The competition is heating up at the top end of the hard disk drive market with Toshiba finally announcing its first 8TB hard disk drive, the X300, one aimed at the high performance market: that's nearly two years after Seagate first announced its model.The drive sports a 7200RPM spinning speed, 128MB cache and uses Perpendicular Magnetic Recording and Tunnel Magneto-Resistive technologies: so no shingles SMR or helium magic here which means that higher capacity drives are likely to follow.The X300 does also feature Advanced Format AF storage and supports NCQ Native Command Queuing plus some nifty internal shock sensor technology that improves the drive's resistance to knocks and vibration.Toshiba will launch the drive next month with two year standard warranty and a suggested purchase price of £262 about $380, AU$530 .That's not such a bad price given that Seagate's model retails for 30% less almost two years on the market.The latter though comes with a solid 3-year warranty although it is likely to have a lower performance due to a slightly slower rotational speed.
There are cheaper drives with the same amount of storage, but Seagate is hoping the drive s form factor and design will help make up the difference.Slim and sturdyAre we allowed to call a hard drive cute?The metal plate on top, available in silver and gold color aluminum, is covered in an alternating series of indented bubbles.All told this hard drive is likely smaller than your phone, and at 4.8 ounces it probably weighs a little less too.Over USB 2.0 this drive offers a read speed of 41.1MBps, and a write speed of 42.8MBps.A solid little drive with good performanceIf you want a physically small external drive that s big on space, and at a competitive price point, you could do worse than Seagate s Ultra Slim.
The external backup drive will also work with Windows PCs and Macs, and it'll be available in July.It will come in multiple versions with capacities ranging from 4TB to 8TB.A capacity of 8TB will be a welcome addition to Chromebooks and Raspberry Pi 3, which have internal storage issues.Chromebooks have limited internal storage capacity, while Raspberry Pi 3 requires an SD card to store files.The 8TB capacity is especially valuable to Raspberry Pi 3, which is commonly used as a media server.The 4TB hub will sell for US$139.99, the 6TB for $199.99 and the 8TB for $249.99.
Seagate is targeting drones and robots as it looks to add its storage technologies to new devices."There's a huge opportunity there," said Patrick Ferguson, a product manager at Seagate.Robots and drones generate a lot of data, but have limited internal storage to retain all that information.Data increasingly is being uploaded to the cloud for analysis.The company didn't say what kind of storage -- SSDs or hard drives -- it would bring to drones and robots.It is also expanding its presence in the Internet of Things and connected home spaces.
The Cupertino, Calif., company is a top producer of drives that store data in personal computers, a market that has declined.It has developed products in newer sectors such as cloud storage, and bought Dot Hill Systems Corp. in October for about $696 million to enhance its cloud offerings.Seagate expected its restructuring moves would cut costs by about $100 million annually.Seagate said it anticipates about $62 million of restructuring charges, primarily in the fourth quarter.Seagate named a new chief financial officer, David H. Morton Jr., in October, and said Monday that William D. Mosley would become its president and chief operating officer.
Cupertino, California-based hard drive maker Seagate revealed in an SEC filing that it will slash 1,600 jobs by the end of Q3 2016, amounting to roughly 3 percent of its global workforce.The company noted that its plan will likely result in pre-tax charges of $62 million, which will be accounted for in its fourth-quarter results this year.It predicts that the job cuts will help it save about $100 million each year.The decision follows a sustained decline in demand for its products from PC manufacturers over the past five quarters.PC shipments worldwide went down by 8 percent from figures recorded in 2014.It s not the only company to be hit the slump; in April, Intel announced that it would lay off 12,000 employees through mid-2017.
Seagate is flinging about three per cent of the workforce overboard to cut its cloth to match crappy PCs sales.The drive maker lodged a filing with the Securities and Exchange Commission last night that stated a restructuring plan had been approved to reduce its cost structure .The plan includes reducing the company s global headcount by approximately 1,600 employees, Seagate confirmed.The cull should be done and dusted by the end of the coming September and is expected to result in pre-tax charges of $62m, largely consisting on termination costs, to be recorded in the current fiscal forth quarter.Annual savings expected to be achieved are in the order of $100m, impacting both the cost of sales and op-ex.Segate sales have declined in all five of its previous quarters.
Micron made a loss of $215m in its latest quarter, job losses are coming, and the Seagate eSSD partnership hasn t taken off.Its fiscal third 2016 quarter revenues were $2.9bn, compared to $3.85bn a year ago and $2.93bn a quarter ago, when it made a $97m loss.It plans to lower its staff count by about 2,400 jobs - about 7.5 per cent.The damage was done by a fall in NAND sales, to around $900m, with trade units down 10 per cent compared to the second quarter and average selling price down 6 per cent.Micron s gross margin of 17 per cent was 3 per cent lower than the second quarter primarily due to lower average selling prices partially offset by manufacturing cost reductions.To address the current market environment and strengthen our competitive position, we are implementing a number of initiatives to reduce costs, drive greater efficiencies, and increase focus on our strategic priorities."
