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Technology Stocks : Read-Rite

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To: Zakrosian who wrote (4775)6/17/1999 12:12:00 AM
From: CPAMarty  Read Replies (1) of 5058
 
some info regarding percentage of WDC drives designed by IBM; good news for RDRT

After the move, WD will build only high-end drives at its Chai Chee facility, as well as half of the desktop drives co-developed with IBM Corp.

As for the IBM-designed drives, sources estimate that over half a million may be built in Singapore, bringing total output in Singapore to over 800,000 drives.

This is just over 14 per cent of WD's estimated build plan of 5.6 million drives this quarter. As Singapore is supposed to build half of WD's total drive shipments, this means WD's remaining activity in Singapore would be cut to less than 30 per cent of its normal Singapore output.


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