Hitachi, HDD business will be sold early next year

According to the Nihon Keizai Shimbun news report, it seems that Hitachi has strengthened its policy to sell the HDD business that is sluggish. The dealer will also decide in January next year.

Even beforeThere was a similar news reportBut is there still a move to sell HDD business?

Details are as below.
Hitachi to sell HDD business to US fund · Subsidiary share 50% less

According to this article, Hitachi seems to have accepted the capital of investment fund in HDD business where sluggishness continues, and strengthened the policy to embark on rebuilding.

He said that he will give priority to negotiating rights to the US investment fund Silver Lake and will sell less than 50% of the shares of a wholly-owned subsidiary of the business, which is finally adjusting in a direction to aim for an agreement in January next year about.

By the way, Hitachi's HDD business is the mother of IBM HDD business acquired by about 250 billion yen, sales share in 2006 is about 16%. This is the third largest share in the world after two major companies such as Maxtor and Western Digital.