During CE Week 2016, Seagate exhibited its latest storage solutions from its namesake and LaCie brands.At the event, Tim Bucher, Seagate s senior vice president and chief product officer, unveiled the new Backup Plus Hub, a desktop storage drive designed for backing up not only computers, but also files from devices like phones, tablets, and cameras.In addition to data transfer, two USB 3.0 ports on the front can be used to recharge your connected devices.The drive itself, however, is not meant to be toted around.As more and more consumers find themselves shifting toward mobile devices for their daily computing, there is now a greater need for backup solutions for those products.Bucher points to the incredible quantity of photos and other mobile content that people are now creating on their phones as a prime example of this newly emerging need.
A hard disk drive from SeagateSeagate Technology will cut about 6,500 jobs worldwide, or 14 percent of its workforce, with most of the cuts in manufacturing jobs, it said Monday.The data storage maker had said in June that it was aiming to cut 1,600 employees, or 3 percent of its global workforce, by the end of the September quarter to trim costs, but the new announcement suggests that the company feels the need to reduce costs further as its hard disk drives battle in a slowing PC market amid the emergence of flash storage in devices.The new cuts will be in addition to those announced last month.The move by Seagate comes even as the company revised upwards its preliminary financial information for its fiscal fourth quarter and year-end 2016, which ended on July 1, citing better than expected demand for its hard disk drives.The company now expects to report revenue of about US$2.65 billion for the fiscal fourth quarter 2016, against an earlier forecast of $2.3 billion.
CUPERTINO -- Iconic Silicon Valley hardware manufacturer Seagate Technology will cut 6,500 jobs worldwide over the next year, the firm reported Monday.The company, best known for making PC hard drives, said the 14 percent workforce reduction was part of a restructuring and "footprint consolidation" that would help the bottom line.The jobs to be eliminated are in the Americas, Asia, Europe, the Middle East and Africa, the company said.The cuts will cost the Cupertino-based Seagate $164 million during the fiscal year, including $82 million in employee termination expenses, the company said in a filing with the Securities and Exchange Commission.File photo: Seagate Technology headquarters in Cupertino.The announcement came on the heels of an advisory by Seagate late last month that it would eliminate 1,600 jobs globally.Seagate's most recent quarterly report showed a $21 million loss for the quarter ended April 1, after the company brought in $291 million in income for that period last year.
Seagate announced today that it is increasing layoff plans from 1,600 to 6,500 positions as the hard drive maker tries to navigate a global decline in PC sales.Just two weeks ago, the company revealed the original job cut plans.But in a fourth quarter earnings preview, executives decided to up that figure.The new 6,500 job cuts amounts to 14 percent of the company s global workforce.In the earnings preview for its fourth quarter, the company said it will report revenue of $2.65 billion and gross margins of 25 percent.That s better than Seagate s own forecast of $2.3 billion and margins of 23 percent.Seagate said it will ship 37 million hard drives.Despite the positive quarter, Seagate is apparently bracing itself for a tough longterm outlook.The evolution of mobile and cloud data driven environments continues to define itself as requiring significant amounts of mass storage, said Steve Luczo, Chairman and Chief Executive Officer of Seagate, in a statement.
In a statement forecasting financials for its fiscal fourth quarter of 2016, hard drive maker Seagate said that it would be cutting 6,500 jobs by the end of the next fiscal year, amounting to roughly 14 percent of its global workforce.That s a huge expansion in layoffs compared to the plan Seagate laid out less than two weeks ago: At the end of June, the company said it would slash 1,600 jobs across its international operations owing to a slump in PC sales.What s more, the company noted today that it expects to sell more hard drives than it previously estimated: its latest revenue forecast for Q4 2016 is $2.65 billion, up from $2.3 billion in its last prediction.The move will cost Seagate $164 million in pretax charges.A company spokesman told The Wall Street Journal that the newly announced job cuts will mainly affect employees involved in manufacturing operations; Seagate s main manufacturing facilities are based in Malaysia and China, with some also in the US and the UK.While Seagate hopes to grow revenues by the end of the year, it remains to be seen if the company can innovate enough to stay in the game in the years to come, as disk-based storage continues to lose out to more stable and faster technologies.
Data storage firm Seagate has released preliminary financial results for the fourth quarter of 2016, and while the stronger than expected forecast will be welcomed by the company, there's some bad news for its employees.Seagate said demand for its range of hard drives was higher than anticipated, resulting in a projected fourth quarter revenue of $2.65 billion with gross margins of 25 percent.The company had predicted a Q4 revenue of $2.3 billion and non-GAAP margins of 23 percent.Regarding the report, CEO Steve Luczo said: The evolution of mobile and cloud data driven environments continues to define itself as requiring significant amounts of mass storage.HDD devices are where most data bits ultimately reside and our record HDD exabyte shipments in the June quarter, particularly due to enterprise demand, continue to support this thesis.However, the industry shift toward flash storage and cloud solutions, coupled with slumping PC sales, is a concern for Seagate.
