Arik Hesseldahl in News on January 5 at 7:05 am PT
Research firm Gartner just knocked down its growth forecast for global tech spending by nearly 1 percent. It may not sound like much, but it amounts to slowdown worth about $100 billion.
Arik Hesseldahl in News on January 2 at 11:30 am PT
Chip sales were disrupted by the effects of the flooding in Thailand and by the euro zone crisis in November, the Semiconductor Industry Association reported today.
Arik Hesseldahl in News on November 23, 2011 at 5:45 am PT
Flooding in Thailand has killed more than 600 people, devastated the Thai economy and caused one of the most significant supply chain disruptions to the computer industry in a generation.
John Paczkowski in News on November 21, 2011 at 10:58 am PT
Western Digital ordered to pay Seagate $525 million in damages for misappropriation of trade secrets.
Arik Hesseldahl in Enterprise on October 21, 2011 at 4:00 pm PT
Flooding in Thailand has hammered one of the world’s two major manufacturers of hard drives especially hard. Early estimates say supply this quarter could drop by nearly a third.
Kara Swisher in News on September 2, 2011 at 11:14 am PT
Now that famed hedge fund investor has dumped his bid for the Mets, will it give him more time to throw curve balls at Microsoft’s Steve Ballmer?
Walt Mossberg in Personal Technology on July 6, 2011 at 6:04 pm PT
Seagate Technology’s GoFlex Satellite is a portable hard disk that carries big storage capacity for your tablet by creating a local Wi-Fi network.
Jung-Ah Lee, Reporter, The Wall Street Journal in News on April 17, 2011 at 9:00 am PT
Samsung Electronics Co. is considering selling its money-losing hard-disk drive business to raise funds for investment in new growth areas, a person familiar with the situation said Sunday. The most likely buyer for the business is Seagate Technology Inc., the U.S.-based computer hard-disk maker, the person said.
News Byte
Arik Hesseldahl in Enterprise on March 7, 2011 at 8:00 am PT
The number of companies making computer hard drives is dropping by one, as Western Digital–the industry’s largest player–agreed to
acquire Hitachi GST, the hard drive unit of the Japanese electronics concern Hitachi for $4.3 billion in cash and stock. Western Digital will pay $3.5 billion in cash and issue 25 million shares to Hitachi, giving it a stake worth about 10 percent of Western Digital’s equity. Steve Milligan, president and chief executive of Hitachi GST, will become Western Digital’s president. Hitachi bought IBM’s hard drive business for $2 billion in 2003. The deal follows an attempt by Western Digital to buy rival Seagate, though, as Bloomberg News reported at the time, the approach failed over concerns that the combination wouldn’t pass muster with antitrust regulators. Seagate also turned down an offer to go private from TPG Capital last year.
