How quick is the end coming for HDD and what are seagates next steps to make sure the company survives? Or will it survive? I cant imagine how far seagate will fall.
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Seagate still doesn't take SSD seriously and has understaffed the entire effort from my perspective. They are spending way more on HAMR than SSD from my subjective observations. Basically, the people making decisions are clueless with blinders on.
I'm ex-seagater and now working in one of customer corp. I become to know a lot of market analysis and demands in storage industty.. HDD demand for client will be almost end in 2019-2020, enterprise will last a bit longer. Comparing to HDD, SSD got lots of space to improve which makes customers so excited, like 72+ NAND and recent 3D Xpoint introduced by Intel and Micron. Customers expect to try those SSDs in different applications to boost their business. WD is the top 3 SSD maker in the world now, seagate should realize what strategy need to be changed to adapt the market as HDD become less attraction and interest to customers...
samsung, micron, hynix...all bad. dumb--s those deals never happened
Name a single good executive business decision in the last 10 years. If you think this Toshiba flash deal will be the first one, you don't know history. Rest assured it's to benefit the top wallets only and not going to benefit Seagate as a whole. You'll see. Keep in mind the great deals of the past....samsung, micron, hynix...all bad.
They are going to focus on SSD. Recently, Seagate was revealed to be one of consortium members to buy Toshiba's NAND business. Competing consortium included WD. It will be interesting to see who will win. One factor in favor of WD consortium is that Sandisk is currently in joint venture with Toshiba.
-1gss has it pretty well nailed. When STX raised the dividend to the last ridiculous level, I knew we were going to be screwed eventually. I sometimes wonder if that dividend increase came from some disillusion view that WD would never recover from the flood. To this day, I keep hearing this mantra on how storage needs are going to outstrip the capacity of storage companies. Why isn't this occurring now while the price of RAM is sustained high from demand? Then we walked away from business and gave market share to Toshiba, who are now reaping profits that place them squarely back as a competitor. I'm having a hard time trying to come up with one single decision this management structure has made in the last 10 years.
Seagate way fail miserably! Talk kok
Cut as many employees as needed to make the quarterly numbers.
Obviously not the best strategy, but it's all we got.
They are going to "focus on the people" in 2018.
Focus on laying them off, that is.