Japan's Fujitsu scraps HDD head business

TECH SPACE

File image: hard drive.

by Staff Writers
Tokyo (AFP) Jan 27, 2009
Japanese high-tech giant Fujitsu Ltd. said Tuesday that it was ending production of hard disk drive (HDD) heads as part of an overhaul of the loss-making 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.

"We are continuing the negotiations with several companies," he said, declining to disclose the names of the firms.

Toshiba Corp. has confirmed it is talking with Fujitsu about a possible purchase of the business.

Fujitsu has been trying to focus on core growth areas in recent years, ending production of plasma televisions, a technology it was the first in the world to sell, as competition had grown fierce.

Memory Foam Mattress Review

SPACE MEDIA NETWORK PROMOTIONS
Solar Energy Solutions
Tempur-Pedic Mattress Comparison ...

Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

TECH SPACE

IBM to cut more than 2,800 jobs: union

Washington (AFP) Jan 26, 2009
US computer and software giant IBM Corp. is planning to cut more than 2,800 jobs, a labor union representing the firm's employees said Monday.

ROCKET SCIENCE ATK And NASA Complete Major Milestones For NASA Constellation Program KSC Operations And Checkout Facility Ready To Start Orion Spacecraft Integration Race To Orbit Gets Underway At Cape With Ares-1-X Test Launch Researchers Cooking Up New Gelled Rocket Fuels	LAUNCH PAD Arianespace Prepares For First Launch Of 2009 One Launch Down - More Than 20 To Go VINASAT-1 First Of Many Says Vietnam Japan Launches Satellite To Track Greenhouse Gases
SHUTTLE NEWS Preparations Continue Toward Discovery's Liftoff Shuttle Crew Complete Rehearsal And More For STS-119 Launch Discovery Ready To Roll Sharks Fly With Shuttle On Return Trip	STATION NEWS Russia To Use Two Launch Pads At Baikonur For ISS Missions Kogod Students Pioneer Branding Potential Of International Space Station Spacehab To Support Pre-Launch Preparations For Russian Module Russia Tests Phone Home To Santa Network
SPACE TRAVEL CU-Boulder And SpaceDev Launch Center For Space Entrepreneurship Key Element Of NASA Orion CEV Capsule Test Program Successful Flight Of NASA Prototype Super-Pressure Balloon In Antarctica Global Trajectory Optimisation Competition	DRAGON SPACE China plans own satellite navigation system by 2015: state media Fengyun-3A Weather Satellite Begins Weather Monitoring Shenzhou-7 Monitor Satellite Finishes Mission After 100 Days In Space China Launches Third Fengyun-2 Series Weather Satellite
ROBO SPACE Japanese security robot nets intruders AF Officials Look At Robots For Aircraft Ground Refueling Japan researchers unveil robot suit for farmers Will GI Roboman Replace GI Joe	MARSDAILY Opportunity Has A Post-Solar Conjunction Hangover Mars polar water is pure: study Satellite Antenna Enables Discovery Of Buried Glaciers On Mars ISRO Processes Propellant Booster For Mars Program

The content herein, unless otherwise known to be public domain, are Copyright Space.TV Corporation. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space.TV Corp on any Web page published or hosted by Space.TV Corp. Privacy Statement