Thread regarding Seagate Technology Inc. layoffs

US China Trade War and Seagate

So far, it seems that no one is backing down on the US China trade war. If things continue on this path, is there any chance that parts and/or drive shipments in and out of China will be affected? Yeah, I know Seagate is an "Irish" company and therefore isn't technically American, but its well understood that's a legal fig leaf. Just wondering how far this will be pushed before cooler heads prevail.

by
| 2691 views | | 8 replies (last July 9, 2018) | Reply
Post ID: @OP+TQhxUZ4

8 replies (most recent on top)

So in the US there is a 25% tariff on hard drives made in China:

https://www.msn.com/en-ca/money/topstories/trade-wars-trump-loads-first-volley-against-china/ar-AAzCVg8?li=AA54rW

Can Seagate divert production of hard drives bound for the US to non-Chinese manufacturing sites?

by
| | Reply
Post ID: @evhh+TQhxUZ4

They may ship them all to Oklahoma, The facility is all but a ghost town with a huge amount of square footage.

by
| | Reply
Post ID: @2bbf+TQhxUZ4

Thanks for the clarification.

by
| | Reply
Post ID: @1bby+TQhxUZ4

Let me clarify...they are moving units from China to US locations to be held. Normally factory shipments to the US are meant for specific customers. In this case they are shipping product just to get it in country then they will figure out who they can sell it to later

by
| | Reply
Post ID: @1mcu+TQhxUZ4

"They are trying to move as much factory allocation to the USA before the tariffs kick in around the 1st week of July"

Does Seagate actually manufacture drives in the US? I thought that their drive assembly was in China and SE Asia. I know at one time they had two plants in China, then they closed one.

by
| | Reply
Post ID: @1dre+TQhxUZ4

Doubtful. They have factories (in house and contract) in China.

by
| | Reply
Post ID: @1evt+TQhxUZ4

They are trying to move as much factory allocation to the USA before the tariffs kick in around the 1st week of July. They just don't know where to put the product yet.

by
| | Reply
Post ID: @1chz+TQhxUZ4

Irish company with drive stamped MADE IN CHINA

by
| | Reply
Post ID: @1prs+TQhxUZ4

Post a reply

: