Feeds

Seagate pulls plugs on Scottish semi plant

Plans to outsource semiconductor support for its drives

  • alert
  • submit to reddit

High performance access to file storage

The semiconductor slump has claimed another victim, and Scottish inward investment has taken another knock, with the news that disk drive manufacturer Seagate is pulling-out of its Livingstone semiconductor manufacturing plant, putting 275 jobs under threat. Seagate has been losing money, and has come to the conclusion that semiconductors isn't a business it needs to be in. Livingstone manufacturers chips for use in Seagate hard drives that are built in the Far East, and in the current climate there's enough semiconductor capacity available for the company to buy in the chips from elsewhere. The decision to pull out reverses an expansion strategy the company announced at the beginning of this year. Livingstone was to have $40 million spent to upgrade it, and the workforce expanded to 375. Seagate does now however hope to sell the plant as a going concern, so immediate redundancies aren't on the cards. ® Click for more stories

High performance access to file storage

More from The Register

next story
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Nokia offers 'voluntary retirement' to 6,000+ Indian employees
India's 'predictability and stability' cited as mobe-maker's tax payment deadline nears
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
It may be ILLEGAL to run Heartbleed health checks – IT lawyer
Do the right thing, earn up to 10 years in clink
France bans managers from contacting workers outside business hours
«Email? Mais non ... il est plus tard que six heures du soir!»
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.