... and Seagate snarfs up Samsung's drive business ...

Looks like Seagate got itself some spinpoints. Seagate may be leveraging this to build its way into the Chinese market more than it is. Now there are 3 big spinning rust makers: Seagate, Western Digital, and Toshiba. A Seagate-Toshiba hookup wouldn’t surprise me, though the regulators are likely to start eyeing this stuff more closely for anti-monopoly reasons. I’ve said more M&A; and I mean’t more M&A.; And the deals ain’t done yet. Moreover, I do expect turnover and refresh … some creative destruction … to continue apace in this space. The market will be unkind to unsound business models. Moreso than ever.