Fujitsu has rid itself of the production of hard disks

Japan's Fujitsu Corporation agreed to sell their units for the production of hard disks of Toshiba, passes Bloomberg. The unit in 2007, ceased to be profitable. The annual loss by April 2009 will be about 50 billion yen (about 540 million dollars).
The transaction involves the purchase of 80 per cent of the company by 30 June 2009. The deal has not been determined but will be hundreds of billions of yen (billions of U.S. dollars).

According to the forecasts of Toshiba, by March of 2013 revenue of this unit will be about 600 billion yen (6.5 billion dollars).

Buying Enterprise will allow Toshiba to increase its market share is almost twice as hard drives, up to 16 percent. By 2015, the company hopes to increase the proportion to 20 per cent. The main competitors in this area is the Seagate.

The whole market is estimated at 32.6 billion dollars. It was expected that in 2009 sales to fall by 19 percent to 26.3 billion dollars.

Photo from website of the Fujitsu company.