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Fujitsu quits HDD head production

Posted on Tuesday, January 27 2009 @ 19:36:17 CET by

As part of the firm's restructuring, Fujitsu announced it will exit production of hard disk drive heads. Additionally, the firm is in talks with several companies (including Toshiba) over a possible sale of its entire HDD business.
The firm said it would book a one-off loss of 5.0 billion yen (56 million dollars) because of its earlier investment in a plant in Nagano city, northwest of Tokyo, making the components.

The facility will continue to make circuit boards and employees working in the HDD head business will be moved to new jobs, it added.

The HDD head production will cease at the end of March but Fujitsu is continuing talks with several companies over a possible sale of its overall HDD business, company spokesman Takashi Koto said.
Source: AP



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