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IBM Bails Out of the Hard Drive Market

Posted by timothy on from the spinning-down dept.

DJ STORM writes: "IBM has decided to exit the hard drive market citing the market has become too competitive.They plan to sell 70% of the their HD business to Hitachi. The new company name is unknown. One has to wonder if this has anything to do with IBM's troubled Deskstar GXP series." IBM will still have part ownership of the resulting venture, but it sounds like no more Deskstars. Update: 04/17 16:33 GMT by T : You may also find interesting some older posts about IBM's work on increasing hard drive storage (1, 2, 3); hopefully, the new company will continue that R&D effort.

3 of 344 comments (clear)

  1. Not quite out... by zodar · · Score: 5, Funny

    Actually, IBM is going to stay in the hard drive market, but only for 330 hours per month.

  2. Maybe they could call the company by cca93014 · · Score: 5, Funny

    IBM|Hitaclick click click grrrrrrrrrrApr 17 11:15:12 ben kernel: hdb: dma_intr: status=0x51 { DriveReady SeekComplete Error }
    Apr 17 11:15:12 ben kernel: hdb: dma_intr: error=0x40 { UncorrectableError }, LBAsect=11288143, sector=11288080

    --

    Invoicing, Time Tracking, Reporting

  3. Re:deskstar? I doubt it by perky · · Score: 5, Funny

    At what point do you say "we're making...$.50 per drive we sell. Let's give up." ?

    The point at which you are making 50 cents per drive? ;-)

    --
    "The new wave is not value-added; it's garbage-subtracted" - Esther Dyson, Dec 1994