Thousands of layoffs announced as spinning rust enters its death spiralAberystwith with Harbour detail by RG Roberts, showing stranded shipsComment Seagate has announced its latest quarterly results will be unexpectedly good but there will be employee bloodshed.WDC did say it was cutting 507 US staff in June but these are the tip of an expected iceberg, which will see thousands of positions eliminated.There are two major disk drive market problems which impinge on manufacturing capacity; PCs and SSDs, with SSD flash storage affecting PCs as well as data centres.The world's consumers and, to some extent, businesses, are buying fewer PCs and notebooks as smartphones and tablets become their computing choices, and these use flash storage SSDs or flash cards .
Seagate is to slash 6,500 jobs - around 14 per cent of its global workforce - by the end of its latest financial year, despite boasting of record shipments.Storage specialist Seagate has announced that it is slashing jobs, letting 14 per cent of its global headcount - some 6,500 people - go by the end of its latest financial year.While Seagate's delayed entry into the solid-state market may have hurt the company in the past, its finances are reasonably rosy: its fourth-quarter report released this week showed revenue of $2.65 billion, above the expected $2.3 billion, having shipped around 37 million hard drives representing a total capacity of 62 exabytes EB .'The evolution of mobile and cloud data driven environments continues to define itself as requiring significant amounts of mass storage.HDD devices are where most data bits ultimately reside and our record HDD exabyte shipments in the June quarter, particularly due to enterprise demand, continue to support this thesis,' crowed Steve Luczo, Seagate chair and chief executive, during the earnings call.'We believe the long-term trend of exabyte storage demand growth exceeding HDD areal density growth remains intact for the foreseeable future.'
LaCie is an unknown brand to most people but the storage company, which was acquired by storage giant Seagate a few years ago, has a cult following amongst Apple aficionados.The company has used some great designers in the past – including legendary French designer Philippe Starck and Scottish artist Neil Poulton – for its product lines.The Porsche Design company is behind LaCie's latest creation, a 4TB external hard disk drive that is equipped with a USB Type-C connector and is an obvious storage option for the Apple MacBook.The drive comes with a USB-C to USB-C cable plus a USB-C to USB cable with a maximum theoretical output speed of 5Gbps USB 3.0 .Other than a barcode and a few more identifiers and logos at the bottom, the enclosure is remarkably clean.According to LaCie, "rounded corners, a sandblast finish and a high polished bevelled edge combine" to give the drive its unique look.
Seagate also aimed to make it a high-performance hard drive, fitting it with a massive 256MB of cache.The drive also spins along at 7,200rpm rather than the typical, lower-cost 5,400rpm large drives.Of course, "performance hard drive" may sound like an oxymoron in this age of SSDs that can easily hit 1.5GBps read speeds, but all things considered, the 3.5-inch Barracuda Pro is still fairly peppy, with rated a 220MBps sustained transfer rate.Well, for a hard drive anyway.The Barracuda Pro uses Conventional Magnetic Recording and doesn t resort to sealing the drive and filling it with helium or exotic magnetic technology to achieve its high capacity.But in this case, Seagate says it s one of the more efficient drives around.
Data storage hardware maker Seagate has announced a new 10TB hard drive for desktop users, the largest capacity consumer hard drive it has released to date.The 10TB Seagate Barracuda Pro desktop drive is one of three new hard drives the company announced today as part of its Guardian series.The other two drives, dubbed IronWolf and SkyHawk, are for NAS applications and surveillance storage respectively.The Barracuda Pro looks like standard fare for hard drive at 3.5 with 7,200RPM disk but it s the massive storage capacity that sets it apart.It will cost you $535 though, so the Barracuda drive is really for the hardcore user.The new range of 10TB hard drives will help consumers and organizations alike manage the massive deluge of data and video they confront every day, said Matt Rutledge, Seagate s senior vice president of client and consumer storage.
Thanks to their fast speeds, Solid States Drives are the storage device of choice for most consumers these days.But for those who need extra capacity, the price of SSDs can be an issue; Samsung s world s largest SSD, for example, is $1500 for the 4TB version.So if you want an enormous drive that can hold an absolute ton of 4K videos, photos, and games, but you don t want to pay well over a thousand dollars, then you ll need a traditional hard disk drive.Step forward, Seagate, with the world s largest consumer hard drive: the 10TB Barracuda Pro.The $534.99 BarraCuda Pro is one of three new 10TB hard drives from Seagate's new Guardian series.The other two, the $469.99 IronWolf and $459.99 SkyHawk, are designed for NAS systems and video surveillance, respectively.