Toshiba Samsung Storage Technology


Toshiba Samsung Storage Technology Corporation was an international joint venture company of Toshiba and Samsung Electronics. Toshiba used to own 51% of its stock, while Samsung used to own the remaining 49%. The company specialised in optical disc drive manufacturing. The company was established in 2004.
The company's headquarters is located in Shibaura, Minato, Tokyo, Japan with Hiroshi Suzuki as its President and CEO. Its subsidiary, Toshiba Samsung Storage Technology Korea Corporation is located in Suwon, South Korea, and headed by Dae Sung Kim.
Each corporation in Japan and Korea has the individual directorate system. For the business issues, TSST has been discussing it through the common relevant organization for mutual consent. TSST is currently responsible for the product development, marketing and sales, and has been taking advantage of the existing network of Samsung Electronics and Toshiba for manufacturing, sales, and after-sales service.
Half-height optical drives by TSSTcorp with writing abilities are branded "WriteMaster".

History

In October 2009, TSST had received a subpoena from the U.S. Justice Department for possibly violating the antitrust laws.
Samsung and Toshiba sold their stakes in TSST to Optis Co., Ltd., a Korean manufacturer that made products for TSST under contract.
In 2016 TSST entered Chapter 15 bankruptcy protection in Delaware US, shielding it from most U.S. creditor actions while the company reorganizes its business in Korea’s court system and restructures a $78 million debt.