Quantum/MKE deck wafer facility
Not cost-economic
Posted in Business, 29th October 1998 10:20 GMT
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Quantum and MKE have dissolved their recording heads JV in Shrewsbury, Massachusetts. The companies said that losses in the MKQC business were unsustainable, because of current over capacity in the recording heads industry and the lack of volume. Ron Torton, director of programmes for workstations storage at Quantum, said that the joint venture and the head business had presented the companies "with some challenges". The closure of the plant does not affect the relationship between MKE and Quantum. The Japanese outfit will continue to manufacture drives for Quantum and heads will be sourced from other OEMs. ® Click here for more storage

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