Thread regarding Seagate Technology Inc. layoffs

World's largest HDD company wants to launch massive 60TB SSD in 2024

https://www.techradar.com/pro/worlds-largest-hdd-company-wants-to-launch-massive-60tb-ssd-in-2024-wd-ceo-spills-beans-on-solid-state-roadmap-as-he-divulges-that-enterprise-customers-want-much-bigger-capacities-fast

WD CEO spills beans on solid state roadmap as he divulges that enterprise customers want much bigger capacities, fast

The company chalked up a profitable quarter, with revenues soaring over forecast to $3.46 billion, a 29% YoY rise. The company managed to turn around a streak of losses, reporting a $135 million profit. These achievements are in stark contrast to rival Seagate, which posted an 11% YoY reduction in its revenues to $1.66 billion.

Goeckeler underlined that Western Digital's improved financial performance was a result of the company's efforts to offer a more diversified product range. He also said that WD was committed to delivering larger SSD capacities off the back of growing demand for AI-related applications. He said customers “want them [SSDs] in much bigger capacity points, 30- and 60-terabyte capacity points.”

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| 1443 views | | 4 replies (last May 12)
Post ID: @OP+1srwihIC

4 replies (most recent on top)

DG stated it's a more diverse product portfolio, it's been diverse for years. The change in demand and recent pricing leverage likely helped financial performance too

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Post ID: @3nvs+1srwihIC

of course, when the company splits he's the flash CEO has no longer needs to have a vested interest in HDDs, and we all know that HAMR TCO has a ways to go

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Post ID: @1aww+1srwihIC

Is nobody buying the Darth Vader SSD from Seagate?

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Post ID: @yme+1srwihIC

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