Seagate's at it HAMR and tongs for growth as revenues shrivel again

Seagate's first quarter 2018 revenues sank 7 per cent year-on-year to $2.6bn, but the drive biz expects growth and is convinced its heat-assisted magnetic recording (HAMR) tech will help that. GAAP net income was $181m, up 8.4 per cent on last year's $167m. New CEO Dave Mosley's statement spoke of "solid execution and market …

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