Welcome Peeps to the first installment of my exciting new world business blog!
Today is a good one!!
According to the Wall Street Journal (fairly trustworthy and reputable I think!?) Samsung Electronics Co. is tossing up whether to sell their hard-disk-drive making subsidiary company to raise some cash and invest in future growth areas.
Making the hard drives has become a loss-making stream for the multinational company, who is wanting to sell unit for $1.5 billion, but it will consider a deal under $1 billion. A potential buyer for the business is hard-disk maker Seagate Technology Inc., the Wall st Journal reports.
Samsung Electronics, the world's biggest maker of memory chips...
SOME GENERAL BUSINESS CONCEPTS YOU CAN CONSIDER:
Liquidizing, investment, diversification, monopolistic industries
QUESTIONS:
1) What does this mean to the HDD industry? Will having less competitors vying for market share drive up prices on these products?
2) What does it mean to liquidize? What would Samsung's HDD be identified as = Assets or Liabilities for the company? What can they do to get rid of them if they couldn't find a buyer for the business?
If you're interested in the full article continue reading here:
http://online.wsj.com/article/SB10001424052748704613504576268573695939638.html
Today is a good one!!
According to the Wall Street Journal (fairly trustworthy and reputable I think!?) Samsung Electronics Co. is tossing up whether to sell their hard-disk-drive making subsidiary company to raise some cash and invest in future growth areas.
Making the hard drives has become a loss-making stream for the multinational company, who is wanting to sell unit for $1.5 billion, but it will consider a deal under $1 billion. A potential buyer for the business is hard-disk maker Seagate Technology Inc., the Wall st Journal reports.
Samsung Electronics, the world's biggest maker of memory chips...
SOME GENERAL BUSINESS CONCEPTS YOU CAN CONSIDER:
Liquidizing, investment, diversification, monopolistic industries
QUESTIONS:
1) What does this mean to the HDD industry? Will having less competitors vying for market share drive up prices on these products?
2) What does it mean to liquidize? What would Samsung's HDD be identified as = Assets or Liabilities for the company? What can they do to get rid of them if they couldn't find a buyer for the business?
If you're interested in the full article continue reading here:
http://online.wsj.com/article/SB10001424052748704613504576268573695939638.html
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