Hard drive company Seagate will lose up to 600 jobs in Malaysia, it said today, as part of its ongoing restructuring programme.
At the same time it has introduced technology that will give it higher densities on its platters.
Early this year, Seagate laid off a large number of staff in the Republic of Ireland, and was later forced to pay back Irish government grants given to help it set up its factory there.
But Seagate claims the new high density technology will help it overcome problems and regain its place in the storage sun. It should help allay analyst doubts that it can produce a 5Gbytes drive to rival products from IBM, based on its thin magneto-resistive (MR) technology, which has put IBM a step ahead of its rivals.
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