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Microcap & Penny Stocks : JTS- "A Nordic Drive in Every PC and laptop"

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To: jack sousa who wrote (1759)3/3/1998 3:19:00 PM
From: Ratan K. Choudhury  Read Replies (2) of 1985
 
| Top of Business Briefs | The Hindu Index |

JTS Technology starts pilot production

The Chennai-based JTS Technology Ltd, a subsidiary (98.5 per cent) of the U.S.-based JTS Corporation, and the only manufacturer of hard disk drives (HDD) in the country, has commenced pilot production of 6.4 GB high capacity hard disk drives. With this the company now has the complete range of disk drives from 1 GB to 6.4 GB. These drives employ more reliable and proven MIG XT technology with an areal density of 1,500 Mb per square inch providing capacities of 2.1 GB per platter. In all JTS drives, the PCBA is fully encapsulated and mean time between failures (MTBF) of 500,000 hours is the best in the industry, according to Mr. David Tom Mitchell, President and Chief Operating Officer of JTS Corporation, U.S. At JTS plant located Madras Export Processing Zone here on Saturday , Mr. Mitchell said that the capacity of the Chennai plant would be increased to three million units from two million units, at a cost of Rs. 35 crores . The company had got a loan from the U.S. EXIM Bank.

Ratan
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