Feeds

Seagate ramps up China presence

Labour in China comes cheaper than Ireland or Singapore

  • alert
  • submit to reddit

Internet Security Threat Report 2014

A Chinese news agency reported that Seagate intends to boost its investment in the country by $192 million. The company has currently invested $20 million at a plant in Shenzhen, and that figure will be boosted by $122 million. Seagate's other plant, in Wuxi, will be boosted from a current figure of $30 million to $120 million.

According to the reports, Seagate wants to turn its formerly low key HDD manufacturing in mainland China into major manufacturing centres. Both plants exported 26 million HDDs last year. The attraction for Seagate is undoubtedly low labour rates, with staff paid approximately $30 a month on mainland China. This, from Seagate's point of view, compares favourably to labour rates in Taiwan, Singapore and Thailand. ®

Security for virtualized datacentres

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
Lawyers mobilise angry mob against Apple over alleged 2011 Macbook Pro crapness
We suffered 'random bouts of graphical distortion' - fanbois
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
US court SHUTS DOWN 'scammers posing as Microsoft, Facebook support staff'
Netizens allegedly duped into paying for bogus tech advice
Feds seek potential 'second Snowden' gov doc leaker – report
Hang on, Ed wasn't here when we compiled THIS document
Verizon bankrolls tech news site, bans tech's biggest stories
No agenda here. Just don't ever mention Net neutrality or spying, ok?
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.
Reducing the cost and complexity of web vulnerability management
How using vulnerability assessments to identify exploitable weaknesses and take corrective action can reduce the risk of hackers finding your site and attacking it.