Fujitsu quits HDD head production

Posted on Tuesday, January 27 2009 @ 19:36 CET by Thomas De Maesschalck
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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Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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