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Seagate(Strategic 100 2010)

Seagate(Strategic 100 2010)

Seagate mainly sells its disk drives to major original equipment manufacturers, distributors and retailers.

Global HQ: Scotts Valley, California, US Website: www.seagate.com

Global leader: Stephen Luczo, chairman, CEO and president

Local leader: Ian McLean, country manager, Australia and New Zealand

Core activity: Manufacturer of hard drives and storage solutions

Revenue: US$11.4 billion (2009-10, ended July 2)

Key customers: Not disclosed

Employees: 54,000

In 2010, global drive production exceeded demand and to protect its market share against rivals Western Digital and Hitachi, Seagate is prepared to take a hit on prices, CEO Patrick O’Malley told Reuters in August.

Seagate mainly sells its disk drives to major original equipment manufacturers, distributors and retailers. As well as hardware, it is providing storage services for small- to medium-sized businesses, including online back-up, data protection and recovery solutions.

Seagate claims to have a 60 percent market share in the enterprise space. It plans to leverage this position to launch next-generation, flash-based solid-state drives that are faster than traditional storage, but also more expensive.

Ulrika Hedquist

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Tags strategic 100 2010

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