Samsung thought about leaving the market drives.

Samsung has thought about leaving the market for computer hard disks

As written by The Wall Street Journal quoting an anonymous source, the South Korean company is ready to sell his unit for 1-1,5 billion dollars

The reason for sale is called a decline in revenues of this division Samsung. It is noted that in case of sale of the company expects to significantly improve its financial condition.

  As a potential buyer calls the newspaper company, Seagate - one of the leading market for computer hard drives. However, Samsung has not officially commented about a possible deal.

  Another major player in this market - the company Western Digital - in March 2011 announced the purchase of units for production of Hitachi hard drives. Transaction volume amounted to 4.3 billion dollars As a result of the merger Western Digital has strengthened the leading position with a share of about 50%.

  Seagate's market share is about 30%. Purchase of Samsung will allow the company to reduce the backlog from Western Digital.