for Toshiba for the server and data-storage system application program too. Toshiba’s purpose is to satisfy the development in demand for the data-storage system that is expected in the position where enterprise’s market builds it.

Join the sports (SSD) of solid state that enterprise’s business will allow Toshiba to increase it Through developing business of SSD products for the server and enterprise’s memory system, memory technology glimmers in NAND of fixing Toshiba and HDD technological enterprise of Fujitsu.

Through utilizing synthesis of HDD business of Fujitsu, Toshiba’s purpose strengthens cooperation with HDD some suppliers, and promote cost reducing and development of the new technology.

Go ahead, Toshiba to build in consolidate, raising those part of it reach 20% of exceeding in total HDD market by 2015 in purpose.

Under mu, Fujitsu will design its HDD, develops, production, selling will be given with all other functions to Toshiba and be gone on by Fujitsu and Fujitsu group company at present, besides HDD very beginning and media business of Fujitsu.

The following content is expected to be through shifting main assets included:
HDD of Fujitsu develops, production and sales department;
HDD produces Fujitsu computer products Company of the subsidiary Philippine (FCPP) And Fujitsu (Thailand) Company Limited company (Federal Trade Commission) ;
HDD designs, develops, quality guarantees and other Yamagata department of Fujitsu Ltd;
HDD technological developing department of Fujitsu laboratory Co., Ltd.;
HDD sells outside Japan and selling office.

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