Seagate to buy Samsung's hard disk drive business

Seagate is buying the hard disk drive business of Samsung in a $1.38 billion deal that also gives the South Korean electronics manufacturer a nearly 10 percent stake in Seagate.

How chips, PCs, services companies are faring

Personal computer makers have been scrambling to adapt to a technological upheaval unleashed by Apple Inc.'s line of sleek devices such as the iPhone and iPad and by a shift toward Internet-based software services instead ...

Samsung tips record Q4 operating profit of $4.5bn

Samsung Electronics said Friday it expects a record operating profit in the fourth quarter of 5.2 trillion won ($4.5 billion), 73 percent up year-on-year thanks mainly to strong smartphone sales.

EU approves Samsung-Seagate hard disc business sale

European anti-trust regulators approved Wednesday the sale of Samsung Electronics' hard-disc-drive business to US firm Seagate Technology for $1.375 billion (995 million euros) in cash and stock.

Thailand flooding could affect PC supplies, prices

(AP) -- The personal computer industry, already reeling from depressed demand, has been dealt another setback: Massive flooding in Thailand has curtailed production of a critical component - computer storage drives.

EU probes US, Japan hard disk takeover plans

European anti-trust regulators on Monday launched in-depth probes into proposed US takeovers of South Korean and Japanese businesses manufacturing computer hard disk drives (HDD).

Paramount tests frontier with 'Star Trek' drives

(AP) -- Paramount Pictures is exploring a new frontier by participating in an offer to sell Seagate Technology hard drives with a copy of the latest "Star Trek" movie and 20 other films already on board.

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